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View all search resultsbank-mandiri
Companies 2 years ago
PREMIUM
Major local banks maintain loan growth targets despite BI rate hike
Bank Indonesia’s (BI) unexpected decision to raise its benchmark rate has raised concerns that banks will struggle to meet loan growth targets set for this year, but major players and analysts say the industry could still pull through given its ample liquidity to maintain lending expansion.
Companies 2 years ago
PREMIUM
Bank Mandiri books 12% Q1 loan growth
The total value of loans granted by state-owned lender Bank Mandiri in the first quarter of this year grew 12.36 percent from the same period the year before to some Rp 1.2 quadrillion (US$80.85 billion), well on track to meet the bank’s annual loan growth target of between 10 and 12 percent.
