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Momen

Tuesday, July 11 2017 00:00 WIB

Bank Mandiri is setting up a full branch office in Malaysia to be operational by the end of 2017. Bank Mandiri Berhad has been granted a license as a Qualified ASEAN Bank (QAB) from Malaysian regulators. The bank has already been In Malaysia since 2009, but only through its Mandiri International Remittance (MIR) arm to service Indonesian migrant workers there.

Bank Mandiri CEO Kartika Wirjoatmodjo said the company has allocated RM300 million, equivalent to Rp936 billion, for its new branch there. "We have started with an initial capital injection of RM50 million," he said in a written statement issued last Thursday.

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  • BANKING
    Bank Mandiri Expands to Malaysia

    Bank Mandiri is setting up a full branch office in Malaysia to be operational by the end of 2017. Bank Mandiri Berhad has been granted a license as a Qualified ASEAN Bank (QAB) from Malaysian regulators. The bank has already been In Malaysia since 2009, but only through its Mandiri International Remittance (MIR) arm to service Indonesian migrant workers there.

    Bank Mandiri CEO Kartika Wirjoatmodjo said


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