Bank Mandiri Strengthens Economic Contribution Through Wholesale Credit Distribution

Photo: Doc. Bank Mandiri

JAKARTA - Bank Mandiri is committed to contributing to the domestic economy by aggressively carrying out the intermediation function. One of them is by disbursing financing to business actors from small to wholesale scale.

The distribution of credit is also part of Bank Mandiri's commitment as a development agent as well as an economic driver in the country. In line with the spirit of Bank Mandiri's 25th Anniversary with the theme 'Towards the Future', the company hopes to continue to provide access to financing and the best banking services for customers.

Bank Mandiri Corporate Banking Director Susana Indah Kris Indriati said that on a bank only basis, the company managed to record credit of 12.34 percent year on year (yoy) to Rp996.87 trillion as of August 2023. This achievement was higher than the growth of bank industry loans which only grew 9.06 percent yoy in the same period.

Bank credit disbursement with the gold ribbon logo is most channeled to the wholesale segment with a growth of 13.05 percent yoy to Rp655.91 trillion until August 2023. Meanwhile, the MSME segment has increased 7.8 percent yoy to Rp121.31 trillion.

"In terms of portfolios, financing to the wholesale segment contributed 65.8 percent of the company's total credit portfolio to date. This confirms the identity of Bank Mandiri as the largest corporate bank in Indonesia," said Indah in Jakarta on Friday, October 6.

Not only providing access to financing, but the bank with the gold ribbon logo also provides comprehensive digital banking services to wholesale customers through Kopra by Mandiri. This super digital wholesale mainstay platform of Bank Mandiri also provides features that are able to provide convenience in business transactions for wholesale customers in an integrated manner.

This is evidenced by the achievement of Kopra by Mandiri which managed to manage transactions worth IDR 12,449 trillion at the end of August 2023. More than that, in the last year, the growth of Kopra by Mandiri users increased by 134 percent yoy to 146 thousand more users.

Kopra by Mandiri has also provided comprehensive solutions to all aspects of the wholesale customer business ecosystem, which includes trade, payment, collection, liquidity, and value chain financing. The super platform bank codenamed BMRI offers three variants of the solution, namely Kopra Portal, Kopra Host to Host, and Kopra Partnership.

Bank Mandiri has also released the Kopra Mobile App at the end of 2022 to make it easier for Kopra by Mandiri user customers. Meanwhile, the Kopra Mobile App is equipped with various features for customers with services.

Starting from the consolidated financial dashboard, approval of cash management transactions combined with authentication devices through Mandiri Mobile Token and legal checks of Bank Guarantee issued by Bank Mandiri. As of June 2023, Kopra Mobile App has been downloaded by as many as 25 thousand and continues to grow.

Along with that, Bank Mandiri is optimistic that the wholesale segment has great potential. The company will continue to provide the best and most modern service, as well as encourage consistent and sustainable business growth.

Until the end of the year, Bank Mandiri is optimistic that corporate loans can grow in the range of 9 percent to 10 percent yoy. To achieve this target, the company remains focused on various sectors that become Bank Mandiri's expertise while still prioritizing the precautionary principle," concluded Indah.