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PT Bank Mandiri Persero Tbk's estimated credit loss allowance (CKPN) in 2016 increased by 46.4 percent to Rp 32.62 trillion from Rp 22.28 trillion in the previous year. Meanwhile, the loans disbursed by this government-owned bank in 2016 increased by 10.86 percent to Rp 649.32 trillion from Rp 586.68 trillion in the previous year.
Bank Mandiri's CKPN ratio in 2016 rose to 3.1 percent compared to 2.61 percent in 2015. The bank's gross non-performing loan (NPL) ratio, with the stock exchange trading code BMRI, increased to 2.29 percent from 1.66 percent in 2015. Similarly, Bank Mandiri's net NPL ratio rose to 0.6 percent from 0.44 percent in 2015.
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
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