Bank Mandiri's Credit Growth Nearly Doubles Industry Average in Q2 2026

PT Bank Mandiri (Persero) Tbk (BMRI) recorded solid intermediation performance throughout the second quarter of 2026, with credit growth far exceeding the national banking industry average. Bank Mandiri President Director Riduan stated that Indonesia’s macroeconomic conditions continue to show resilience amid global uncertainty. Domestic economic growth in Q2 2026 is projected to remain above 5% year-on-year (yoy), supported by increasingly strong government fiscal performance, with both state revenue and expenditure accelerating. “With these fundamentals, we hope the rupiah exchange rate can show a strengthening trend, thereby maintaining investor confidence,” said Riduan during the quarterly performance presentation held online on Thursday (23/7/2026).

In terms of the company’s performance, Bank Mandiri’s total credit was recorded at Rp1,592 trillion in Q2 2026, growing 19.9% yoy. This figure is nearly double the overall national banking industry’s credit growth rate. Riduan emphasised that the credit growth was directed towards real economic activities, particularly the productive and labour-intensive sectors. This is reflected in the significant growth of credit disbursement to the MSME segment, which far exceeded the national industry’s MSME credit growth rate. On the funding side, Bank Mandiri’s Third Party Funds (DPK) grew 17.1% yoy, also above the industry growth level. This aggressive business growth was balanced with disciplined asset quality management, reflected in a Non-Performing Loan (NPL) ratio of just 0.15%, well below the industry average. “This solid performance and fundamentals make us optimistic that Bank Mandiri can deliver a positive, healthy, and significant contribution to strengthening and driving the sustainable national economy,” said Riduan.

Riduan detailed the company’s credit distribution strategy, which is focused on three main ecosystems: The government and State-Owned Enterprises (SOEs) ecosystem, where credit grew 41.6% yoy, which according to Riduan directly impacts the improvement of public services in strategic sectors such as energy and food security, including productive financing programmes like Kredit Usaha Rakyat (KUR). The business ecosystem supporting the economy, where credit grew 17.7% yoy, with Bank Mandiri acting as a strategic partner for large Indonesian companies in strengthening competitiveness. The people’s MSME ecosystem, where credit grew 15.7% yoy, in line with the company’s commitment to driving real economic activity and equitable access to financing for small and medium enterprises. Riduan affirmed that with a combination of inclusive credit growth, maintained asset quality, and strong macroeconomic fundamental support, the banking industry, including Bank Mandiri as one of its main pillars, can continue to perform its intermediary function optimally to support the national economy.