Bank Mandiri is Ready to Distribute Infrastructure Loans

By : Abraham Sihombing And Aldo Bella Putra | Sunday, October 15 2017 - 19:00 IWST

Bank Mandiri (Metrotvnews.com)
Bank Mandiri (Metrotvnews.com)

INDUSTRY.co.id - Jakarta - PT Bank Mandiri Tbk (BMRI) began to actively channel credit for funding infrastructure development projects. The BUMN bank is very ready to be involved in any project initiated by Jasa Marga or other state-owned infrastructure.

Especially for toll road financing, Bank Mandiri will be very willing to provide opportunities for various parties to access infrastructure credit funding.

"We are ready to disburse loans for financing the construction of toll roads. Therefore, we are grateful to Jasa Marga who always update the progress of the toll road project," said Alexandra Wiyoso, Senior Executive Vice President Corporate Banking of Bank Mandiri.

Therefore, according to Alexandra, Bank Mandiri's infrastructure loan is targeted to grow 10 percent by the end of 2017.

"In fact, until the end of 2018 later, the credit distribution is expected to reach Rp40 trillion," added Alexandra in Jakarta, Friday (13/10/2017).

According to Bank Mandiri's financial report, total infrastructure credit disbursed as of June 2017 was Rp133.7 trillion, up 15% compared to June 2016.

Of the total credit value, total infrastructure loans disbursed for road and toll financing amounted to Rp8.4 trillion, Rp36 trillion for transportation, Rp27 trillion for electricity and oil and gas and renewable energy of Rp20.9 trillion.

"Meanwhile, total infrastructure loans disbursed for construction financing amounted to Rp.13.1 trillion and Rp8.5 trillion for telematics," added Alexandra. (Abraham Sihombing)

News Comment

Today's Industry

Kepala BMKG Dwikorita Karnawati (Foto Dok Industry.co.id)

Minggu, 22 Juli 2018 - 22:30 WIB

Karhutla Potentially Rises in Some Areas

Jakarta - The Meteorology Climatology and Geophysics Agency (BMKG) predicts forest and land fires (karhutla) will potentially increase in some areas.

Kepala BMKG Dwikorita Karnawati (Foto Dok Industry.co.id)

Minggu, 22 Juli 2018 - 22:00 WIB

Extreme Waves Still Happening A Week Ahead

Jakarta - The Meteorology Climatology and Geophysics Agency (BMKG) predicts sea waves with an altitude of 2.5 meters to four meters or in extreme and dangerous categories will still occur within…

Minister of PUPR Basuki Hadimuljono (Foto Ist)

Minggu, 22 Juli 2018 - 22:00 WIB

Minister Basuki: Infrastructure Development to Improve Competitiveness

In the We The Youth event titled "Youth X Public Figure Vol 5: Connecting Indonesia" Public Works and Housing Minister Basuki Hadimuljono conveyed the development of infrastructure which is…

Superindo Express

Minggu, 22 Juli 2018 - 21:53 WIB

This Year, Super Indo Targets Retail Business Grows Two Digits

PT Lion Super Indo, the national supermarket chains set the growth of its double-digit retail business in 2018.

Menteri Perhubungan Budi Karya Sumadi

Minggu, 22 Juli 2018 - 21:30 WIB

Private Parties are Expected to Invest in the Train Transport Sector

Jakarta- Minister of Transportation Budi Karya Sumadi said the government invites private sector to jointly develop railway transportation as a much needed mass transportation in Indonesia.