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.
July imports were seen rising 37.30% on an annual basis, compared with June’s 21.98% increase. Bank Mandiri economist Faisal Rachman, who estimated July’s surplus at $3.85 billion, said export performance weakened amid slowing global trade activity and with the drop in coal and crude palm oil prices from a month earlier ... Advertisement ... ....
JAKARTA. India's was tied for the lead and was one shot behind at the end of 54 holes in the $500,000Bank Mandiri on Saturday. Sharing the lead with Rashid (64) who shot 8-under, was Thailand's (68). The Thai had a late eagle on 14th, while Rashid birdied the 18th. The two went into the lead taking advantage of late lapses by their rivals ... .
JAKARTA (Reuters) – Indonesia’s central bank ... “Increasing bond yields might attract new investors, as the yields will create an attractive entry level, but they might also increase the sell-off from existing investors,” Handy Yunianto, Bank Mandiri’s fixed income analyst, said.
BankIndonesia (BI) Governor... "Increasing bond yields might attract new investors, as the yields will create an attractive entry level, but they might also increase the sell-off from existing investors," Handy Yunianto, Bank Mandiri's fixed income analyst, said.
Southeast Asia’s largest economy has been enjoying an export boom on the back of rising commodity prices, reporting monthly trade surpluses since May 2020 ...Bank Mandiri economist Faisal Rachman, who estimated June’s surplus at $3.34 billion, said commodity prices have started to ease amid fears of global recession ... Advertisement ... Sign Up ... See All ... ....
Summary ...Southeast Asia's largest economy has been enjoying an export boom on the back of rising commodity prices, reporting monthly trade surpluses since May 2020 ... Register ... Bank Mandiri economist Faisal Rachman, who estimated June's surplus at $3.34 billion, said commodity prices have started to ease amid fears of global recession ... ....
For the second time in less than three months, Indonesia will steal the show for motorsport enthusiasts around the world ... Unsurprisingly, a number of major state-owned enterprises (SOEs), including PT Pertamina and Bank Mandiri, sponsored the event. We accept. Register to read 3 premium articles for free ... login ... .