Bank Mandiri
File:Mandiri.png | |
Company type | Public |
---|---|
IDX: BMRI | |
Industry | Financial services, banking |
Predecessor | Bank Bumi Daya Bank Dagang Negara Bank Ekspor Impor Bank Pembangunan Indonesia |
Founded | Jakarta, Indonesia (1998) |
Founder | Government of Indonesia |
Headquarters | Jakarta, Indonesia |
Key people | Budi Gunadi Sadikin, CEO |
Revenue | Rp 32,598 trillion (2010)[1] |
Rp 10,824,074.00 trillion (2010)[2] | |
Rp 18,2 trillion (2013)[1] | |
AUM | Rp 5,7 trillion (2010)[3] |
Total assets | Rp 670 trillion (2013)[3] |
Total equity | Rp 79,46 trillion (2013)[3] |
Subsidiaries | Bank Syariah Mandiri Mandiri Sekuritas AXA Mandiri Bank Sinar Harapan Bali Mandiri Tunas Finance Asuransi Jiwa InHealth Indonesia |
Website | www.bankmandiri.co.id |
Bank Mandiri, headquartered in Jakarta,[4] is the largest bank in Indonesia in term of assets, loans and deposits.[5] Total assets as of Q3 2012 were IDR 588.4 trillion (or USD 59.8 billion). It also has Capital Adequacy Ratio (CAR) of 16,08% (including market risk), Return on Asset (RoA) of 3.45%, and Return on Equity (RoE) of 22.18%. As of September 2012, Bank Mandiri is the first largest bank in Indonesia by total assets.
By September 2012, the bank had 1733 branches spread across three different time zones in the Indonesian archipelago and six branches abroad, about 11.000 Automatic Teller Machines (ATMs), 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 had failed in 1998. Those four banks were Bank Bumi Daya (BBD), Bank Dagang Negara (BDN), Bank Expor Impor (Exim), and Bank Pembangunan Indonesia (Bapindo). During the amalgamation and reorganization, the government reduced the number of branches by 194 and the number of personnel from 26,600 to 17,620.
- 1951: Bank Industri Negara (BIN) was established to finance priority sectors, such as plantations, industry and mining.
- 1959: The Indonesia government nationalized Nationale Handelsbank’s operations in Indonesia and from them created Bank Umum Negara.
- 1960: The Indonesia government nationalized 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 (Bapindo) and merged BIN into it. Bapindo specialized in medium and long-term financing of manufacturing, tourism and transportation.
- 1964: The Indonesia government nationalized 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 (BNI IV). Similarly, Bank Ekspor Impor Indonesia became Bank Negara Indonesia Unit II (BNI II).
- 1968: The Indonesian government again reorganized 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 specialized 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.[6]
- 2004: The bank opened a branch in Dili (East Timor), and a representative office in Shanghai (China).
Corporate Value
As part of Bank Mandiri culture program, Bank Mandiri established their culture value known as TIPCE that stands for:
- Trust
- Integrity
- Professionalism
- Customer Focus
- Excellence
Board of Directors
- President Director : Budi Gunadi Sadikin
- Vice President Director : Riswinandi
- Director : Abdul Rachman
- Director : Sentot A. Sentausa
- Director : Ogi Prastomiyono
- Director : Pahala N. Mansury
- Director : Fransisca N. Mok
- Director : Sunarso
- Director : Kresno Sediarsi
- Director : Royke Tumilaar
- Director : Hery Gunardi
Products
Consumer Banking
- Mandiri Savings:
- Mandiri Saving Account
- Mandiri Business Saving
- Mandiri Plan Saving
- Mandiri Hajj Saving
- Mandiri Foreign Currency Saving
- Mandiri Current Account
- Mandiri Current Account
- Mandiri Deposit
- Mandiri Deposit
- Mandiri Foreign Currency Deposit
- Mandiri Debit
- Mandiri Debit
- Mandiri Prepaid
- GazCard
- Indomaret Card
- E-toll Card
- Mandiri Credit Card
- Mandiri VISA
- Mandiri MasterCard
- Mandiri Feng Shui Card
- Mandiri Consumer Loan
- Mandiri KPR
- Mandiri KPR Multiguna
- Mandiri Personal Loan
- Mandiri Mitrakarya
- Mandiri Tunas KPM
- Mandiri Priority Services
- Mandiri Priority Services
- Merchant Relations Program
- Investment Products
- Mutual funds
- ORI & Sukuk Ritel
- Bancassurance
- Mandiri Investasi Sejahtera
- Mandiri Jiwa Sejahtera
- Mandiri Rencana Sejahtera
- Retail Brokerage Service
- Retail Brokerage
- Consumer Banking Treasury (CBT)
- Consumer Banking Treasury
International Subsidiaries
- Bank Mandiri Singapore Branch,[7] operate under offshore bank licence granted by Monetary Authority of Singapore[8]
- Bank Mandiri Hong Kong Branch[7]
- Bank Mandiri Cayman Islands Branch[7]
- Bank Mandiri Dili Branch[7]
- Bank Mandiri Shanghai Branch[7]
- Bank Mandiri (Europe) Limited,[7] located in London, UK. Subsidiary of PT Bank Mandiri (Persero) Tbk.
Principal Subsidiaries
- Bank Syariah Mandiri
- Mandiri Sekuritas, at Capital Market Awards 2011, PT Mandiri Sekuritas got 3 awards from 9 awards (Marketing Net, the Best Bond Emiten, and the Best Stock Exchange member)[9]
- AXA Mandiri Financial Services
- Bank Sinar Harapan Bali (BSHB)
- Mandiri Tunas 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.[10]
References
- ^ a b Fundamental Keuangan, data diakses 06 Januari 2011.
- ^ Pendapatan operasional
- ^ a b c Annual Balance Sheet
- ^ "Bank Mandiri Head Office Address." Bank Mandiri. Retrieved on September 30, 2012.
- ^ "Indonesia-Investments.com:Bank Mandiri company profile". March 25, 2014.
- ^ http://ir.bankmandiri.co.id/phoenix.zhtml?c=146157&p=irol-homeProfile
- ^ a b c d e f http://www.bankmandiri.co.id/english/article/intl-banking-jaringan-kantor-ln.asp
- ^ http://masnet.mas.gov.sg/fin/findir/SDWFIDIR.NSF/78552ab03c1d9c1c852562ec007cbe08/d9ecc31fec145387482565e9002adaca?OpenDocument
- ^ http://headlines.vivanews.com/news/read/232062-7-pelaku-pasar-modal-terbaik-di-indonesia
- ^ http://www.wartaekonomi.co.id/berita-162519403-bank-mandiri-cetak-rekor-predikat-best-bank-in-service-excellence.html