Bank Mandiri is currently Indonesia's largest bank (both largest lender and depository). The bank was founded in late 1998 as a result of a government-led restructuring process of the country's banking industry. It was formed with the merger of four state-owned banks: Bank Bumi Daya, Bank Dagang Negara, Bank Exim and Bapindo. With assets of over US$60 billion, it is currently in Stage 2 of its transformation programme, an ambitious growth effort to become amongst the Top 5 ASEAN banks by 2014 by focusing on retail, corporate and commercial banking. It also has major subsidiaries that are involved in Islamic banking, investment banking, micro-banking and insurance.
| Website | http://www.bankmandiri.co.id/english/index.aspx |
| Headquarters |
Plaza Mandiri, Jl. Jend. Gatot, Subroto Kav. 36-38
12190 Jakarta
Indonesia
|
| CEO/chair |
Budi Gunadi Sadikin President Director |
| Supervisor | |
| Annual report | Annual Report 2014 |
| Ownership |
listed on Bursa Efek Indonesia
Bank Mandiri is primarily owned by the Indonesian Government who holds 59.6% of its shares as of May 27 2013. Other shareholders include Norges Bank Investment Management (1.7%), Lazard Asset Management LLC (1.6%) and the Vanguard Group (1.1%). Other than Indonesian shareholders, American investors own 6.6% of the bank, British investors 2.7%, Norwegian investors 1.7%, Hong Kong investors 1.4% and Singaporean investors 1.2%. |
| Complaints and grievances |
Bank Mandiri has no publicly available CSR policies.