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)
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)
Read Also
Citi Named Best Bank in Asia by The Asset Magazine
CIO Insights 2Q22 Summary: Anchor in the Storm
DBS Bank tops Debtwire Asia Pacific (ex Japan) Loans League Table…
Citi Indonesia Named as Best Company for Creating Leaders from Within
Citi Indonesia Posted Rp869 Billion in Net Income during Third Quarter…
Today's Industry

Jumat, 13 Mei 2022 - 16:15 WIB
Robocash Group reached 2 BN USD of disbursement and issued audited financial report of 2021
Robocash Group publishes the audited combined financial statements for the year ended 31 December 2021. The Group reached an all-time high 2 BN USD of issued financing and is expected to increase…

Jumat, 13 Mei 2022 - 15:45 WIB
Demand Increases, CLEO Recorded IDR307.7 Billion Sales in Q1-2022
PT Sariguna Primatirta Tbk (Tanobel Group), a public company and manufacturer of Bottled Drinking Water (AMDK) with the IDX ticker code: CLEO: IJ, recorded a 30% increase in sales reaching IDR307.7…

Jumat, 13 Mei 2022 - 15:15 WIB
Emerson’s New Emergency Shutdown Discrete Valve Controller Improves Safety, Uptime in Hazardous Applications
Emerson introduced the TopWorxTM DX PST with HART® 7. Units provide valuable valve data and diagnostic information, enabling the digital transformation of process applications.

Kamis, 12 Mei 2022 - 15:26 WIB
HOKI Launches Another New Product
PT Buyung Poetra Sembada Tbk (“HOKI”), a Public Company which produces quality rice under the “Topi Koki” and “HOKI” brands, continues to innovate by re- launching new products.…

Kamis, 12 Mei 2022 - 14:19 WIB
Rockwell Automation Releases New, Highly Customizable Industrial Monitors
Rockwell Automation, Inc. (NYSE: ROK), the world’s largest company dedicated to industrial automation and digital transformation, today announced the release of a new line of industrial monitors…
News Comment