Having Established since July 2005, PT Sarana Multigriya Finansial (Persero) or (“SMF”) is a State-owned Enterprise of Indonesia which provides secondary mortgage financing services. As a first and the only one secondary mortgage corporation in the country, the company has taken an integral part, building a vital channel of funds which connect the capital market to mortgage lenders.
One of the company’s core objectives is to enhance acceleration of mortgage volume in Indonesia as an effort to increase the sustainability as well as affordability of house financing to the public, especially to those in the middle to lower class.