Bank Mandiri\u2019s performance in early 2026 is assessed as remaining\nsolid despite structural credit demand not fully recovering. Strong\ncredit growth and funding structure efficiency are the main factors\nsupporting the performance of the red-plate bank.<\/p>\n
Economist from LPEM FEB UI, Teuku Riefky, views Bank Mandiri\u2019s\ndouble-digit credit expansion as indicating the important role of large\nbanks in maintaining the momentum of national banking intermediation. Up\nto February 2026, Bank Mandiri\u2019s credit disbursements reached Rp1,513.1\ntrillion, or grew 15.7% year-on-year (YoY). This growth was accompanied\nby Third-Party Funds (DPK) mobilisation reaching Rp1,644.8 trillion, up\n16.3% YoY. This indicates that customer confidence remains intact.<\/p>\n
\u201cThis growth is largely driven by the expansion of large banks, while\noverall credit demand has not fully recovered structurally,\u201d Riefky\nstated.<\/p>\n
In addition to credit expansion, Bank Mandiri\u2019s performance is\nstrengthened by an efficient funding structure, reflected in the high\nratio of low-cost funds or current account saving account (CASA). On the\nother hand, the acceleration of digital services also serves as an\nadditional catalyst. Platforms such as Livin\u2019 and Kopra contribute to\nincreasing transaction volumes while strengthening commission-based\nincome (fee-based income).<\/p>\n
Bank Mandiri\u2019s Director of Finance & Strategy, Novita Widya\nAnggraini, revealed that up to February 2026, the company\u2019s net profit\ngrew 16.7% year-on-year to Rp8.9 trillion.<\/p>\n
\u201cThis growth aligns with the increasing digital transaction\nactivities of the public, particularly through Livin\u2019 by Mandiri, which\nalso drives fee-based income,\u201d she said.<\/p>\n
From the intermediation side, net interest income (NII) was recorded\nat Rp13.7 trillion, or up 9.16% YoY. This performance is supported by\nmaintained credit disbursements and increasing customer transaction\nactivities on digital channels.<\/p>\n
These transaction increases also strengthen the mobilisation of\nlow-cost funds based on transaction accounts, thus helping to suppress\ninterest expenses. Operational efficiency continues to improve,\nreflected in the cost-to-income ratio (CIR) dropping to 37.21%.<\/p>\n
Meanwhile, asset quality remains well-maintained with a\nnon-performing loan (NPL) ratio at 0.98%, and a strong coverage ratio of\n246.5%. This reflects the application of prudence principles in credit\ndisbursements and consistent risk management. With solid fundamentals,\nBank Mandiri is optimistic about maintaining growth momentum going\nforward through strengthened synergies across business lines.<\/p>\n
\u201cGoing forward, we will continue to strengthen integration across all\nlines to drive sustainable growth while enhancing the company\u2019s\ncompetitiveness,\u201d Novita emphasised.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/bank-mandiri-records-positive-performance-thanks-to-lending-and-low-cost-funds-1775649140", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }