2023 State-Owned Enterprise (SOE) Asset Ranking: Bank Mandiri is the Largest

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Adi Ahdiat 13/03/2024 15:43 WIB

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At the end of 2023, Bank Mandiri held the largest assets among Indonesian state-owned banks, surpassing BRI, BNI, and BTN.

Total Assets of Indonesian State-Owned Banks (December 31, 2023)

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2023 State-Owned Enterprise (SOE) Asset Ranking: Bank Mandiri is the Largest

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Total Assets of Indonesian State-Owned Banks (December 31, 2023)

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Several Indonesian banks are state-owned enterprises (SOEs), namely Bank Mandiri, Bank Rakyat Indonesia (BRI), Bank Negara Indonesia (BNI), and Bank Tabungan Negara (BTN).

Of these four SOE banks, Bank Mandiri had the largest assets at the end of 2023.

As of December 31, 2023, Bank Mandiri recorded total assets of Rp2,174.22 trillion, a 9.1% increase compared to the end of 2022 (year-on-year/yoy).

BRI followed with total assets increasing by 5.3% (yoy) to Rp1,965.01 trillion.

BNI's total assets grew by 5.5% (yoy) to Rp1,086.66 trillion, and BTN's total assets increased by 9.1% (yoy) to Rp438.75 trillion.

Although the values vary, the assets of these SOE banks all showed positive growth in 2023.

Editor : Adi Ahdiat

"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."