Mandiri Brings BUMN Creative Center Program to East Java in Support of MSMEs

News Release - Rabu, 11 Januari, 2017

Donates Ambulances in Trenggalek

Surabaya, East Java, 11 January 2017 - Bank Mandiri continues to innovate so as to strengthen the micro, small and medium enterprise (MSME) sector in Indonesia. As part of these efforts, the Company has launched three Rumah Kreatif BUMN (BUMN Creative Centers/RKB) in Surabaya, Trenggalek and Ponorogo, all in East Java. The three form part of 17 RKB that Bank Mandiri plans to set up throughout Indonesia.

Other areas where Bank Mandiri RKB will be established include Bogor and Cilegon (West Java), Kupang (NTT), North Lampung (Lampung), Pekanbaru (Riau), Lubuk Linggau (South Sumatra), Semarang (Central Java), Pontianak (West Kalimantan), Babulu Darat (East Kalimantan), Gorontalo (Gorontalo), Gowa (South Sulawesi), Banggai (Southeast Sulawesi), Ambon (Maluku) and Wamena (Papua).

The RKB program is a collaborative program involving a number of SOEs that is designed to develop the digital economy through the provision of mentoring to MSMEs so as to help boost their capacities and capabilities. The RKBs serve both as data and information centers, and simultaneously as centers for the training, development and digitalization of MSMEs.

Bank Mandiri CEO Kartika Wirjoatmodjo said that the establishment of the Bank Mandiri RKBs reflected the Company's commitment to empowering SMEs on a sustainable basis so as to allow them to go digital and gain increased access to financing from financial institutions.
“The RKB program provides a range of benefits to MSMEs, including help with digitalizing their businesses through the e-commerce portal, facilitating the selection of prospective MSMEs for further business development assistance, and the provision of entrepreneurship training related to production processes, raw materials, packaging, branding and financial management.. We hope that at least 10 SMEs will be able to go digital every month in every Bank Mandiri RKB,” said Kartika when inaugurating the Bank Mandiri RKBs in Surabaya and Trenggalek, East Java, on Wednesday (Jan 11).

In addition, he said, MSMEs benefit from the opportunity to network with other small enterprises, such as through the WMM alumni network.
"Of course, the MSMEs that participate in the RKB Mandiri program also benefit from potential financial support from the Bank and its subsidiaries through our KUR, micro credit and other banking products and services, including the possibility of investment by PT Mandiri Capital Indonesia in MSMEs in the financial technology sector," Kartika explained.

He said that the principal targets of the Bank Mandiri RKB program were MSME customers of Bank Mandiri's micro banking segment, recipients of Bank Mandiri KUR loans, Bank Mandiri Partnership Program alumni and MSMEs located in the vicinity of Bank Mandiri RKBs.

As part of the Mandiri RKB program, Bank Mandiri collaborates with a range of partners, including PT Telkom for the e-commerce portal, Permodalan Nasional Madani (Persero) for fostering the development of MSMEs, and the Nurbaya Initiative for data collection and a merchandise management system for the products of the MSMEs participating in the RKB program.
"We are also working together with the SME training institutes at universities located in the vicinity of Bank Mandiri RKBs and alumni of the Bank Mandiri Young Entrepreneur Program in the regions. This is because they have a good understanding of how local knowledge can be exploited by MSMEs,” said Kartika.
In addition to the RKB program, Kartika said, MSME development is also supported by Bank Mandiri through micro banking segment financing. As of the end of December 2016, he said, Bank Mandiri micro lending (bank only) amounted to Rp 39.196 trillion, up 17.6% year on year, with the total number of MSME borrowers standing at 1,207,656. In East Java alone, total micro loans as of the end of last year amounted to Rp 4.986 trillion, representing an increase of 34.5% over 2015.
Donation of Ambulances
During the same event, Bank Mandiri also handed over assistance in the form of two ambulances to the Trenggalek Regency Government so as to improve the quality of local health services.
“This assistance is in line with Bank Mandiri’s commitment to boosting the country’s prosperity and its support for the SOE for the Country program,” Kartika said, while symbolically presenting the assistance to Trenggalek Regent, Emil Elestianto Dardak.

Looking ahead, Kartika continued, Bank Mandiri is committed to strengthening its collaboration with the Government of Trenggalek Regency in order to provide added value to the people of the Regency and its surrounding areas.
About PT Bank Mandiri (Persero) Tbk
Bank Mandiri is the largest Bank in Indonesia, providing services in the Corporate, Commercial, Micro & Business, Consumer Banking and Treasury segments. The Bank’s subsidiaries are Mandiri Sekuritas (capital market services), Bank Syariah Mandiri (shariah banking), Bank Mandiri Taspen Pos/ Mantap (MSME sector), AXA-Mandiri Financial Services (life insurance), Mandiri InHealth (health insurance), Mandiri Axa General Insurance (general insurance), Mandiri Tunas Finance (consumer finance), Mandiri Utama Finance (financing services), Mandiri International Remittance (remittance services), Mandiri Europe (treasury & financial institutions), and Mandiri Capital Indonesia (venture capital).
As of the end of September 2016, Bank Mandiri operated 2,505 branches throughout Indonesia, and 7 branches/representative offices/subsidiaries overseas. The Bank’s distribution network consisted of 17,461 ATMs linked to the ATM Link, ATM Bersama, ATM Prima and Visa/Plus networks. In addition, the Bank operated more than 269.3 thousand Electronic Data Capture machines and a range of other electronic channels, including Internet Banking, Mandiri Mobile, SMS Banking and Call Center 14.000.

For more information, please contact:
Rohan Hafas
Corporate Secretary
PT Bank Mandiri (Persero) Tbk.
Tel: 021-5245740 Fax 021-5268246