JAKARTA - PT Bank Mandiri (Persero) Tbk (BMRI) reported that as of November 2025, credit distribution grew by 13.1 percent year on year or year on year (yoy) to Rp. 1,452 trillion, surpassing the average credit growth in the industry.
English:
In addition, this growth was also supported by an increase in Third Party Funds (DPK) of 15.9 percent year-on-year to Rp. 1,584 trillion.
English:
Bank Mandiri's loan to deposit ratio (LDR) is also maintained optimally at around 91 percent, reflecting healthy liquidity and the capacity for financing expansion which is still open until the end of the year, in line with the management of increasingly stable funding structures.
English:
In line with the positive credit growth, Bank Mandiri's total assets (bank only) as of November 2025 also increased to reach Rp. 2,120 trillion or grew 14.6 percent year-on-year.
English:
Bank Mandiri's Finance and Strategy Director Novita Widya Anggraini said that the performance confirmed the company's resilience in the midst of global dynamics, including financial market volatility, liquidity normalization, and interest rate direction adjustments throughout 2025.
English:
He added that the consistency of the performance was the result of a growth strategy that was carried out in a disciplined and measurable manner.
English:
"Bank Mandiri maintains a balance between business expansion and strengthening fundamentals. Experience in facing various economic cycles is our foundation in strengthening risk management, capital, and operational readiness," he said in an official statement, Monday, December 15.
English:
Novita emphasized that the direction of business policy would continue to be directed to support sustainable national economic growth.
English:
"We see the prospects for the national economy to remain maintained as an opportunity to maintain solid performance. Our target is to maintain credit growth and third-party funds at a double-digit level until the end of 2025, with asset quality maintained," he explained.
English:
In terms of income, BMRI has consistently recorded stable performance with a maintained growth trend, namely interest income grew 9.5 percent year-on-year as of November 2025, and interest expense pressure showed a declining trend.
English:
The November 2025 interest burden was recorded at Rp3.6 trillion and has continued to decline since the second quarter, and on a quarterly or quarter on quarter (QoQ) basis, interest expenses fell 1.7 percent to the third quarter of 2025 and are expected to continue in the fourth quarter.
English:
According to Novita, this development reflects the increasingly conducive market liquidity conditions and the more efficient management of the funding structure as the competition for third-party funds has eased and the improvement is a positive signal for the sustainability of margins going forward.
English:
"Improving funding costs gives us room to maintain a balance between growth and profitability. Our focus remains on the quality of funding and prudent liquidity management," he said.
English:
In addition, the acceleration in performance is also reflected in non-interest income, namely as of November 2025, non-interest income grew 12.1 percent year-on-year, higher than the previous two months.
English:
He said this growth was mainly driven by an increase in digital transactions and the optimization of financial solutions based on customer needs.
English:
"The contribution of recurring digital transactions continues to increase and becomes the main driver of fee-based income, with growth of around 14 percent year-on-year, mainly supported by Livin' by Mandiri fees which grew by 19.8 percent year on year. On the other hand, treasury solutions recorded growth of around 55 percent year-on-year which was mainly driven by fees from increased trading and client services activities," he continued.
English:
In terms of efficiency, effective cost management also contributed to a decrease in operating expenses (OPEX) by 20.2 percent on a monthly basis (month on month/MoM).
English:
The cost to income ratio or Cost to Income Ratio (CIR) is also maintained at an optimal level of 42.97 percent, in line with the improvement in productivity in generating profits through an increase in Net Interest Income (NII) and Fee Based Income (FBI).
English:
The positive momentum is also reflected in the quality of assets, namely the Non Performing Loan (NPL) ratio of Bank Mandiri recorded 0.99 percent as of November 2025 and showed consistent improvement, supported by an adequate level of reserves with a coverage ratio of around 260 percent.
English:
In addition, the maintained asset quality has contributed to a 36 percent year-on-year decline in the provision coverage ratio, which directly provides room for strengthening profit performance.
English:
In line with these fundamental improvements, Bank Only Bank Mandiri's net profit in November 2025 was recorded to be able to grow 28.7 percent on a monthly basis (month on month/mom).
English:
Novita said this performance confirmed the company's profitability in the lead-up to the year-end, along with maintained liquidity and increasingly controlled cost pressures.
"With the fundamentals of the business maintained, we are optimistic that we can maintain a solid performance until the end of the year while preparing a healthy growth base for the next period through strengthening business and digitalization strategies, as well as liquidity, asset quality, and capital that are at adequate levels," Novita concluded.
English:
He emphasized that the company's focus going forward remains on long-term performance sustainability.
"Bank Mandiri's focus remains on the sustainability of long-term performance. With the business fundamentals maintained, we are optimistic that we can maintain a solid performance until the end of the year while preparing a healthy growth base for the next period through strengthening business and digitalization strategies, as well as liquidity, asset quality, and capital adequacy which are at an adequate level," concluded Novita.
The English, Chinese, Japanese, Arabic, and French versions are automatically generated by the AI. So there may still be inaccuracies in translating, please always see Indonesian as our main language. (system supported by DigitalSiber.id)
