Indonesia's Bank Mandiri to Channel Rp55 Trillion Government Funds to MSMEs

September 19, 2025 | 04:41 pm

TEMPO.CO, Jakarta - PT Bank Mandiri Tbk (BMRI) announced plans to distribute Rp55 trillion in government funding to priority sectors, with a strong focus on micro, small, and medium enterprises (MSMEs).

The initiative is part of the Indonesian Finance Ministry’s allocation of Rp200 trillion across five state-owned banks to strengthen liquidity and boost credit disbursement.

“This fund placement enhances Bank Mandiri’s liquidity and financing capacity, allowing us to increase lending to the government’s priority sectors, particularly MSMEs and other productive industries,” said Bank Mandiri Corporate Banking Director Mochamad Rizaldi during the company’s second-quarter performance presentation on Friday, September 19, 2025.

As of June 2025, Bank Mandiri had already distributed financing across three government priority programs. These included Rp23.9 trillion for the People’s Business Credit program, Rp773.9 billion for the Three Million Homes Program, and around 1,500 virtual accounts for partners of the National Nutrition Agency’s free meal initiative.

Rizaldi stressed that the financing is directed toward sectors that generate employment and improve competitiveness. He added that Bank Mandiri continues to maintain credit growth above the industry average.

“This policy aligns with our commitment to accelerate the intermediation function and preserve financial system stability,” he said.

In the first half of 2025, Bank Mandiri disbursed a total of Rp1,701 trillion in loans and collected Rp1,829 trillion in third-party funds, reflecting an annual growth of 10.7 percent.

The bank reported a net income of Rp24.5 trillion during the period, down 7.7 percent from Rp26.5 trillion a year earlier.

Despite the decline, Bank Mandiri’s assets rose from Rp2,427.2 trillion to Rp2,514.6 trillion by June 2025, driven by an 11 percent increase in credit distribution, well above the industry average.

Bank Mandiri Finance and Strategy Director Novita Widya Anggraini noted that management is committed to maintaining liquidity at healthy levels.

“We will sustain strong liquidity by pushing third-party fund growth above the industry average,” she said.

The financial report showed net interest and sharia income climbing to Rp52.3 trillion, compared to Rp49 trillion in the same period last year.

Meanwhile, liabilities increased from Rp2,143.4 trillion to Rp2,247.8 trillion, while total equity rose to Rp2,514.6 trillion. The bank’s net income per share, however, declined from Rp284.47 to Rp262.02 in June 2025.

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