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Bank Mandiri Holds the Largest Total Assets in Indonesia, Surpassing BRI

Cindy Mutia Annur 28/06/2021 18:20 WIB

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Bank Mandiri had the largest asset value among national banks in the first quarter of 2021.

Asset Value of 6 Conventional Banks (Quarter I 2021)

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Bank Mandiri Holds the Largest Total Assets in Indonesia, Surpassing BRI

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Asset Value of 6 Conventional Banks (Quarter I 2021)

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Bank Mandiri is now the largest bank in Indonesia by total assets. Bank Mandiri surpassed Bank Rakyat Indonesia (BRI)'s total assets, pushing BRI to second place.

Bank Mandiri's assets reached Rp1,584 trillion in the first quarter of 2021, a 10.8% increase compared to the previous quarter.

Meanwhile, Bank BRI recorded assets of Rp1,411 trillion, a 6.6% decrease compared to the previous quarter.

Bank BCA holds the third position with assets of Rp1,090 trillion. Bank BNI and BTN follow with Rp862 trillion and Rp375 trillion respectively.

Three state-owned enterprises (SOEs) have agreed to restructure Garuda Indonesia's debt. According to the company's Q3 2020 financial report, Garuda has Rp10 trillion in bank debt to affiliated parties, namely state-owned banks.

Editor : Annissa Mutia

"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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Bank Mandiri Holds the Largest Total Assets in Indonesia, Surpassing BRI

Bank Mandiri Holds the Largest Total Assets in Indonesia, Surpassing BRI

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Bank Mandiri Holds the Largest Total Assets in Indonesia, Surpassing BRI

Bank Mandiri Holds the Largest Total Assets in Indonesia, Surpassing BRI

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