PT Bank Mandiri Tbk or Bank Mandiri, headquartered in Jakarta, is the largest bank in Indonesia in terms of assets, loans and deposits. Total assets as of Q3 2012 were IDR 588.4 trillion. It also had a Capital Adequacy Ratio of 16.08%, Return on Asset of 3.45%, and Return on Equity of 22.18%. As of September 2012, Bank Mandiri was the largest bank in Indonesia by total assets. As of September 2012, the bank had 1,733 branches spread across three different time zones in Indonesia and six branches abroad, about 11,000 Automatic Teller Machines, and six principal subsidiaries: Bank Syariah Mandiri, Mandiri Sekuritas, Mandiri Tunas Finance, AXA Mandiri Financial Services, Bank Sinar Harapan Bali, and Mandiri AXA General Insurance.
History
Bank Mandiri is the result of the merger made by Indonesian Government from four older government-owned banks that failed in 1998. Those four banks were Bank Bumi Daya, Bank Dagang Negara, Bank Expor Impor, and Bank Pembangunan Indonesia. During the amalgamation and reorganisation, the government reduced the number of branches by 194 and the number of personnel from 26,600 to 17,620.
1951: Bank Industri Negara was established to finance priority sectors, such as plantations, industry and mining.
1959: The Indonesia government nationalised Nationale Handelsbank's operations in Indonesia and from them created Bank Umum Negara.
1960: The Indonesia government nationalised the Indonesian operations of two more Dutch banks. It used Nederlandsche Handel-Maatschappij's operations to create Bank Ekspor Impor Indonesia. Escomptobank became Bank Dagang Negara. The government also established the state-owned Bank Pembangunan Indonesia and merged BIN into it. Bapindo specialised in medium and long-term financing of manufacturing, tourism and transportation.
1964: The Indonesia government nationalised Chartered Bank's operations in Indonesia and merged them into Bank Umum Negara. Chartered Bank, a British overseas bank, had first entered Indonesia in 1863 when it opened an agency in Batavia.
1965: The Indonesia government brought Bank Umum Negara into the Bank Negara Indonesia group, renaming it Bank Negara Indonesia Unit IV. Similarly, Bank Ekspor Impor Indonesia became Bank Negara Indonesia Unit II.
1968: The Indonesian government again reorganised some banks. BNI IV became an independent bank with the name Bank Bumi Daya. The government split BNI II into two parts, with the BNI Unit II Export-Import Division becoming BankExim, which specialised in trade finance.
1986: Bapindo expanded into general commercial banking.
1999: The government merged Bank Bumi Daya, Bank Dagang Negara, Bank Ekspor Impor Indonesia and Bank Pembangunan Indonesia to create Bank Mandiri.
2004: The bank opened a branch in Dili, and a representative office in Shanghai.
Board of directors
President Director : Royke Tumilaar
Vice-President Director : Sulaiman Arif Arianto
Director Consumer & Retail Transaction : Hery Gunardi
Director Manajemen Risiko : Ahmad Siddik Badruddin
Director Teknologi Informasi : Rico Usthavia Frans
Director Corporate Banking : Alexandra Askandar
Director Treasury, International Banking, dan Special Asset Management : Darmawan Junaidi
Bank Mandiri Limited, located in London, UK. Subsidiary of PT Bank Mandiri Tbk.
Principal Subsidiaries
Bank Syariah Mandiri
Mandiri Sekuritas, at Capital Market Awards 2011, PT Mandiri Sekuritas got 3 awards from 9 awards
AXA Mandiri Financial Services
Bank Sinar Harapan Bali
Mandiri Tunas Finance
Mandiri Utama Finance
Mandiri AXA General Insurance
Asuransi Jiwa InHealth Indonesia
Awards
Based on mystery shopper method done by surveyor, in 2011 Bank Mandiri got average value 91.23 percent, a first time for a bank got more than 90 percent over 15 years survey. Bank Mandiri got Service Excellence Award for 4 times consecutives and got The Most Consistent Bank for 2 times.
Slogans
1998–2005: Bank Terpercaya Pilihan Anda
2003–2005: Satu Hati, Satu Negeri, Satu Bank
2005–2008: Melayani Dengan Hati, Menuju yang Terbaik
2008–present: Terdepan, Terpercaya, Tumbuh Bersama Anda
