Bank Mandiri Records Solid Performance In The Second Quarter Of 2025, Strengthens Commitment To State Advancement Synergy

JAKARTA - Bank Mandiri managed to record solid performance in the second quarter of 2025 with sustainable growth in various business lines. This achievement reflects the company's optimism, as well as affirms its commitment to accelerating transformation, strengthening export-oriented productive sector ecosystems, and expanding support for the retail sector and MSMEs.

Bank Mandiri Director of Finance & Strategy Novita Widya Anggraini said that all of these strategies are in line with the main theme of the commemoration of Bank Mandiri's 27th Anniversary 'Sinergi Advancing the State', which is the company's spirit to continue to make a real contribution to national economic development. Evidently, Bank Mandiri consolidatedly managed to record total assets worth IDR 2,514.68 trillion, up 11.4 percent year on year (yoy) in the second quarter of 2025.

This was supported by Bank Mandiri's consolidated credit disbursement which reached Rp1,701 trillion, an increase of 11 percent yoy. This growth exceeded the banking industry average of 7.03 percent yoy in the June 2025 period based on data from the Financial Services Authority (OJK).

"The credit growth that we have achieved shows Bank Mandiri's active role in supporting productive financing in various strategic sectors. Credit acceleration is focused on strengthening national economic performance as well as providing benefits to the wider community. Therefore, we will continue to maintain Bank Mandiri's credit growth above the industry average," said Novita in Jakarta, Friday, September 19.

Novita added that this growth is evenly distributed throughout Indonesia. Bank Mandiri's lending reaches several prospective sectors, including the construction sector, infrastructure, trade, energy, food and beverages, as well as labor-intensive industries. This, continued Novita, emphasized that Bank Mandiri's efforts in providing access to relevant financing are in accordance with regional economic potential.

Synergy with business actors in various sectors has succeeded in bringing credit growth to run more inclusively. Export-oriented productive sector ecosystems strengthen financing in the industrial business segment and become the basis for MSMEs and retail to continue to grow," explained Novita.

Through optimizing this synergy, the MSME segment also recorded a significant increase with productive micro credit growth of 12.6% on an annual basis at the end of the second quarter of 2025. This realization strengthens the role of this BMRI issuer coded bank, in optimizing the populist economy and encouraging job creation in various regions.

"We keep asset growth of quality, with a focus on financing sectors that have great potential to support national productivity and employment," added Novita.

Evidently, Bank Mandiri's financial performance remains accompanied by the principle of prudence. Gross Bank Mandiri's Non-Performing Loan (NPL) ratio is maintained at the level of 1.08 percent on a bank only basis, better than the industry average of 2.22 percent when referring to OJK data in the period June 2025.

In addition, Bank Mandiri's backup ratio or NPL Coverage Ratio reached 273 percent, reflecting solid financial resilience in anticipating risks.

Our commitment is to ensure healthy credit growth with disciplined risk management. In this way, profitability can be maintained consistently," said Novita.

Bank Mandiri also recorded solid growth in Third Party Funds (DPK). Until the end of June 2025, the total consolidated DPK reached Rp1,828 trillion, an increase of 10.7 percent yoy and managed to grow above the industry average. The growth of the DPK was driven by an increase in low-cost funds (Current Accounting Account/CASA) which reached 78.4 percent, strengthening liquidity and efficiency in fund costs.

We will consistently continue our ecosystem-based growth strategy and digitization. Our main focus is to increase transactional-based CASA in both wholesale and retail segments to keep the cost of funds efficient. We are doing this strategy so that Bank Mandiri remains a transactional bank for customers," added Novita.

He continued that optimizing CASA is an important strategy so that Bank Mandiri can provide efficient funding. This also strengthens liquidity structure in supporting credit expansion in a sustainable manner.

Digital transformation continues to be a motorcycle for the growth of banks bearing the gold band logo. Until the end of June 2025, Super App Livin' by Mandiri has been used by 32.9 million users, growing 27 percent yoy. In terms of performance, the frequency of Livin' by Mandiri transactions until mid-2025 was recorded at 2.23 billion transactions or grew 26 percent yoy, and the transaction value exceeded IDR 2,097 trillion, up 11 percent yoy.

