In 2023 Full Of Uncertainty, Bank Mandiri Retains Stable Performance Optimistic

JAKARTA - PT Bank Mandiri (Persero) Tbk is optimistic that the company's performance will remain stable in 2023 even in the midst of global risks and uncertainties, as well as normalization of domestic policies.

"This optimism is in line with the various initiatives and infrastructure capital that we have. In 2022 Bank Mandiri's performance will also continue to improve," said Bank Mandiri Treasury & International Banking Director Panji Irawan at the Media Gathering and Presentation of Macroeconomic Outlook online quoted by Antara, Tuesday, October 4.

He mentioned that one of the initiatives owned by Bank Mandiri is to continue digital transformation by increasing wholesale or retail transactions through the expansion of the digital ecosystem.

These steps are carried out, among others, by maximizing Livin' by Mandiri digital services for retail customers and Kopra by Mandiri for wholesale customers.

Meanwhile, said Panji, the infrastructure capital owned by banks with gold ribbon logos is, among other things, financial performance that incised very good results in the second quarter of 2022, namely total assets grew 13 percent when compared to the same period last year (year-on-year/yoy) with maintained quality.

The increase was of course followed by an increase in lending which grew 12.2 percent (yoy). The company's Third Party Fund (DPK) also increased significantly by 12.8 percent (yoy) or higher than the average banking industry of 9.1 percent (yoy).

He explained that entering the third quarter of this year, global challenges seemed to be getting bigger which included the world's economic and geopolitical turmoil which had an impact on stagflation expectations on developed countries.

This condition has also made several developed countries such as the United States (US) issue contractive policies by encouraging the strengthening of the US dollar against the world's exchange rate.

"However, what is interesting is that the weakening of the deepest exchange rate is actually faced by developed countries compared to developing countries, including Indonesia," he said.