Bank Mandiri was established on 2 October 1998, as part of the bank restructuring program of the Government of Indonesia. In July 1999, four state-owned banks - Bank Bumi Daya, Bank Dagang Negara, Bank Exim and Bapindo - were amalgamated into Bank Mandiri. The history of these four banks can be traced back to over 140 years, and together they had contributed to the beginning of the Indonesian banking sector. Bank Mandiri as a friend of the nation represents a concept of services offered by the largest bank in Indonesia; with products and services in hand, the Bank is capable of inspiring, working and growing together as well as providing support to the whole society.
Adhering to the principles of good corporate governance, during the year 2015 Bank Mandiri did not only manage to carry out its business plan, make progress and record business growth, but it also made significant contributions to improving the welfare of the society. Bank Mandiri is committed to consistently be a friend of the nation by undertaking work in national development to achieve the future goal of bringing on a better Indonesia.
As the first bank owned by the Government of Indonesia, PT Bank Negara Indonesia (Persero) Tbk, established in 1946 began its history by serving as the central bank as stipulated in Government Regulation in Lieu of Law No. 2/1946. In 1955, when the Indonesian government established Bank Indonesia as the Central Bank, BNI began operations as a commercial bank. Furthermore, the role of BNI as a bank that was mandated to improve the people’s economy and participate in national development was confirmed by Law No. 17 Year 1968 on Bank Negara Indonesia 1946.
Mining Industry Indonesia (MIND ID) is an Indonesian mining industry holding company consisting of PT ANTAM Tbk, PT Bukit Asam, PT Freeport Indonesia, PT Indonesia Asahan Aluminium, PT Timah Tbk, and PT Vale Indonesia Tbk.