Bank Mandiri Was formed on 2 October 1998, as part of the government of Indonesia’s bank restructuring program. In july 1999, four state-owned – Bank Bumi Daya, Bank Dagang Negara, Bank Exim and Bapindo – were amalgamated into Bank Mandiri. The history of these four banks can be traced back over 140 years, and together they encapsulate the development of the Indonesia banking sector.
Today, through the efforts of our more than 21.000 employees in 909 branches, with subsidiaries providing investment banking, syariah banking and bancassurance services, Bank Mandiri offers a comprehensive range of financial solutions to both private and State-owned corporate entities, commercial, small and micro businesses as well as retail consumers.
The government of the Republic of Indonesia divested 20% of its shareholding in Bank Mandiri through an IPO on July 2003. On 11 March 2004, the government of the Republic of Indonesia divested an additional 10 % of its shareholding in Bank Mandiri through a secondary offering.
Bank Mandiri is Indonesia’s largest bank in terms of assets, loans and deposits. As of 31 December 2005, our total assets of Rp.254,3 trillion (US$ 25,9 billion) accounted for an 18,0% share of total assets of Indonesian banking system. Customer deposits of Rp.199,0 trillion represent at 17,6% national share of total deposits, with our national share savings deposits at 16,0% and our national share of time deposits at 19,1%. In 2005, our funding grew by 5,8% while loan growth was 13,3%. Bank Mandiri is well capitalized, with a capital Adequacy Ratio (CAR) of 23,7% at the end of 2005, several times the 8% minimum required by Bank Indonesia
sumber : http://www.bankmandiri.co.id/english/corporate01/about_profile.asp?row=26
Today, through the efforts of our more than 21.000 employees in 909 branches, with subsidiaries providing investment banking, syariah banking and bancassurance services, Bank Mandiri offers a comprehensive range of financial solutions to both private and State-owned corporate entities, commercial, small and micro businesses as well as retail consumers.
The government of the Republic of Indonesia divested 20% of its shareholding in Bank Mandiri through an IPO on July 2003. On 11 March 2004, the government of the Republic of Indonesia divested an additional 10 % of its shareholding in Bank Mandiri through a secondary offering.
Bank Mandiri is Indonesia’s largest bank in terms of assets, loans and deposits. As of 31 December 2005, our total assets of Rp.254,3 trillion (US$ 25,9 billion) accounted for an 18,0% share of total assets of Indonesian banking system. Customer deposits of Rp.199,0 trillion represent at 17,6% national share of total deposits, with our national share savings deposits at 16,0% and our national share of time deposits at 19,1%. In 2005, our funding grew by 5,8% while loan growth was 13,3%. Bank Mandiri is well capitalized, with a capital Adequacy Ratio (CAR) of 23,7% at the end of 2005, several times the 8% minimum required by Bank Indonesia
sumber : http://www.bankmandiri.co.id/english/corporate01/about_profile.asp?row=26
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