Summary: PT Bank Mandiri (Persero) - S&P Global Ratings’ Credit Research

Summary: PT Bank Mandiri (Persero)

Summary: PT Bank Mandiri (Persero) - S&P Global Ratings’ Credit Research
Summary: PT Bank Mandiri (Persero)
Published Dec 12, 2013
968 words — Published Dec 12, 2013
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

Strong business franchise in the domestic banking industry. Above average funding profile and strong liquidity. Exposure to high economic risk in Indonesia. History of high nonperforming assets and credit costs. The stable outlook on PT Bank Mandiri (Persero) (Mandiri) reflects the outlook on the sovereign credit rating on Indonesia (BB+/Stable/B; axBBB+/axA-2) and our expectation that the bank's stand-alone credit profile (SACP) will remain unchanged over the next 18-24 months. We also anticipate that the bank will maintain its strong market position and funding profile. We would upgrade Mandiri if we raise the sovereign rating and revise the bank's SACP upwards. We could raise Mandiri's SACP if the bank can sustain a recent improvement in asset quality over the next 18-24

  
Brief Excerpt:

RESEARCH Summary: PT Bank Mandiri (Persero) Publication date: 12-Dec-2013 Primary Credit Analyst: Cheul Soo Cho, CFA, Hong Kong (852) 2533 3559; cheulsoo.cho@standardandpoors.com Secondary Contact: Ivan Tan, Singapore (65) 6239-6335;...

  
Report Type:

Summary

Ticker
BMRI@IJ
Issuer
PT Bank Mandiri (Persero)
GICS
Diversified Banks (40101010)
Sector
Global Issuers
Country
Indonesia
Region
Emerging Markets
Format:
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PT Bank Mandiri (Persero) – 2014/12/22 – US$ 500.00

Summary: PT Bank Mandiri (Persero) – 2014/12/22 – US$ 225.00

PT Bank Mandiri (Persero) – 2015/12/14 – US$ 500.00

Summary: PT Bank Mandiri (Persero) – 2015/12/14 – US$ 225.00

PT Bank Mandiri (Persero) – 2013/12/12 – US$ 500.00

PT Bank Mandiri (Persero) – 2012/12/19 – US$ 500.00

Summary: PT Bank Mandiri (Persero) – 2012/12/19 – US$ 225.00

PT Bank Mandiri (Persero) – 2011/12/21 – US$ 500.00

Summary: PT Bank Mandiri (Persero) – 2011/12/21 – US$ 225.00

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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Summary: PT Bank Mandiri (Persero)" Dec 12, 2013. Alacra Store. May 24, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-PT-Bank-Mandiri-Persero-1226813>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: PT Bank Mandiri (Persero) Dec 12, 2013. New York, NY: Alacra Store. Retrieved May 24, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-PT-Bank-Mandiri-Persero-1226813>
  
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