RETAIL BANKING | Cesar Tordesillas, Indonesia

Mandiri wants bigger role in ASEAN market

Bank Mandiri will continue to make innovations in business development to become one of Southeast Asia's major banks.


This was shared by Abdul Rachman, director of institutional banking of Bank Mandiri, who added that this is in in line with its efforts to offer great services to both its domestic and overseas customers.

“We’ll continue making preparations ahead of the creation of the ASEAN Economic Community in 2015. In case we feel it will be feasible to open a new branch overseas, we will do it,” he said.

Abdul explained that through the creation of the ASEAN Economic Community, there will be facilities for both Indonesian business people to do business in the ASEAN region and also business people from ASEAN to do business in Indonesia.

Bank Mandiri, which recorded total assets of up to Rp 547 trillion or US$57.98 billion in the first quarter of 2012, has now operated in a number of countries, including Singapore, Malaysia, Hong Kong, China, Cayman Islands, Timor Leste and Britain.

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