Bank Mandiri profit rises 19.6% to Rp46.5 trillion through October

Indonesia's Bank Mandiri reported Rp46.5 trillion in net profit through October, a 19.6% rise from the same period a year earlier.

Its loans grew 16.5% to Rp1,635 trillion, funding sectors including government, energy, logistics, metal processing, and food and drink.

The share of bad loans fell to 0.97%, from 1.02% in October 2025, while the bank said it maintained cautious lending.

Digital services Kopra for businesses and Livin' for retail customers saw more users and transactions.

Customer deposits rose 15.1% to Rp1,762 trillion, while recurring fee income from transactions climbed 19.8% to Rp17.2 trillion.

Bank Mandiri is also expanding services such as digital gold trading and food ordering through Livin', with its initial food service including more than 2,300 merchants, mostly small businesses.