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Bank Mandiri was established on 2 October 1998, as part of the bank restructuring program of the Government of Indonesia.
TRIUMPH OF CELEBRATION
In July 1999, four state-owned banks - Bank Bumi Daya, Bank Dagang Negara, Bank Exim and Bapindo were amalgamated into Bank Mandiri. The history of these four banks can be traced back to over 140 years, and together they had contributed to the beginning of the Indonesian banking sector.
Bank Mandiri's total assets have reached Rp 551.9 trillion (equivalent to USD 60.86 billion), a growth of 15.6% (CAGR); making them the largest bank in Indonesia. Their loans also grew by 22% (CAGR) to Rp 314.4 trillion (equivalent to USD 34.67 billion) Besides being the nation's largest lender, Bank Mandiri is also the largest depository in the country.
The Group encourages a culture of cross-selling and optimizing business integration in all segments, including with subsidiaries, by provision of up-to-date, effective, efficient, and transparent information to investors regarding the financials and stock performance of Bank Mandiri.
Good Corporate Governance is the principles applied by the company to maximize the value of the company, improve the performance and contribution of the company, as well as maintaining the company's long-term sustainability.
The principal focus of the Bank Mandiri CSR program is to help improve community welfare. Through the implementation of a sustainable CSR program, Bank Mandiri wants to simultaneously achieve business success and improve the welfare of the Indonesian people.
• The Group has a magazine about investment opportunities, special events, product explanations, and other information that is published periodically.
• Bank Mandiri was rolled out throughout the national network and across all of advertising and promotional activities.