June 30, 2015

Mandiri to Boost Micro Lending with Hundreds of New Branches

State-owned lender Bank Mandiri plans to open hundreds of branch office and cash outlets across Indonesia as part of the company’s business strategy to increase revenue contribution from the growing micro business segment.
Agus Haryoto Widodo, Mandiri Senior Vice President for Micro Business Development said that the bank planned to open 400 new branch offices to manage its micro lending next year. The new offices will complement the 2,600 micro branch offices already in operation.

The Jakarta Post

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