JAKARTA – PT Bank Mandiri (Persero) Tbk (BMRI) recorded profit growth of IDR 3 trillion to IDR 13.86 trillion in Q1 2023 from IDR 10.89 trillion seen in the same period in 2022.

In the Q1 2023 Financial Report of BMRI published today (26/4), Darmawan Junaidi, President Director of Bank Mandiri, said that the net income of interest, sharia, and premium clocked up to IDR 23.47 trillion, increasing from IDR 21.06 trillion in Q1 2022.

The said net income consisted of interest and sharia income of IDR 23 trillion, up IDR 3.47 trillion higher from IDR 20.47 trillion in Q1 2022. On the contrary, the net premium income shrank from IDR 588.14 billion to IDR 464.01 billion.

In Q1 2023, the total users’ savings were recorded at IDR 1.18 quadrillion, declining from IDR 1.29 quadrillion in Q1 2022. These savings comprised of total deposits of IDR 453.84 trillion, down from IDR 519.07 trillion in Q1 2022; total savings and wadiah savings of IDR 477.07 trillion, also down from IDR 480.48 trillion; as well as term deposits of IDR 255.97 trillion, also declining from IDR 296.01 trillion.

The net loan disbursement clocked up to IDR 1.10 quadrillion, relatively stable from IDR 1.10 quadrillion seen in 2022. (LK/ZH)