Jakarta, ThedailyID — Bank Mandiri posted a consolidated net profit of Rp30.4 trillion in the first half of 2026, supported by strong loan growth, improving operational efficiency, and continued expansion across key sectors of Indonesia’s economy.
The state-owned lender reported that its standalone loan portfolio reached Rp1,592 trillion as of June 2026, up 19.9% year-on-year, outperforming Indonesia’s banking industry, which recorded average loan growth of 12.7%, based on Bank Indonesia data.
Customer deposits also increased, with third-party funds rising 17.1% to Rp1,710 trillion, exceeding the industry’s 10.2% growth over the same period. The bank attributed the increase to higher customer activity across its financial ecosystem.
President Director Riduan said the bank continued to channel financing into strategic sectors, including government projects, infrastructure, energy, defense, and public services.
Loans to the government and state-owned enterprise ecosystem climbed 41.6% year-on-year to Rp489 trillion, while microbusiness financing grew 15.7% to Rp31.3 trillion, expanding access to funding for small businesses and productive communities.
Commercial Banking Director Totok Priyambodo said outstanding commercial loans reached Rp343 trillion, an increase of 15.1% from a year earlier. He added that financing remained focused on productive sectors such as plantations, downstream industries, transportation, logistics, and energy.
The bank’s revenue rose 10.3% year-on-year, while consolidated net profit increased 24.4% to Rp30.4 trillion during the first six months of the year. According to Totok, the earnings growth reflected healthy and sustainable credit expansion rather than short-term gains.
Bank Mandiri also reported improved operational efficiency. Its cost-to-income ratio (BOPO) fell to 57.6%, supported by wider adoption of digital banking services. By June, Livin’ by Mandiri had reached around 41 million registered users, while Kopra by Mandiri served approximately 354,000 business users, with 84% of them classified as micro, small, and medium-sized enterprises.
Asset quality remained solid, with the bank’s gross non-performing loan (NPL) ratio improving to 0.98% and its NPL coverage ratio standing at 242%. The bank said prudent risk management would remain central to supporting future business expansion.
Bank Mandiri also expanded its sustainable finance portfolio, which reached Rp327 trillion by the end of June. The portfolio included Rp173 trillion in green financing and Rp155 trillion in social financing, reinforcing the bank’s environmental, social, and governance (ESG) strategy.
