Bank Mandiri Reveals Business Credit Disbursement Reaches IDR 31.79 Trillion by August 2025

JAKARTA – Bank Mandiri announced that the disbursement of People's Business Credit (KUR) for Micro, Small, and Medium Enterprises (MSMEs) had reached IDR 31.79 trillion by August 2025.

Bank Mandiri's Senior Vice President of Micro Development & Agent Banking, Bayu Trisno Arief Setiawan, emphasized his commitment to supporting the development of Micro, Small, and Medium Enterprises (MSMEs) as the backbone of the national economy and expanding employment opportunities.

He stated that through the distribution of People's Business Credit (KUR), Bank Mandiri strives to provide broader access to capital for businesses to accelerate capacity and competitiveness.

He stated that this step is also in line with the government's program of providing low-interest loans for the MSME, agricultural, and small industry sectors.

Bayu stated that KUR disbursement reached IDR 31.79 trillion to more than 273,045 businesses throughout Indonesia by August 2025, with optimal credit quality maintained at 0.99 percent.

He added that the KUR distribution is equivalent to 82.58 percent of Bank Mandiri's 2025 KUR target of IDR 38.5 trillion.

According to him, by providing access to capital through KUR, Bank Mandiri is helping to increase the production capacity of MSMEs, especially in the agricultural and industrial sectors.

Bayu stated that this step represents a synergy between the government, banks, and MSMEs in building an independent and sustainable people's economy and expanding employment opportunities.

"We believe that supporting access to financing for these businesses plays a crucial role in creating jobs and encouraging inclusive economic growth," he said in an official statement on Monday, September 29.

He continued, stating that KUR distribution through August 2025 will be dominated by the production sector, accounting for 60.21 percent, or IDR 22.57 trillion.

Of this total, the agricultural sector, as the driving force of national food security, contributed IDR 11.07 trillion, or 29.53 percent. The production services sector absorbed 21.32 percent, or IDR 7.99 trillion. The processing industry sector contributed 7.69 percent, or IDR 2.88 trillion. The fisheries sector contributed 1.64 percent, or IDR 616 billion.

He stated that the total accumulated distribution of People's Business Credit (KUR) since the government launched the program in 2008 will reach IDR 294.19 trillion by the end of August 2025. This low-interest credit has benefited 3.51 million Bank Mandiri borrowers across Indonesia, helping them improve their business capacity.

Bayu explained that to accelerate and maintain the quality of KUR distribution, Bank Mandiri has adopted a more inclusive, ecosystem-based approach focused on strengthening leading production sectors in various regions.

He explained that business synergy and strategic collaboration with wholesale customers are part of a closed-loop strategy implemented to optimize the value chain and maintain business continuity, enabling MSMEs to grow more rapidly with broader market access.

Furthermore, Bayu stated that as part of its business strategy, Bank Mandiri provides digital financial transaction services to support MSMEs' upgrading through Livin' Merchant, offering easy onboarding, flexible payment acceptance, and no subscription fees.

He stated that this application provides easy access to banking services (access to finance) for MSMEs. As of August 2025, Livin' Merchant users in the MSME segment had reached 2.9 million, a 38 percent year-on-year increase.

Bayu stated that Bank Mandiri continues to expand access to financing through a referral program, followed by education on financial services and transactions through Mandiri Agents (Agent Laku Pandai Mitra Bank Mandiri) within the MSME business ecosystem.

He stated that with continued support and close collaboration with the government and various parties, as well as MSME digitalization initiatives, we ensure that KUR (People's Business Credit) is distributed effectively and has a real impact on the economy.

"We believe that strong MSMEs will contribute significantly to achieving food security and community welfare," he concluded.