PT Bank Mandiri (Persero) Tbk (BMRI) reported that credit realization in January 2026 grew 15.62 percent year on year (yoy) to Rp1,511.4 trillion.
The increase in credit distribution also contributed to the total asset growth to Rp2,191.9 trillion or an increase of 13.96 percent (yoy).
Bank Mandiri's Finance & Strategy Director Novita Widya Anggraini said the growth reaffirmed the company's commitment to channeling financing to the productive sector, including the MSME ecosystem and business actors in various regions.
He added that this step is in line with Bank Mandiri's role as a strategic partner of the government in strengthening the national economic structure.
"This growth is a manifestation of integrated synergy between business strategies, risk management, and ecosystem strengthening. We ensure that the growing acceleration continues to be carried out by prioritizing the principle of prudence so as to provide added value for the people's economy," said Novita in an official statement, Monday, February 23.
In addition, the funding structure also shows solid strengthening where the Third Party Fund (DPK) is only recorded at Rp1,635.5 trillion or grew 17.29 percent (yoy), in line with the strategy of optimizing funding and strengthening the customer base.
Meanwhile, the composition of the funds is dominated by cheap funds with a ratio of Current Account Saving Account (CASA) maintained at the level of 73 percent, thus supporting fund cost efficiency while strengthening the company's liquidity structure.
In terms of financial performance, net profit on a month-to-date (MTD) basis grew positively in double digits, driven by an increase in net interest income (NII) of 10.2 percent (yoy).
This performance was also supported by a decrease in fund costs or Cost of Fund (CoF) by 27 basis points compared to the previous month, so that the CoF position in January 2026 was maintained at 2.06 percent.
In the same period, commission-based revenue recorded solid growth as transaction activity increased in various business lines.
Bank Mandiri's recurring Fee Based Income (FBI) grew 16.1 percent (yoy), strengthening the increasingly balanced and sustainable income structure.
This growth also reflects an increase in productivity and cost management effectiveness in driving increasingly optimal financial performance, reflected by the improved Cost to Income Ratio (CIR) to 37.75 percent, down 3.44 percent compared to the previous month which was still above 40 percent.
This performance was supported by the acceleration of digital transactions through Livin’ by Mandiri which grew 49.3 percent (yoy), accompanied by an increase in Kopra by Mandiri activity of 27 percent (yoy).
In addition, treasury transactions also increased by 33 percent (yoy), in line with the strengthening of digital transaction services and comprehensive financial management solutions for customers.
Furthermore, Novita said that strengthening the digital ecosystem is part of the strategy to create sustainable advantages and expand financial inclusion through the integration of Livin' by Mandiri services for retail customers, Kopra by Mandiri for business actors and business people, and Livin' Merchant in supporting the digitization of UMKM transactions.
"Our acceleration of the digital ecosystem is aimed at providing comprehensive and integrated services for the community and customers. Through increasingly strong connectivity between segments, we want to ensure that every transaction and financing need can be met more easily, quickly, and relevant to the development of the national economy," added Novita.
Meanwhile, in terms of credit quality, the Cost of Credit (CoC) as of January 2026 also recorded a decrease of 21 (basis points/bps) (yoy) to 0.35 percent with a Non-Performing Loan (NPL) ratio remained stable at 0.97 percent or down 3 bps annually.
He added that this condition reflects the discipline of risk management as well as Bank Mandiri's selectivity in financing expansion.
As a strategic partner of the government and part of the Danantara ecosystem, Bank Mandiri continues to direct financing to priority sectors that have a direct impact on economic growth and empowerment of MSMEs.
Novita conveyed that through the strengthening of the corporate, retail, and digital ecosystems that are connected from upstream to downstream, this BMRI issuer-coded bank ensures that each business line supports each other to create broader added value.
"In the future, we will continue to strengthen collaboration with the government and various stakeholders to support the national development agenda. With solid fundamentals, maintained efficiency, and adaptive strategies, we are optimistic that we can maintain a healthy, inclusive, and sustainable growth momentum throughout 2026," he concluded.
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