The key points are temporarily unavailable. You can still read the full Story below.
Main Points
Bank Mandiri reported a consolidated net profit of Rp45.5 trillion for the first nine months of 2026, an increase of 20.7 percent year‑on‑year. The result was driven by credit expansion within the bank’s ecosystem, growth in digital transactions, and operational efficiencies that strengthened profitability. According to Novita Widya Anggraini, Director of Finance & Strategy, the bank’s credit disbursement reached Rp1.6058 trillion by September 2026, up 16 percent year‑on‑year. Deposits from third parties grew 17.7 percent to Rp1.7502 trillion, while total assets increased 20.1 percent to Rp2.4041 trillion. Revenue figures showed a 7.08 percent rise in interest income to Rp97.3 trillion and a 13.8 percent increase in non‑interest income to Rp29.4 trillion. Net interest income climbed 6.2 percent to Rp61.2 trillion. Operating costs fell 9.03 percent to Rp32.7 trillion, improving the cost‑to‑income ratio to 36.1 percent from 43 percent in the same period last year. “Revenue continues to grow alongside credit expansion and increased customer transactions. We also strengthen commission‑based income and operational efficiency to sustain profit growth,” Anggraini said during a financial performance briefing in Jakarta. Credit growth was concentrated across corporate, SME, and consumer segments. Corporate credit reached Rp700 trillion, up 22 percent year‑on‑year. Ecosystem‑derived credit, covering SMEs, micro‑businesses, and consumers, totaled Rp174 trillion, a 9 percent increase. Non‑subsidised microcredit amounted to Rp31.2 trillion, up 12.9 percent, with financing extended to 37 provinces. Digital initiatives also contributed to the results. Livin’ by Mandiri had 42.6 million registered users by September 2026. From January to September, the app recorded 4.18 billion transactions worth Rp3.863 trillion, growing 22 percent and 20 percent respectively year‑on‑year. The business platform Kopra by Mandiri had 406,000 registered users and generated Rp22.801 trillion in transactions, up 17 percent. Operations Director Timothy Utama noted that service transformation reduced customer complaints by 74 percent compared with July 2025, thanks to improvements across branches, service centers, and digital channels, including Livin’ Call, which allows free telephone connections to staff. The bullion business expanded investment gold services, offering gold savings, installment financing through KSM Emas, and physical gold withdrawals. Customers can purchase gold starting at 0.02 gram via Livin’ by Mandiri, with minimum purchase and sale amounts of 0.005 gram and 0.01 gram respectively. Physical gold can be withdrawn at 28 gold ATMs and 458 branches selected through the app. Asset quality remained strong, with the gross non‑performing loan ratio for bank‑only credit improving to 0.98 percent from 1.03 percent. The provisioning coverage ratio stood at 243 percent, and the cost of credit was 0.55 percent. Capital adequacy remained robust, with the bank‑only Common Equity Tier 1 ratio at 18.4 percent as of September 2026. Article source: Koran Jakarta | Image credit: Koran Jakarta
Bank Mandiri reported a consolidated net profit of Rp45.5 trillion for the first nine months of 2026, an increase of 20.7 percent year‑on‑year. The result was driven by credit expansion within the bank’s ecosystem, growth in digital transactions, and operational efficiencies that strengthened profitability. According to Novita Widya Anggraini, Director of Finance & Strategy, the bank’s credit disbursement reached Rp1.6058 trillion by September 2026, up 16 percent year‑on‑year. Deposits from third parties grew 17.7 percent to Rp1.7502 trillion, while total assets increased 20.1 percent to Rp2.4041 trillion. Revenue figures showed a 7.08 percent rise in interest income to Rp97.3 trillion and a 13.8 percent increase in non‑interest income to Rp29.4 trillion. Net interest income climbed 6.2 percent to Rp61.2 trillion. Operating costs fell 9.03 percent to Rp32.7 trillion, improving the cost‑to‑income ratio to 36.1 percent from 43 percent in the same period last year. “Revenue continues to grow alongside credit expansion and increased customer transactions. We also strengthen commission‑based income and operational efficiency to sustain profit growth,” Anggraini said during a financial performance briefing in Jakarta. Credit growth was concentrated across corporate, SME, and consumer segments. Corporate credit reached Rp700 trillion, up 22 percent year‑on‑year. Ecosystem‑derived credit, covering SMEs, micro‑businesses, and consumers, totaled Rp174 trillion, a 9 percent increase. Non‑subsidised microcredit amounted to Rp31.2 trillion, up 12.9 percent, with financing extended to 37 provinces. Digital initiatives also contributed to the results. Livin’ by Mandiri had 42.6 million registered users by September 2026. From January to September, the app recorded 4.18 billion transactions worth Rp3.863 trillion, growing 22 percent and 20 percent respectively year‑on‑year. The business platform Kopra by Mandiri had 406,000 registered users and generated Rp22.801 trillion in transactions, up 17 percent. Operations Director Timothy Utama noted that service transformation reduced customer complaints by 74 percent compared with July 2025, thanks to improvements across branches, service centers, and digital channels, including Livin’ Call, which allows free telephone connections to staff. The bullion business expanded investment gold services, offering gold savings, installment financing through KSM Emas, and physical gold withdrawals. Customers can purchase gold starting at 0.02 gram via Livin’ by Mandiri, with minimum purchase and sale amounts of 0.005 gram and 0.01 gram respectively. Physical gold can be withdrawn at 28 gold ATMs and 458 branches selected through the app. Asset quality remained strong, with the gross non‑performing loan ratio for bank‑only credit improving to 0.98 percent from 1.03 percent. The provisioning coverage ratio stood at 243 percent, and the cost of credit was 0.55 percent. Capital adequacy remained robust, with the bank‑only Common Equity Tier 1 ratio at 18.4 percent as of September 2026.
News Desk is the editorial publishing account for Tringlobe Media News, covering breaking news, public affairs, entertainment, community developments and regional stories across Trinidad and Tobago, the Caribbean and internationally.
