Bank Mandiri is accelerating financial inclusion and literacy in Indonesia through strategic collaborations and financial ecosystem development as reported by Kompas.com. In its latest move, Bank Mandiri has partnered with PT Sucor Sekuritas and PT Sucor Asset Management (Sucor AM) to expand access to high-quality investment products while deepening the nation’s capital market ecosystem.

As part of this collaboration, Sucor Sekuritas introduced the Rekening Dana Nasabah (RDN) feature, integrated via an API with Bank Mandiri. Additionally, Sucor Sekuritas launched the E-IPO feature within the SPOT app, streamlining investor participation in initial public offerings (IPOs) and improving transactional efficiency in the capital market.

Bank Mandiri is also designated as an Agen Penjual Efek Reksa Dana (APERD), offering Sucorinvest Sharia Money Market Fund (SSMMF) through its Livin’ Super app. This digital integration allows users to access sharia-compliant money market funds with ease.

“This collaboration represents a significant step in delivering innovative financial solutions for the public,” said Evi Dempowati, Senior Vice President of Retail Deposit Product & Solution at Bank Mandiri.

CEO of Sucor Sekuritas, Bernadus Wijaya, emphasized that the RDN feature simplifies investor activities, supporting broader financial inclusion. “We believe this collaboration will have a significant positive impact on the growth of the financial sector and enhance the competitiveness of Indonesia’s capital markets globally,” he added.

The results are already evident. By the end of December 2024, Bank Mandiri had partnered with 73 securities companies, with over 700,000 RDN accounts—a 64% year-on-year growth. Meanwhile, SSMMF saw an enthusiastic reception, attracting over 4,000 investors within two weeks of its launch on the Livin’ platform and achieving transactions worth IDR 21.6 trillion.

“SSMMF is designed to meet the needs of increasingly discerning and critical investors seeking sharia-compliant products,” said Jemmy Paul Wawointana, President Director of Sucor AM. “With Livin’s digital platform, we believe this product will have a positive impact on the financial industry and capital markets in Indonesia.”

Bank Mandiri, Sucor Sekuritas, and Sucor AM remain committed to continuous financial literacy education programs, empowering Indonesians to understand investment opportunities and financial management better.

PHOTO: SUCORINVEST

This article was created with AI assistance.