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View all search resultsBank Mandiri announces change to business plan
Bank Mandiri plans to change its 2013 business plan (RBB) to follow up the hike of the subsidized-fuel price rate
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Bank Mandiri plans to change its 2013 business plan (RBB) to follow up the hike of the subsidized-fuel price rate.
"The change to the plan has not been submitted to Bank Indonesia yet because we are still waiting [for the fuel price hike announcement]," Bank Mandiri President Director Budi Gunadi Sadikin said as quoted by kontan.co.id on Wednesday.
Budi said that the hike would surely affect the bank's growth and third party funds (DPK) targets.
In its initial plan, the bank aims for credit to grow between 20 and 22 percent with DPK between 15 and 17 percent.
