31/07/2024 08:04 | By Mandiri
Jakarta, July 25, 2024 - 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.
The Golden Visa Program offers ease of investment for foreign nationals (WNA) in Indonesia with residence permits for 5 or 10 years. Foreign nationals can invest their funds in various instruments including state-owned banks.
Bank Mandiri becomes the first bank in Indonesia to provide integrated services from account opening to the issuance of the Golden Visa.
Bank Mandiri was chosen as the first partner for the Golden Visa partly because Livin by Mandiri can be accessed in 121 countries worldwide such as the UK, Netherlands, China, etc. Various investment product solutions are also available in Livin By Mandiri.
Rohan Hafas, Director of Institutional Relations at Bank Mandiri, explained that this cooperation will help foreign nationals to open a savings account using only a passport and Temporary Stay Permit (ITAS)/Permanent Stay Permit (ITAP)/Golden Visa through Livin by Mandiri.
“We are very enthusiastic about this cooperation because it will provide access for Bank Mandiri to offer convenience, security, and privileges in the Golden Visa application process. We will optimize the public services of the Directorate General of Immigration to attract foreign nationals to invest their funds in Indonesia. This way, the country's economic growth will also be supported,” said Rohan Hafas during the Golden Visa Inauguration event at The Ritz-Carlton Hotel, Jakarta, Mega Kuningan, on Thursday (25/7).
The official launch of the Golden Visa signifies Bank Mandiri's commitment to supporting national economic growth through significant foreign investment.
Thus, this cooperation can create added value for both parties and enhance the experience of using integrated banking and government services.
The bank with the gold ribbon logo explained that the Golden Visa program has the potential to drive sustainable growth in Bank Mandiri's third-party fund (DPK) portfolio in the future. The Directorate General of Immigration stated that the target for 2024 is to reach 1,000 potential Golden Visa applicants.
As of the end of May 2024, Bank Mandiri's total third-party fund (DPK) collection has reached IDR 1,296.1 trillion. This achievement increased by 12.9% year on year (YoY) supported by low-cost funds or current account savings accounts (CASA).
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.
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 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.
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.