JAKARTA – PT Bank Mandiri (Persero) Tbk (BMRI) recorded bank-only loan growth of 15.62% year on year to IDR 1,511.4 trillion in January 2026, lifting total assets by 13.96% to IDR 2,191.9 trillion.

In terms of asset quality, the Cost of Credit (CoC) as of January 2026 declined by 21 basis points year on year to 0.35%, with the Non-Performing Loan (NPL) ratio stable at 0.97%, down 3 basis points from a year earlier.

“This growth underscores the company’s commitment to channelling financing to productive sectors, including the MSME ecosystem and business players across various regions,” said Bank Mandiri finance and strategy director Novita Widya Anggraini in an official statement on Monday (23/2).

She added that the achievement is in line with Bank Mandiri’s role as a strategic partner of the government in strengthening the national economic structure.

“We are ensuring that accelerating growth continues to proceed prudently so as to deliver added value to the people’s economy,” she said.

On the funding side, third-party funds (DPK) stood at IDR 1,635.5 trillion, up 17.29%, with the Current Account Saving Account (CASA) ratio maintained at 73%.

“Net profit on a month-to-date (MTD) basis grew at a positive double-digit rate, driven by a 10.2% increase in net interest income (NII),” Novita said.

This, she noted, was supported by a 27 basis point decline in the Cost of Fund (CoF) compared with the previous month to 2.06%.

Commission-based income also grew solidly, with recurring Fee Based Income (FBI) rising 16.1%. The Cost to Income Ratio (CIR) improved to 37.75%, down 3.44% from the previous month.

“This performance was driven by accelerating digital transactions through Livin’ by Mandiri, which grew 49.3%, Kopra by Mandiri activity increasing 27%, and treasury transactions rising 33%,” Novita said.

As a note, BMRI is projecting loan growth of 7–9% in 2026, although this target is significantly lower than the 13.4% year-on-year loan growth achieved in 2025.

“With solid fundamentals, maintained efficiency and an adaptive strategy, we are optimistic about sustaining healthy, inclusive and sustainable growth momentum throughout 2026,” Novita concluded. (DK/ZH)