31/07/2024 08:16 | By Mandiri
Won the Finance Asia Award 2024 for Most Used Technology Innovation
Jakarta, July 3, 2024 – Bank Mandiri continues its commitment to being the primary financial partner of choice for its customers. To that end, the bank with the BMRI stock code has provided Kopra by Mandiri's innovations and advantages in providing the most superior integrated digital financial solutions for the corporate business segment.
Kopra by Mandiri was first launched in 2021, along with the Super App Livin’ by Mandiri aimed at the retail segment. Since then, both have always been Bank Mandiri's flagship digital products capable of meeting almost all transactional and financial operational needs, both in the corporate and individual segments.
The success of Kopra by Mandiri as a market leader in corporate digital solutions is marked by a record transaction volume of IDR 19,100 trillion throughout 2023 and IDR 4,800 trillion up to the first quarter of 2024.
Bank Mandiri's IT Director, Timothy Utama, stated that Kopra by Mandiri has three main services that can be accessed via single sign-on, starting from Kopra Cash Management, Kopra Value Chain, to Kopra Trade. Thanks to these advantages, Kopra by Mandiri can provide quick, efficient, and secure access for business actors in managing their financial activities.
"We designed Kopra by Mandiri to always be a market leader in financial solutions for corporate customers. This platform offers various advanced digital features such as cash management, value-chain, and trade finance, all of which can be easily accessed through one portal," said Timothy Utama in an official statement on Wednesday (3/7).
Furthermore, Kopra by Mandiri not only simplifies business transaction processes but also increases operational efficiency through API-based technology or host-to-host, as well as strategic partnerships that support the business ecosystem from upstream to downstream. Thus, customers can initiate, authorize, control, and monitor transactions directly and integrated with the banking system.
Not only for domestic corporate customers, but Kopra by Mandiri also provides a special service, Kopra Beyond Borders, which can be used to monitor the financial transaction activities of international corporate customers operating in several different countries.
"Kopra exists to strengthen various business segments both domestically and internationally. We do not think only about business and profit. We do this more as an effort to expand digital financial access and financial inclusion through partnerships with various business parties," added Timothy.
Thanks to the various advantages of Kopra by Mandiri, Bank Mandiri has won five awards at the Finance Asia Award 2024. Bank Mandiri was named Best Bank in Indonesia, The Most Innovative Use of Technology in Indonesia, Best Corporate Bank- Large Corp & MNCs, Best Sustainable Bank in Indonesia, and Biggest ESG Impact in Indonesia.
"We highly appreciate the high recognition given by the public to Kopra by Mandiri, enabling us to win these awards. But this is not the last from Kopra. We will continue to innovate through Kopra by Mandiri to always have significant added value in the business community in Indonesia. The financial solutions offered by Kopra will continue to be innovative and relevant to the ever-evolving business needs," concluded Timothy.
As an effort to reduce plastic waste, Bank Mandiri provides reverse vending machines (RVM) or plastic bottle exchange machines for recycling in several Bank Mandiri operational office points.
The government will build a research and development center for electric vehicle (EV) batteries in Morowali, Central Sulawesi as a form of seriousness in mineral downstreaming for EV batteries.
Minister of State-Owned Enterprises Erick Thohir emphasized the importance of human resource transformation for the success of SOE transformation. Therefore, continuous improvement in the quality and professionalism of SOE personnel must be carried out to create good, resilient, and globally competitive leaders.
The Directorate General (Ditjen) of Immigration – Ministry of Law and Human Rights (Kemenkumham) of the Republic of Indonesia officially launched the Golden Visa Program. By simply using Livin by Mandiri, all types of golden visas can be processed digitally and from anywhere.
Bank Mandiri continues to actively support government programs in developing the Micro, Small, and Medium Enterprises (MSMEs) sector through various digital initiatives. As part of its efforts to become an Urban Locomotive in supporting the growth of people's economy in urban areas, Bank Mandiri is also supporting the Makassar Festival 8 2024, which will be held from July 24 to 28, 2024.
Distribution in Central Java and DIY Regions Reaches Rp2.48 trillion until June 2024
Bank Mandiri has once again been appointed by PT Kustodian Sentral Efek Indonesia (KSEI) as the Payment Bank and Customer Fund Account (RDN) Administrator Bank for the capital market. The cooperation period, which runs from 2024 to 2029, was officially signed by KSEI President Director Samsul Hidayat and Bank Mandiri Director of Treasury & International Banking Eka Fitria.
Bank Mandiri once again demonstrates its commitment to the development of sports in Indonesia by becoming the title sponsor for the third time at the Indonesia Open 2024. This prestigious golf tournament will be held at Damai Indah Golf – PIK Course, Jakarta, from August 29 to September 1, 2024.
Bank Mandiri has once again asserted its dominance in the banking industry by winning eight prestigious awards at the Asian Banking & Finance (ABF) Awards 2024. The awards span various categories, including Digital Transformation of the Year, Domestic Retail Bank of the Year, Mobile Banking & Payment Initiative of the Year, AI & Machine Learning Initiative of the Year, Data Governance Initiative of the Year, Private Bank of the Year, Domestic Trade Finance Bank of The Year, and Domestic Cash Management Bank of The Year.
Bank Mandiri became the national bank that received the most awards at the FinanceAsia event on June 27, 2024, in Hong Kong. FinanceAsia is a Hong Kong-based publication with a long-standing reputation for covering financial markets and capital markets in the Asia Pacific.
In line with a sustainable business strategy and solid domestic economic conditions, a subsidiary of the Bank Mandiri Group recorded a net profit of IDR 3 trillion in the first quarter of 2024, growing 10.62% year on year (YoY). Of that amount, the total net profit attributed to the owner or Bank Mandiri was recorded at IDR 1.57 trillion, up 7.56% YoY.
The annual sport tourism event by Bank Mandiri, titled Mandiri Jogja Marathon (MJM) 2024, successfully crowned new champions. In one of the most anticipated events for the running community across Indonesia, Kenyan athletes once again dominated the podium in the most prestigious category.