Bank Mandiri (IDX: BMRI), headquartered in Jakarta, is the largest bank in Indonesia in term of assets, loans and deposits. Total assets as of Q2 2010 were IDR 402.1 trillion (or USD 46.4 billion). It also has Capital Adequacy Ratio (CAR) of 23% (including market risk), Return on Asset (RoA) of 0.71%, and Return on Equity (RoE) of 7.38%. As of September 2011, Bank Mandiri is the first largest bank in Indonesia by total assets.
By March 2012, the bank had 1544 branches spread across three different time zones in the Indonesian archipelago and six branches abroad, about 8996 Automatic Teller Machines (ATMs), and six principal subsidiaries: Bank Syariah Mandiri, Mandiri Sekuritas, Mandiri Tunas Finance, AXA Mandiri Financial Services, Bank Sinar Harapan Bali, and Mandiri AXA General Insurance.
Read more about Bank Mandiri: History, Corporate Value, Board of Directors, International Subsidiaries, Principal Subsidiaries, Awards
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“A man’s labour is not only his capital but his life. When it passes it returns never more. To utilise it, to prevent its wasteful squandering, to enable the poor man to bank it up for use hereafter, this surely is one of the most urgent tasks before civilisation.”
—William Booth (1829–1912)