2022 State Budget: Fiscal Policy and Structural Reform

Adjustment of LTV/FTV ratio on Housing loans/financing (effective from 1st March 2021 until 31st December 2022) 1 2 23 90% 95% 95% 90% 80% 70% 95 % 85% 75% 90% 80% 90% 80% b. Changes to LTV/FTV Ratio on Green Property Loans/Financing Ketentuan Saat Ini NPL/NPF Criteria Met Property Loans/Financing Facility based on Murabalah and Istishna Contracts 1 22 Property Financing based on MMQ and IMBT Contracts 1 22 Landee House Type >70 Type>21-70 Type $21 NPL/NPF Criteria Not Met Property Loans/Financing based on Murabahah and Istishna Contracts 1 223 Property Financing based on MMQ and IMBT Contracts Ketentuan Baru Property Financing based on MMQ and IMBT Contracts 22 PP Bdsr NPL/NPF Criteria Not Met Property Loans/Financing based on Murabahah and Istishna Contracts Aked MMQ & Akad IMBT 12 23 12 23 Facility NPL/NPF Criteria Met Property Loans/Financing based on Murabahah and Istishna Contracts 1 22 1 Landec House Type >70 100% Type >21-70 Type ≤21 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 95% 90% 90% 95% 90% 90% 95% 95% 95% 95% 95% 95% 100% 95% 95% 100% 95% 95% Apartment Apartment Type>70 90% 95% 90% 80% 70% 95 % 85% 75% Type >70 100% 100% 100% Type >21-70 95% 95% 90% 80% 90% 80% Type >21-70 Type $21 95% 95% 90% 80% 90% 80% Type $21 100% 100% 100% 100% 100% 100% 100% 100% 100% 95% 90% 90% 95% 90% 90% 95% 95% 95% 95% 95% 95% 100% 95% 95% 100% 95 % 95 % Shop House Office 95% 95% 90% 80% 90% 80% Shop House/Office House 100% 100% 100% 100% 95% 90% 90% 95% 90% 90% House Notes 1. denotes LTV ratio policy at bank discretion *NPL/NPF Criteria 2. Based on PB No. 21/13/PBUV/2019 3. Criteria for a green building a. Property area <2,500m², assessed by Bank Indonesia using tools from an approved green building appraisal institution and/or certified directly by an approved green building appraisal institution. b. Property area > 2500m², certified by an approved green building appra sal institution. Maximum cumulative liquidation Maximum cumulative liquidation Maximum cumulative liquidation Maximum cumulative liquidation 1. Gross NPL/NFF ratio < 5%; and 2. Net NPL/NPF ratio on property loans/financing <5% c. Changes to Indent Regulations Current Regulation up to 30% of ceiling upon completion of loan contract up to 50% upon completion of foundations up to 90% of ceiling upon completion of roof signing of BAST, accompanied by AJB and a cover up to 100% of ceiling upon note. New Regulation 1. Repeals regulations concerning the gradual liquidation of indent and the maximum cumulative liquidation of property loans or property financing. 2. Banks are required to maintain prudential principles and risk management when liquidating property loans/financing on indent. Source: Bank Indonesia 156

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