Strengthening the People's Economy: Bank Mandiri's Credit Disbursement Grows 15.62 Per Cent in January 2026

Jakarta, VIVA – Bank Mandiri once again recorded solid performance at the start of 2026. According to its monthly financial report (bank only) for January 2026, the company’s credit disbursement grew 15.62 per cent year-on-year (YoY) to Rp1,511.4 trillion.

This achievement reinforces its role as a strategic government partner in strengthening the people’s economy and driving national economic growth. The increase in credit disbursement also propelled total asset growth to Rp2,191.9 trillion, up 13.96 per cent YoY, reflecting business expansion that has maintained its quality alongside the strengthening of intermediation functions at the start of the year.

Bank Mandiri’s Director of Finance and Strategy, Novita Widya Anggraini, said the growth reaffirms the company’s commitment to channelling financing to productive sectors, including the MSME ecosystem and business operators across various regions. This step is in line with Bank Mandiri’s role as a strategic government partner in strengthening the national economic structure.

“This growth is a manifestation of integrated synergy between business strategy, risk management, and ecosystem strengthening. We ensure that accelerating growth continues to proceed by prioritising prudential principles, thereby providing added value to the people’s economy,” said Novita in an official statement on Monday (23/2).

In addition, the funding structure also demonstrated solid strengthening. Third-party funds (DPK) on a bank-only basis were recorded at Rp1,635.5 trillion, growing 17.29 per cent YoY, in line with the strategy to optimise funding and strengthen the customer base. The composition of these funds was dominated by low-cost funds, with the Current Account Savings Account (CASA) ratio maintained at 73 per cent, thereby supporting cost-of-funds efficiency whilst strengthening the company’s liquidity structure.

In terms of financial performance, net profit on a month-to-date (MTD) basis grew at a positive double-digit rate, driven by a 10.2 per cent YoY increase in net interest income (NII). This performance was further supported by a 27-basis-point decline in the cost of funds (CoF) compared to the previous month, bringing the CoF position in January 2026 to 2.06 per cent.

During the same period, commission-based income recorded solid growth in tandem with increasing transaction activity across various business lines. Bank Mandiri’s recurring fee-based income (FBI) grew 16.1 per cent YoY, strengthening an increasingly balanced and sustainable revenue structure. This growth also reflects improved productivity and cost management effectiveness in driving increasingly optimal financial performance, as evidenced by the cost-to-income ratio (CIR) improving to 37.75 per cent, down 3.44 per cent compared to the previous month, which was still above 40 per cent.