Bank Mandiri is the largest bank in Indonesia in term of assets, loans and deposits. Total assets as of Q3 2005 were IDR 250.3 trillion (or USD 25.7 trillion). It also has Capital Adequacy Ratio (CAR) of 23% (including market risk), Return on Asset (RoA) of 1.6%, and Return on Equity (RoE) of 10.5%.

On March 2005, the bank has 829 branches spread accross three different time zones in Indonesian archipelago and six branches abroad. It also has about 2500 Automatic Teller Machines (ATM). Bank Mandiri also has three principal subsidiaries: Bank Syariah Mandiri, Mandiri Sekuritas, and AXA Mandiri. Outdoor ATMs may be free-standing, like this kiosk, or built into the side of banks or other buildings An automatic teller machine or automated teller machine (ATM) is an electronic device that allows a banks customers to make cash withdrawals and check their account balances without the need...

History

The Indonesian government created it in 1999 to amalgamate four older government-owned banks that had failed in 1998. Those banks were Bank Bumi Daya (BBD), Bank Dagang Negara (BDN), Bank Expor Impor (Exim), and Bank Pembangunan Indonesia (Bapindo). During the amalgamation and reorganization, the government reduced the number of branches by 194 and the number of personnel from 26,600 to 17,620. 1999 (MCMXCIX) is a common year starting on Friday, and was designated the International Year of Older Persons by the United Nations. ...

• 1951: Bank Industri Negara (BIN) was established to finance priority sectors, such as plantations, industry and mining.
• 1959: The Indonesia government nationalized Nationale Handelsbank’s operations in Indonesia and from them created Bank Umum Negara.
• 1960: The Indonesia government nationalized the Indonesian operations of two more Dutch banks. It used Nederlandsche Handel-Maatschappij’s operations to create Bank Ekspor Impor Indonesia. Escomptobank became Bank Dagang Negara. The government also established the state-owned Bank Pembangunan Indonesia (Bapindo) and merged BIN into it. Bapindo specialized in medium and long-term financing of manufacturing, tourism and transportation.
• 1964: The Indonesia government nationalized Chartered Bank’s operations in Indonesia and merged them into Bank Umum Negara. Chartered Bank, a British overseas bank, had first entered Indonesia in 1863 when it opened an agency in Batavia.
• 1965: The Indonesia government brought Bank Umum Negara into the Bank Negara Indonesia group, renaming it Bank Negara Indonesia Unit IV (BNI IV). Similarly, Bank Ekspor Impor Indonesia became Bank Negara Indonesia Unit II (BNI II).
• 1968: The Indonesian government again reorganized some banks. BNI IV became an independent bank with the name Bank Bumi Daya. The government split BNI II into two parts, with the BNI Unit II Export-Import Division becoming BankExim. BankExim’s specialty was trade finance.
• 1986: Bapindo expanded into general commercial banking.
• 1999: The government merged Bank Bumi Daya, Bank Dagang Negara, BankExim, and Bapindo to create Bank Mandiri.
• 2004: The bank opened a branch in Dili (East Timor), and a representative office in Shanghai (China).

Nationale Handelsbank, The Netherlands History 1863: The Nederlandsch-Indische Handelsbank was established in 1863 to finance and handle trade with the Netherlands East Indies (NEI). ... Nederlandsche Handel-Maatschappij is one of the primary ancestors of ABN AMRO. History 1824: King Willem I created the Nederlandsche Handel-Maatschappij (NHM) by Royal Decree to revive trade between the Netherlands and the Netherlands East Indies. ... This page exists to list banks from the Netherlands about which we have only the barest information. ... Dili, also spelled Díli, Dilli or Dilly, is the capital of East Timor. ... Shanghai (Chinese: 上海; pinyin: ; Shanghainese IPA: ; Lumazi: Zanhe) , situated on the banks of the Yangtze River Delta, is Chinas largest city. ...

External link

• Bank Mandiri website
• Bank Mandiri's Q3 2005 Financial Report