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View all search resultsBank Mandiri has proven its resilience and adaptability in volatile market conditions amid global economic and financial uncertainty, distributing consolidated loans of Rp 1.435 quadrillion in the first quarter of 2024.
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.
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