Bank Mandiri Achieves Strong KUR Disbursement Results by October 2025

Significant Progress in MSME Financing

Bank Mandiri has successfully disbursed Rp38.11 trillion in Kredit Usaha Rakyat (KUR) to 329,012 Micro, Small, and Medium Enterprises (MSMEs) across Indonesia by October 2025. This achievement represents 92.96% of the bank's Rp41 trillion target for the year, demonstrating strong progress in supporting national economic development through MSME financing.

Sectoral Distribution of KUR

The disbursement was predominantly directed towards the production sector, which accounted for 61.47% (Rp23.43 trillion) of the total KUR allocation. Within this category, the agricultural sector received the largest share at 31.31% (Rp11.93 trillion), followed by production services at 21.34% (Rp8.13 trillion), manufacturing at 7.41% (Rp2.82 trillion), and fisheries at 1.37% (Rp523 billion). This distribution highlights Bank Mandiri's commitment to supporting key sectors that drive national economic growth and food security.

Financial Performance Highlights

The successful KUR disbursement was accompanied by robust financial performance. Bank Mandiri reported consolidated net profit of Rp37.7 trillion for Q3 2025, while total consolidated assets grew by 10.3% year-on-year to Rp2,563 trillion by the end of September 2025. The bank's consolidated loan disbursement reached Rp1,764.32 trillion, representing an 11% year-on-year growth, outpacing the national banking industry's credit growth of 7.7%.

Risk Management and Funding

The bank maintained a strong risk management framework, with a gross NPL ratio of 1.03% and a coverage ratio of 271% as of September 2025. Third-party funds (DPK) grew by 13% year-on-year to Rp1,884 trillion, with CASA maintaining a dominant share of 69.3%. This financial stability enables Bank Mandiri to continue supporting MSME growth while maintaining prudent risk management practices.

Strategic Implications

Bank Mandiri's achievements in KUR disbursement and overall financial performance demonstrate its commitment to sustainable growth and MSME support. The bank's ability to maintain low NPL ratios while expanding credit underscores its effective risk management and strategic lending practices. As Indonesia continues to focus on MSME development as a key economic driver, Bank Mandiri's performance positions it as a leading supporter of national economic objectives.