Jakarta, ThedailyID — PT Bank Mandiri (Persero) Tbk said Indonesia’s economy remains resilient despite ongoing global geopolitical tensions. The bank highlighted strong policy coordination as a key factor supporting future growth.
Indonesia’s gross domestic product grew 5.61 percent in the first quarter of 2026. The figure increased from 5.4 percent in the previous quarter. Household consumption rose 5.52 percent year-on-year, while government spending accelerated 21.8 percent.
The growth was supported by national priority programs, including free nutritious meals, village cooperatives, and public school development projects.
Director of Treasury & International Banking at PT Bank Mandiri (Persero) Tbk, Ari Rizaldi, said fiscal and monetary policy synergy will remain crucial going forward.
“Global challenges will continue. However, every challenge also creates opportunities when supported by the right strategy,” Ari said during the Mandiri Macro and Market Brief 2Q26 in Jakarta on Monday.
According to him, coordination between the government, Bank Indonesia, and the Financial Services Authority has helped maintain economic stability.
At the same time, conflict between the United States and Iran pushed oil prices above US$100 per barrel. The situation also increased volatility in global financial markets.
Bank Indonesia continued implementing policy measures, including currency interventions, to stabilize the rupiah. The rupiah has weakened 3.9 percent throughout 2026.
Meanwhile, Indonesia’s banking sector continued showing strong intermediation performance. Industry credit grew 9.49 percent year-on-year in March 2026. Non-performing loans also remained controlled at 2.14 percent.
Third-party funds increased 13.55 percent year-on-year. In addition, the industry’s loan-to-deposit ratio stood at 84.63 percent, reflecting sufficient liquidity conditions.
PT Bank Mandiri (Persero) Tbk recorded growth above the industry average. Bank-only loans reached Rp1,530 trillion in March 2026, growing 17.4 percent year-on-year.
Meanwhile, third-party funds climbed to Rp1,675 trillion, up 21.1 percent year-on-year. CASA funds also reached Rp1,201 trillion, increasing 12.7 percent.
The bank posted consolidated net profit of Rp15.4 trillion, growing 16.6 percent year-on-year. Return on equity reached 22.1 percent, while the capital adequacy ratio stood at 19.7 percent.
Ari said Bank Mandiri remains optimistic about maintaining solid performance throughout 2026. Therefore, the bank plans to continue executing disciplined and measured business strategies.
In addition, the company continues strengthening its role as a strategic government partner. Bank Mandiri distributed Rp11 trillion in People’s Business Credit (KUR) during the first quarter of 2026. The financing reached more than 87,000 MSMEs across productive sectors.
The bank also supported around 6,000 nutrition service units under the Free Nutritious Meals program through virtual account services. Moreover, the company financed around 2,300 housing units under the government’s Three Million Homes program.
