Encourage MSMEs To Advance In Class, Bank Mandiri Distributes KUR Of IDR 12.8 Trillion As Of March 2025

Photo: Doc. Bank Mandiri

Bank Mandiri continues to show its commitment to accelerating the development of Micro, Small and Medium Enterprises (MSMEs) as the main driver of the national economy. Through the distribution of People's Business Credit (KUR), Bank Mandiri encourages the growth of productive business actors through affordable and inclusive financing.

During the January to March 2025 period, Bank Mandiri has distributed KUR worth IDR 12.83 trillion to more than 110,807 debtors throughout Indonesia. This realization reached 33.34% of the Bank Mandiri KUR distribution target this year which was set at IDR 38.5 trillion.

Bank Mandiri President Director Darmawan Junaidi said this distribution was the result of a synergy between Bank Mandiri, the government, and business actors in encouraging economic recovery and strengthening, especially from the productive sector. The bank coded BMRI issuer explained that it continues to strive to expand access to financing to MSMEs with a targeted and sustainable approach.

Our commitment is to provide financing that can have a direct economic impact on business actors. We direct KUR distribution to accelerate productive sectors that play a major role in creating jobs and strengthening regional economic structure," Darmawan said in his official statement, Sunday, April 27.

Furthermore, Darmawan said, the distribution of Bank Mandiri's KUR during this period was continuously dominated by the production sector with a composition of 59.88 percent or Rp7.68 trillion, while the non-production sector was Rp5.15 trillion or 40.12 percent of the total KUR distribution in the first quarter of 2025.

Meanwhile, based on this sector, agriculture is the largest contributor with a value of IDR 3.81 trillion or equivalent to 29.72 percent of the total KUR. Followed by the production service sector of IDR 2.71 trillion, the processing industry of IDR 984 billion, fisheries of IDR 164 billion, and the mining sector of IDR 6.1 billion.

Meanwhile, in terms of the credit segment, Bank Mandiri's KUR distribution until March 2025, among others, was dominated by Small KUR of IDR 8.18 trillion and Micro KUR of IDR 4.64 trillion.

"In encouraging the realization of KUR distribution, Bank Mandiri prioritizes sustainability and inclusiveness. By strengthening the production sector, we hope to help encourage MSMEs to be able to increase business capacity and competitiveness in a sustainable manner," said Darmawan.

As an effort to maintain the quality of distribution, Bank Mandiri continues to prioritize the precautionary principle in the credit analysis process. As a result, Bank Mandiri's Non-Performing Loan (NPL) ratio is still in an improving and controlled trend.

Furthermore, in expanding access to banking services for MSME players, Bank Mandiri also continues to develop a digital ecosystem. Through the Livin' by Mandiri platform, Kopra by Mandiri, and Livin' Merchant, Bank Mandiri presents digital solutions that allow MSMEs to access financing, conduct business transactions, and manage finances more easily, effectively and efficiently.

In addition, the bank with the gold ribbon logo also maximizes the role of Mandiri Agents, financial service partners in various remote areas, to expand the reach of the KUR program and provide financial education to the community. This strategy is part of an effort to build a strong and independent growth foundation for MSMEs.

"With continued support and close collaboration with all stakeholders, we are optimistic that Bank Mandiri's KUR distribution will be more optimal, on target, and will make a real contribution to strengthening the national economy," concluded Darmawan.