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.
MUMBAI. on Monday announced its exclusive agreement with TLP, the and Bank Mandiri, to provide online pre-payment of fees, fast-track access and concierge services to international passengers upon arrival in Jakarta... A confirmation will be sent to their registered email ID and the visa processed in advance to be stamped upon arrival ... .
Despite the surprisingly large surplus, Bank Mandiri's economist Faisal Rachman said he maintained his view that the trade gap will shrink due to falling global commodity prices amid risks of global recession ...DBS Bank's economist Radhika Rao concurred, saying Indonesia ...
Still, accelerating inflation could put pressure on BankIndonesia (BI) to tighten monetary policy more quickly. The bank holds a two-day policy meeting ending on Sept 22. Bank Mandiri economist Faisal Rachman estimated inflation could accelerate to between 6% and 7% and BI could raise the policy rate to 4.25% this year from 3.75% now.
Still, accelerating inflation could put pressure on BankIndonesia (BI) to tighten monetary policy more quickly ... Bank Mandiri economist Faisal Rachman estimated inflation could accelerate to between 6 per cent and 7 per cent and BI could raise the policy rate to 4.25 per cent this year from 3.75 per cent now.
Bank Mandiri’s Faisal Rachman said inflation could be heading to 6% this year assuming a 30% increase in the price of subsidised gasoline, compared with a forecast of 4.60% without a price hike ... Bank Danamon economist Irman Faiz said producers were also under pressure to raise prices at consumer level due to rising costs.
... Tugu Batavia, BankIndonesia, Cafe Batavia, etc ... For more information, the public can access the official Instagram @bataviakotatua and @jxboard. Kota Tua was well organized in collaboration with Teh Pucuk, Le Minerale, Kopiko Lucky Day, Bank Indonesia, and Bank Mandiri.