'Towards The Future', Bank Mandiri Orbits Contribution To The Country On Its 25th Anniversary

JAKARTA - Celebrating the 25th Anniversary (HUT) which falls on October 2, 2023. Bank Mandiri reiterated its position as the largest bank with the consistency of service innovation and overall business transformation. This anniversary is also a momentum for Bank Mandiri to continue its vision to become the main financial partner of choice for customers.

Bank Mandiri President Director Darmawan Junaidi said that this 25th anniversary celebration carried the theme 'Towards the Future', which is a reflection of Bank Mandiri's long journey to continue to provide service innovations and products that are able to be a solution to people's financial needs.

"From the start, Bank Mandiri has continued to strive to become a major player in the financial industry. This 25th anniversary is a moment for Bank Mandiri and Mandrian to continue the transformation, continue to progress and grow stronger in providing the best service for the community and customers," he said in Jakarta, Monday 2 October.

Darmawan added that Bank Mandiri, the theme of the 25th Anniversary, also interpreted Bank Mandiri's enthusiasm to continue to move forward, transform through sustainable innovation and grow faster towards the future by prioritizing the characteristics of 'Always Deliver, Always Ahead'.

In addition, to realize comprehensive services, the bank with the gold ribbon logo also continues to sharpen the synergy of its subsidiaries to create an integrated Mandiri Group business ecosystem.

"The momentum of Bank Mandiri's 25th Anniversary also strengthens the company's value today and the next ten years. The main goal is business transformation so that Bank Mandiri can continue to provide more value for customers in all segments and have a positive impact on the community's economy," he explained.

As a bank with core power in the wholesale business, Bank Mandiri continued, Darmawan will focus on intensifying the growth of the customer's ecosystem-based value chain business. Not to forget, the regional potential and synergy of subsidiaries will be competitive advantages to provide the best and thermodern services, as well as encourage consistent and sustainable business growth.

"In 2023, Bank Mandiri will have a focus on meeting the needs of the community. By prioritizing the function of the company as a development agent and agents of change that can contribute to Indonesia's progress," he explained.

This consistency was realized through solid performance. As of the end of August 2023, Bank Mandiri on a bank only basis managed to record credit of IDR 996.86 trillion or grew 12.34 percent year on year (YoY), higher than industrial credit growth of 8.9 percent YoY in the same period.

The credit growth is also in line with the rate of third party funds (DPK) as of August 2023 which reached Rp1,137.92 trillion on a bank only basis, growing 9.76 percent YoY. This achievement was driven by an increase in low-cost funds in bank only which reached 14.44 percent YoY with a composition of low-cost funds or current accounts and savings accounts (CASA) reaching 78.49 percent, the highest since Bank Mandiri was founded.

"This achievement shows the result of Bank Mandiri's commitment to continue to expand services to the community and customers. This also shows the level of public trust in Bank Mandiri which is getting better from time to time," added Darmawan.

Bank Mandiri's low-cost fund growth is also inseparable from the presence of two digital services of Bank Mandiri, namely the Livin' by Mandiri super app which presents solutions for various transactions and lifestyles of customers and the Kopra by Mandiri super platform which provides business solutions from upstream to downstream.

"As a public company that prioritizes customer needs, Bank Mandiri is committed to continuing to provide leading services, providing the best performance, and meeting various people's financial needs," he concluded.

For 25 years, Bank Mandiri has consistently contributed to the Indonesian people. Bank Mandiri's commitment to continue to provide the best service and performance received appreciation from various parties, including LinkedIn Top Companies 2023 as the Best Workplace to Develop Careers in Indonesia, Forbes World's Best Bank 2023 as BUMN Bank Number 1 in Indonesia, and AIBP Innovation Awards 2023 from the ASEAN Innovation Business Platform.

"In this celebration of the 25th Anniversary, Bank Mandiri wants to affirm its commitment to providing excellent service to customers by carrying the campaign The First Banking Application to Rise Into the Space which means optimizing digital-based banking services as a whole to customers so that they can be accessed easily and quickly, by anyone, anytime and anywhere, even in other parts of the world," said Darmawan.