Bank Mandiri Disburses IDR 145 Billion To Create KRI Selar And KRI Butana

Illustration (Photo: Doc Antara)

Bank Mandiri distributed financing for the construction of two units of the Indonesian Navy's 40 Fast Patrol Ship (PC) with a value of IDR 145 billion.

The financing was distributed to PT Citra Shipyard to support the project to make KRI Selar and KRI Butana owned by the Indonesian Navy.

Bank Mandiri SVP Commercial Banking Ferdianto Munir said this step was a sustainable effort by Bank Mandiri to contribute to strengthening the maritime sector and the national shipping industry.

"We continue to strive to provide optimal support, both through financing and financial transaction services, to strengthen Indonesia's maritime industry. This is in line with our mission to encourage national economic growth and strengthen state sovereignty," said Ferdianto in his statement to the media, Friday, September 6.

Ferdianto said that Bank Mandiri's commitment to supporting Indonesia's Alutsista independence is in line with the vision to become a strategic partner of the government in the development of sectors that are crucial for the progress of the nation.

Support for the construction of fast patrol boats is also a manifestation of the spirit of nationalism that underlies all business activities of Bank Mandiri.

"We want to play an active role in maintaining state sovereignty, as well as strengthening the main tool of the defense system (Alutsista) in Indonesia," he said.

For information, Bank Mandiri recorded a solid performance in commercial credit distribution with growth reaching 23.59 percent year on year (yoy) until July 2024 to IDR 266.07 trillion.