Bank Mandiri Strengthens Renewable Energy Financing for Green Economy

Strategic Alignment with National Priorities

Bank Mandiri continues to solidify its role as a strategic partner to the Indonesian government in promoting clean energy transition and sustainable national development. As of Q3 2025, the bank's renewable energy financing portfolio has reached Rp13 trillion, marking a significant 29% year-on-year growth. This achievement reflects the bank's strong commitment to supporting the green economy agenda and aligns with the government's priorities under President Prabowo Subianto's administration, which emphasizes accelerating low-carbon economic and energy transformation.

Comprehensive Approach to Sustainable Financing

Monica Yoanita Octavia, Senior Vice President of Environmental, Social, and Governance Group at Bank Mandiri, emphasized that the bank's financing direction is always aligned with government policies and national strategic priorities. The bank's sustainable financing portfolio covers various renewable energy projects, including hydroelectric power plants, solar power plants, mini hydro power plants, biomass power plants, and geothermal power plants. Beyond power generation, Bank Mandiri also supports the renewable energy industry through financing for solar panel manufacturing and biodiesel processing facilities.

Key Highlights of Bank Mandiri's Sustainable Financing

• Total sustainable financing reached Rp310.05 trillion as of Q3 2025, growing 8.7% YoY
• Green financing portfolio stood at Rp159 trillion, a 12% YoY increase
• Renewable energy financing reached Rp13 trillion, growing 29% YoY
• Eco-efficient products financing amounted to Rp13.2 trillion, a 40% YoY growth
• Clean transportation financing reached Rp9.7 trillion, growing 35% YoY

Market Position and Future Outlook

Bank Mandiri's green financing portfolio accounts for more than 35% market share among the four largest national banks, reinforcing its position as a sustainability leader in Indonesia's financial sector. The bank's comprehensive approach to sustainable financing not only supports large corporate projects but also strengthens the entire value chain, creating a more robust renewable energy ecosystem. This strategic focus on green financing demonstrates Bank Mandiri's commitment to Indonesia's decarbonization targets and its role in driving the country's transition to a low-carbon economy.