Facilitate Trade Finance Transactions, Bank Mandiri Optimizes Digital Kopra Services
JAKARTA - PT Bank Mandiri (Persero) Tbk assesses that Indonesia's economic trend continues to improve as shown by the increase in public spending in the second quarter of 2022. In line with this, Bank Mandiri is known to be strengthening digital services to seize the opportunities that exist.
Bank Mandiri Director of Treasury and International Banking Panji Irawan said that his party is committed to providing the best banking facilities for wholesale business players.
"We have launched Kopra by Mandiri, a single access digital service that can become a center for information activities and financial transactions for the business ecosystem of business actors in the wholesale segment and end-to-end value chain," he said in an official statement, Friday, 24 June.
According to Panji, through Kopra customers can easily access Mandiri Global Trade (MGT) to carry out various transactions for their trade finance products.
"Kopra by Mandiri is here to provide solutions for business people and business actors in carrying out the buying and selling and export-import processes without having to use complicated procedures," he said.
Panji added, through this digital service, customers can issue and amend bank guarantees, letters of credit, standby letters of credit (SBLC), Domestic Documentary Credit Letters (SKBDN) to trade funding or trade finance online.
"We make sure that everyone can easily manage transaction information, to reports in an integrated, fast, safe and comfortable way on one platform," he said.
For information, Bank Mandiri is the market leader or market leader in the bank guarantee business with a market share as of December 2021 of 34.03 percent.
Meanwhile, the number of outstanding bank guarantees at Bank Mandiri as of the end of 2021 has reached Rp. 118.43 trillion, a growth of 10.50 percent from the previous year. This achievement is claimed by the entity with the code share of BMRI as the main bank providing bank guarantee services in Indonesia.
“The conveniences provided by Bank Mandiri for its bank guarantee products cannot be separated from the corporate mission to provide digital banking solutions. This is also a manifestation of the company's desire to become one of the leading digital banks in Indonesia with reliable and simple services," concluded Panji.