PT Sarana Multigriya Finansial (Persero) Email Format
Financial ServicesJakarta, Indonesia51-200 Employees
PT Sarana Multigriya Finansial (Persero) is a government-owned financial services company established in 2005 and based in Jakarta, Indonesia. It functions as a secondary mortgage institution with a mandate to mobilize long-term funds through the capital market to support homeownership and the development of mortgage-related securities. Since 2009, SMF has facilitated mortgage securitization via Asset-Backed Securities (ABS), and regulatory changes in 2014 expanded its role to include issuer of ABS-Participation Certificates as well as arranger, credit enhancer, and investor. It serves Indonesian families seeking affordable housing and is positioned within the financial services industry as a specialized state-backed entity in the mortgage market. It is wholly owned by the Government of Indonesia and holds a high credit rating from Pefindo (AAA), indicating its established standing in its niche. Its regulatory framework has evolved through presidential regulations issued between 2005 and 2016 to broaden liquidity distribution and lending facilities supporting housing finance.