Joss! Sustainable And Green Financing Bank Mandiri Reaches Rp306 Trillion

JAKARTA - PT Bank Mandiri (Persero) Tbk has succeeded in disbursing sustainable financing and green financing with a total of IDR 306.6 trillion until the close of the first quarter of 2022. This amount consists of green financing of IDR 209.8 trillion (24.9 percent of total Bank Mandiri loans) and IDR 96.8 trillion (11.5 percent of Bank Mandiri's total loans).

"We have consistently continued our commitment to maintain and improve the principles of sustainable finance that can contribute directly to the national financial industry," said Bank Mandiri President Director Darmawan Junaidi in a press statement on Wednesday, July 20.

According to Darmawan, the company's move is in line with the efforts of the government and global industry to encourage increased sustainable financing and the growing trend of the green economy.

"This directly has an impact on the demand for sustainable financing which also increases," he said.

Through various initiatives and support from the government, regulators, the financial sector, and all relevant stakeholders, Darmawan believes that the environmentally friendly economic sector can continue to trigger an increase in new investments such as renewable energy and its ecosystem.

"The main key to making this happen is collaboration from all parties, from the government, regulators, the financial industry, the community, and all relevant stakeholders, both nationally and globally," he said.

For information, in the first quarter of this year, the issuer-coded bank BMRI managed to reap a consolidated net profit of IDR 10.03 trillion, up 70 percent year on year (yoy).

This good business performance was supported by credit growth of 8.93 percent yoy to reach Rp. 1,072.9 trillion in the first quarter of 2022.