Furthermore, Livin' by Mandiri has also become a center for customer banking activities, including the opening of a new customer account which is now 91 percent digitally carried out. This adoption also encourages the integration of savings, where 87% of customer savings balances have been connected to Livin' by Mandiri.

On the other hand, Livin' Merchant also recorded strong growth with the number of users reaching 2.8 million merchants, an increase of 35 percent yoy until June 2025. This growth reflects the role of Livin' Merchant in encouraging the digitization of business actors, especially MSMEs, so as to expand market access and increase competitiveness in a sustainable manner.

For business and industrial customers, Kopra by Mandiri is present as a digital super platform with a transaction value of IDR 12,170 trillion, an increase of 22 percent yoy and a transaction frequency of 706 million, growing 14 percent yoy. This growth rate is more than double compared to the same period the previous year, in line with Bank Mandiri's efforts to expand the digital export-oriented productive sector ecosystem.

"With sustainable innovations in Livin', Livin' Merchant, and Kopra, Bank Mandiri is building a comprehensive digital ecosystem, so that banking services can be accessed more relevantly, easily, and adaptively to customer needs in all segments," said Novita.

The implementation of digital transformation is also reflected in strengthening performance in terms of income. In more detail, Livin' by Mandiri managed to score a fee-based income growth of around 17 percent yoy in the second quarter of 2025. Meanwhile, Kopra by Mandiri managed to record a fee-based income contribution of IDR 1.15 trillion in the same period, in line with continued growth in transactions in the business and industrial segments.

In addition, Bank Mandiri has also consistently strengthened its sustainable financing portfolio in line with the implementation of Environmental, Social, and Governance (ESG) principles. Until the second quarter of 2025, the total sustainable financing portfolio reached IDR 304.5 trillion or grew 9.6 percent yoy. Of this amount, the total green financing was recorded at IDR 157.5 trillion, growing 13.3 percent yoy, while social financing reached IDR 147 trillion with 5.9% growth on an annual basis.

This commitment also received international recognition, one of which was through the assessment of Morgan Stanley Capital International (MSCI) which had increased Bank Mandiri's ESG Rating from BBB in 2024 to AA in 2025. This achievement emphasized Bank Mandiri's consistency in strengthening sustainability practices as well as supporting Indonesia's economic transition towards a green economy.

As part of the support for the National Strategic Program, Bank Mandiri consistently actively participates in various government priority initiatives. Among others, in the Free Nutrition Food (MBG) program, Bank Mandiri is the main partner of the National Nutrition Agency (BGN) by providing virtual account and financing transaction solutions that reach around 1,500 Nutrition Fulfillment Service Units (SPPG). This initiative is expected to expand public access to healthy and nutritious food.

Bank Mandiri also took a pioneer role in strengthening the Red and White Village Cooperative (KDKMP) through HR training and institutional strengthening. Until mid-2025, Bank Mandiri has supported the briefing for around 1,300 participants and 150 KDKMP which is the driving force of the local economy.

On the other hand, Bank Mandiri's contribution to the 3 Million House program received appreciation from the Ministry of Housing and Settlement Areas. The distribution of mortgages with the Housing Financing Liquidity Facility (FLPP) of Bank Mandiri grew significantly by 78.8 percent yoy, reflecting a strong commitment to supporting the provision of decent housing as well as expanding employment in the housing sector.

In addition to the three programs, Bank Mandiri also continues to expand support for other productive sectors that are the priority of government development. Through financing strategic infrastructure projects, the company seeks to provide access to capital that is able to increase connectivity between regions and accelerate regional economic growth.

This effort reinforces Bank Mandiri's role in encouraging an inclusive and sustainable national development even distribution.

In line with that, Bank Mandiri is also active in supporting the mineral downstream agenda which is the government's strategic focus. As of June 2025, lending to the mineral downstream sector reached IDR 35.75 trillion, growing 15.65 percent yoy, which is directed at the development of nickel, copper, aluminum, and gold refinery smelters. This financing acceleration is expected to increase the added value of national natural resources, strengthen the competitiveness of domestic industries, as well as open new jobs in various regions.

"With the acceleration of collaboration with the government and strategic partners, Bank Mandiri is optimistic that it can encourage inclusive, productive and sustainable economic growth. The support we provide focuses on sectors that provide added value to society," concluded Novita.