About

Bank Mandiri is the second largest asset in the country, holds a dominant position in the Islamic banking sector of Indonesia. Its main shareholder is the government. The company was created through the merger of four structures within the framework of the state restructuring program in 1998, the oldest of its predecessors - Bank Industri Negara, which existed since 1951.

Mandiri provides a full range of services for investment and asset management, has a huge impact on the government bond market, serves millions of customers. Having set a goal to become one of the prominent players of Southeast Asia, the sovereign creditor strives for a wide use of electronic money. The financial institution has a branch in London, money transfer offices in Hong Kong and Malaysia, international clients are serviced in Shanghai, Timor-Leste and the Cayman Islands. The Singapore unit operates under a license for offshore banking, granted on July 31, 1999.

Assets

In 2017, a state-controlled creditor announced a net profit of Rs. 9.5 trillion (US $ 713.4 million) in six months. Market capitalisation of the company - 370.76 trillion rupees (2.69 trillion US dollars).

Network in the country

PT Bank Mandiri (Persero) Tbk today is 1368 branches and 687 micro-banks, many of them are located directly in resort hotels. Online business platform was launched to accelerate the growth of entrepreneurship in Indonesia. When you withdraw money in one of the 11514 ATMs that have a corporate blue logo, no commission is charged. Installing the e-money info app on Android, you can get information about all the nearest points of service. To open an account, foreigners will need a passport, a temporary residence permit (KIMS/KITAS), which is issued for 6-12 months, or a residence permit (KITAP), the procedure can take from one to five days.