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View all search resultsThe 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.
State-owned publicly listed Bank Mandiri has noted further improvements in the banking sector, prompting the bank to expect loan and deposit growth to exceed its own latest forecast at 3 and 8 percent, respectively
Established banks have pledged to maintain strong digital security systems and encouraged consumers to take precautions against cyberthreats, but the passage of the stalled bill is deemed crucial, as personal information is increasingly shared in the industry.
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