Bank Mandiri

Retail Asia13/06/2017

State-owned Bank Mandiri is lending Rp1.5 trillion to Indonesia Infrastructure Finance (IIF) to help the non-bank financial institution support the acceleration of infrastructure development in Indonesia. IIF president director Arisudono Soerono said the loan will used to finance several infrastructure projects that are commercially viable and feasible. Bank Mandiri also gives IIF a treasury line […]

Retail Asia15/02/2017

State lender Bank Mandiri saw its net profit plunging by up to 32.1 percent to Rp13.8 trillion in 2016 from Rp20.3 trillion in 2015. The net profit fell, as the bank set aside its operating income to raise its provisions for loan loss coverage, following the rising ratio of non-performing loans (NPLs) to total gross […]

Retail Asia29/11/2016

State-owned lender Bank Mandiri has joined hands with chat app operator LINE Indonesia to integrate its Mandiri e-cash product with LINE pay service. The partnership is aimed at facilitating LINE users in carrying out electronic transactions. “E-cash transfer can now be done as easy as sending a text in chat app LINE,” Director for Banking […]

Retail Asia08/08/2016

PT Bank Mandiri Tbk, Indonesia’s largest bank by assets, could soon operate here with full banking rights. The move comes after financial authorities from Indonesia and Malaysia signed a bilateral agreement earlier this week, allowing greater access to lenders from both countries to fully operate in the respective jurisdictions. Bank Mandiri would pay RM100mil (US$24.6mil) […]

Retail Asia16/05/2016

The state-owned lender Bank Mandiri reported Rp3.8 trillion in net profit in the first quarter of 2016 thanks to increases in net interest income and fee-based income. The countrys largest bank in asset recorded a 19.1 percent in increase in net premium and net interest income to Rp13. trillion and 8 percent rise in fee-based […]

Tag: Bank Mandiri

Bank Mandiri Lends Rp1.5tn to Indonesia Infrastructure

Bank Mandiri`s net profit falls by 32.1 percent

Bank Mandiri Partners with LINE for E-transactions

Bank Mandiri to grow Malaysian operations

Bank Mandiri chalks up Rp3.8 trillion in Q1 net profit