Bank Mandiri Remains Confident in Intermediation Growth Despite BI Rate Hike to 5.25%

 

JAKARTA — PT Bank Mandiri (Persero) Tbk. (BMRI) has officially welcomed the decision by Bank Indonesia (BI) to raise its benchmark interest rate by 50 basis points to 5.25%, following the Board of Governors Meeting held from May 19-20, 2026.

Bank Mandiri Corporate Secretary Adhika Vista stated that this strategic move reflects the central bank’s unwavering commitment to maintaining financial market stability while ensuring that national inflation remains under control.

“Bank Mandiri views this policy as a timely and necessary step to reinforce the foundation of the national macroeconomy in the medium term,” Adhika noted in an official statement released on Tuesday, May 20, 2026.

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According to Adhika, domestic inflation, which stood at 2.42% year-on-year in April 2026, remains well within the target range set by Bank Indonesia. Furthermore, the central bank has assured that liquidity remains sufficient to support the banking sector’s ongoing intermediation functions.

In light of the benchmark rate hike, Bank Mandiri reaffirmed its commitment to maintaining optimal intermediation. The bank intends to achieve this by carefully balancing customer interests, sustainable business growth, and rigorous risk management practices.

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The management also emphasized that any future adjustments to lending and deposit interest rates will be implemented in a measured and calculated manner, reflecting evolving monetary policies.

“Any adjustments to credit or deposit rates will be conducted in a measured way, aligning with Bank Mandiri’s role as a strategic partner to the government in supporting the nation’s economic ecosystem,” Adhika added.

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Looking ahead, the lender, which trades under the ticker symbol BMRI, stated it will continue to closely monitor the trajectory of monetary policy and liquidity conditions. This approach is intended to ensure that credit distribution remains robust for both its customers and the broader national economy.

Summary

Bank Mandiri has expressed support for Bank Indonesia’s decision to raise the benchmark interest rate to 5.25%, viewing the policy as a proactive measure to ensure national macroeconomic stability and control inflation. The bank maintains that domestic inflation remains within the target range and expects sufficient liquidity to continue supporting its core intermediation functions.

To navigate the changing monetary environment, Bank Mandiri is committed to a balanced approach that prioritizes risk management and sustainable growth. The institution will implement any future adjustments to lending and deposit rates in a measured manner, ensuring continued support for the national economic ecosystem while closely monitoring global and domestic market conditions.

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