Bank Mandiri, headquartered in Jakarta, is the largest bank in Indonesia in term of assets, loans and deposits. Total assets as of Q3 2012 were IDR 588.4 trillion (or USD 59.8 billion). It also has Capital Adequacy Ratio (CAR) of 16,08% (including market risk), Return on Asset (RoA) of 3.45%, and Return on Equity (RoE) of 22.18%. As of September 2012, Bank Mandiri is the first largest bank in Indonesia by total assets.
By September 2012, the bank had 1733 branches spread across three different time zones in the Indonesian archipelago and six branches abroad, about 11.000 Automatic Teller Machines (ATMs), and six principal subsidiaries: Bank Syariah Mandiri, Mandiri Sekuritas, Mandiri Tunas Finance, AXA Mandiri Financial Services, Bank Sinar Harapan Bali, and Mandiri AXA General Insurance.
Bank Mandiri is the result of the merger made by Indonesian Government from four older government-owned banks that had failed in 1998. Those four banks were Bank Bumi Daya (BBD), Bank Dagang Negara (BDN), Bank Expor Impor (Exim), and Bank Pembangunan Indonesia (Bapindo). During the amalgamation and reorganization, the government reduced the number of branches by 194 and the number of personnel from 26,600 to 17,620.
“Digital banks are getting bigger ...Major e-wallet operators and financial institutions including GCash in the Philippines, TnGD and Maybank in Malaysia, Dana in Indonesia, TrueMoney in Thailand and Mandiri Bank in Indonesia have been using ZOLOZs e-KYC (electronic Know-Your-Customer) solutions to serve their customers.
Deputy Minister for Investment Planning Indra Darmawan and Bank Mandiri chief economist Andry Asmoro will be on-hand to exchange their views and opinions on Indonesia’s economic forecast, including the importance of investments for the economic climate, the evolution of ...
Summary. Trade data due at 0400 GMT on Tuesday, Nov. 15 ...Bank Mandiri's economist Faisal Rachman, who predicted a $4.42 billion October surplus, said while export growth was slowing, demand for imports was rising in preparation for year-end needs ... Our Standards. The Thomson ReutersTrust Principles. Read Next / Editor's Picks ... ....
The median forecast from 15 economists in a Reuters poll was for a $4.5 billion surplus in October, below September’s surplus of nearly $5 billion ...Bank Mandiri’s economist Faisal Rachman, who predicted a $4.42 billion October surplus, said while export growth was slowing, demand for imports was rising in preparation for year-end needs ... Sign Up ... ....
The report by a coalition of civil society groups looked at loans made by BNI, BRI and Bank Mandiri, all state-owned lenders, and BCA, the biggest private sector bank in the country ... The biggest lender to the companies studied is Bank Mandiri, which is also the largest bank in Indonesia.
BankIndonesia, for instance, only began hiking in August and has raised rates by a total of 75 bps ...Indonesian company Mandiri Tunas Finance, which is majority-owned by Bank Mandiri (BMRI.JK), raised 376.615 billion rupiah ($24.80 million) of 5-year bonds at 6.75% in February.
BankIndonesia, for instance, only began hiking in August and has raised rates by a total of 75 bps ...Indonesian company Mandiri Tunas Finance, which is majority-owned by Bank Mandiri, raised 376.615 billion rupiah ($24.80 million) of 5-year bonds at 6.75% in February.