Bank Mandiri recorded solid intermediation performance toward the end of 2025, supported by strong credit growth and rising public deposits amid stabilizing domestic liquidity conditions (28/12). This development occurred as Indonesia’s broad money supply (M2) grew 8.3 percent year-on-year as of November 2025, based on Bank Indonesia data.

The increase in liquidity was driven by accelerating bank credit distribution and higher public funds within the domestic financial system. These conditions provided room for banks to maintain measured growth approaching the close of the 2025 financial year.

Credit Distribution Exceeds Industry Average

Based on Bank Mandiri’s bank-only financial report as of November 2025, total credit distribution grew 13.1 percent year-on-year to Rp1,452 trillion. This performance exceeded the industry average for the same period.

The credit expansion reflected the effectiveness of Bank Mandiri’s disciplined and measured growth strategy. The achievement also reinforced the bank’s role as a strategic partner of the government.

Third-Party Funds and Assets Continue to Rise

Credit growth was accompanied by stronger third-party funds (DPK), which increased 15.9 percent year-on-year to Rp1,584 trillion as of November 2025. This growth supported the bank’s overall liquidity position.

At the same time, Bank Mandiri’s total assets (bank-only) rose 14.6 percent year-on-year to Rp2,120 trillion. The increase demonstrated the resilience of the bank’s business model amid global financial market volatility, liquidity normalization, and interest rate adjustments throughout 2025.

Management Highlights Balanced Growth Strategy

Director of Finance and Strategy at Bank Mandiri, Novita Widya Anggraini, said the consistent performance resulted from a disciplined growth approach. “Bank Mandiri maintains a balance between business expansion and strengthening fundamentals. Experience in navigating various economic cycles has become our foundation in reinforcing risk management, capital, and operational readiness,” she said in an official statement.

She emphasized that the bank’s business direction remains focused on supporting sustainable national economic growth. “We see stable national economic prospects as an opportunity to maintain solid performance. Our target is to keep credit and third-party fund growth at double-digit levels until the end of 2025, while maintaining asset quality,” Novita explained.

Asset Quality Remains Strong with Lower Provisioning Costs

Bank Mandiri’s asset quality showed continued improvement, with the Non-Performing Loan (NPL) ratio recorded at 0.99 percent as of November 2025. The improvement was supported by a coverage ratio of around 260 percent.

Well-maintained asset quality led to a 36 percent year-on-year decline in provisioning expenses, creating additional room for sustainable performance. Novita stated, “Bank Mandiri’s focus remains on long-term performance sustainability. With strong business fundamentals, we are optimistic about maintaining solid performance through year-end while preparing a healthy growth base for the next period through strengthened business strategy and digitalization, as well as adequate liquidity, asset quality, and capital.”

PHOTO: SHUTTERSTOCK

This article was created with AI assistance.