∆ fro : IPO
Dec 31, 2014
BMRI 1,413.55
-6.73 JCI
835.92 -6.05
No. of Investor No. of shares
I DOMESTIC
1. Government of RI 1
0.01 14,000,000,000
60.00 2. Retail
14,914 78.66
198,953,695 0.85
3. Employees 1,856
9.79 23,552,818
0.10 4. Cooperatives
7 0.04
1,132,756 0.00
5. Foundation 29
0.15 17,930,345
0.08 6. Pension Funds
185 0.98
176,537,174 0.76
7. Insurance 72
0.38 431,817,236
1.85 8. Banks
- 0.00
- 0.00
9. Corporations 132
0.70 453,804,758
1.94 10. Mutual Funds
210 1.11
708,989,555 3.04
Total 17,406
91.81 16,012,718,337
68.63 II INTERNATIONAL
1. Retail 90
0.47 1,677,449
0.01 2. Institutional
1,463 7.72
7,318,937,547 31.37
Total 1,553
8.19 7,320,614,996
31.37 III
TOTAL No.
Description Per 30 June 2015
18,959 100.00
23,333,333,333 100.00
-200 200
400 600
800 1000
1200 1400
1600 1800
J u
n -03
D e
c -03
J u
n -04
D e
c -04
J u
n -05
D e
c -05
J u
n -06
D e
c -06
J u
n -07
D e
c -07
J u
n -08
D e
c -08
J u
n -09
D e
c -09
J u
n -10
D e
c -10
J u
n -11
D e
c -11
J u
n -12
D e
c -12
J u
n -13
D e
c -13
J u
n -14
D e
c -14
J u
n -15
BMRI JCI
2
Results Overview Page
I do esia s E o o i Co ditio 3
1H 2015 Highlights 4
Key Indicators + Financial Highlights 5
– 6
SBU Performance Highlights 7
Ba k s Pe fo a e
8 – 11
Loan Performance 12
– 14
ROE NIM 15
– 16
Fee-Based CIR 17
– 18
Wholesale Business 19
– 21
Retail Business 22
– 28
NPL Movement 29
– 32
Subsidiaries 33
– 35
Targets Initiatives 36
Additional Information Operating Performance Highlights
Supporting Materials
Core inflation remains stable and headline inflation expected to drop
The Current Account Deficit is improving through 1H15
3
Source : CEIC, Bloomberg
GDP expansion remains below the historical average and under pressure
2 4
6 8
10 12
14 16
18 20
Ju n
-0 6
Ju n
-0 7
Ju n
-0 8
Ju n
-0 9
Ju n
-1 Ju
n -1
1 Ju
n -1
2 Ju
n -1
3 Ju
n -1
4 Ju
n -1
5
Headline inflation YoY Core inflation YoY
BI rate
10 5
- 5
10 15
15 10
5 -
5 10
15 20
1 Q
1 2
Q 1
3 Q
1 4
Q 1
1 Q
1 1
2 Q
1 1
3 Q
1 1
4 Q
1 1
1 Q
1 2
2 Q
1 2
3 Q
1 2
4 Q
1 2
1 Q
1 3
2 Q
1 3
3 Q
1 3
4 Q
1 3
1 Q
1 4
2 Q
1 4
3 Q
1 4
4 Q
1 4
1 Q
1 5
Capital and Financial Account Current Account CA
BoP
4 4.5
5 5.5
6 6.5
7 7.5
8 8.5
9
1 Q
6 1
Q 7
1 Q
8 1
Q 9
1 Q
1 1
Q 1
1 1
Q 1
2 1
Q 1
3 1
Q 1
4 1
Q 1
5
4.71 7.50
7.26 5.04
5.94
Cash Management • 14,397 Customers
• 29.9 Mn Tx YTD 2015
2
4
Admired Financial Institution
Retail Loans
1
• Rp 165.3 Tn • 33.3 of Loans
• High yield loan amounting Rp 107.4 Tn
Subsidiary Income • Total Rp 1.04 Tn
• Sum of income from 9 subsidiaries
10.5 of EAT Alliances
• Bank Guarantee: Rp 9.6 Tn •Foreign Exchange: Rp 11.6 Tn
•Fund Under Management FUM: Rp 3.8 Tn
e-Channel Tx •1,062.3 Mn YTD
• 25.3 YoY Growth of Cards Issued
• Credit 3.82 Mn • Debit 12.58 Mn
• Prepaid 5.77 Mn
1 Small Business, Micro and Consumers
2 Excluding Mandiri Transaction System
3 Incl. KSM Centre, MMU Cash outlet and MobilMU
of Accounts • Deposit 16.48 Mn
• Loan 1.58 Mn including mortgage
accounts of 165,176 of new Accounts YTD
• Deposit 2.14 Mn • Loan 342,035
of Outlets 2,327 Branches
2,831 Micro Outlets
3
17,032 ATMs
K e
y In
d ic
a to
rs R
e m
ai n
S tab
le
22.10 24.40
22.00 22.55
22.23 20.95
18.53
2009 2010
2011 2012
2013 2014
1H 2015
R e
tu rn
o n
E q
u it
y
To tal
C A
SA R
p B
n N
o n
P e
rf o
rm in
g L
o an
186,492 201,958
256,395 316,127
359,957 380,512
403,947
2009 2010
2011 2012
2013 2014
1H 2015
2.79 2.42
2.21 1.87
1.90 2.15
2.43
2009 2010
2011 2012
2013 2014
1H 2015
7,155 9,218
12,246 15,504
18,204 19,872
9,924
2009 2010
2011 2012
2013 2014
1H 2015
E ar
n in
g A
ft e
r Ta
x R
p B
n
198,547 246,201
314,381 388,830
472,435 529,973
2009 2010
2011 2012
2013 2014
2015
To tal
L o
an s
R p
B n
N e
t In
te re
st Mar
g in
5.04 5.28
5.11 5.46
5.74 5.97
2009 2010
2011 2012
2013 2014
2015
6
Ba k Ma di i s 1H 2015 performance across several key indicators:
H H
Loans Rp 485.8 Tn
Rp 552.8 Tn 13.8
Gross NPL Ratio
Net NPL Ratio
2.23
0.81
2.43
1.01
8.9
24.2
Low Cost Funds Ratio
[Low Cost Funds Rp]
62.2
Rp 345.6 Tn
61.7
Rp 403.9 Tn
0.8
16.9
NIM 5.91
5.76 2.4
Efficiency Ratio 43.6
44.8 2.7
Earnings After Tax Rp 9,585 Bn
Rp 9,924 Bn 3.5
Starting 4Q2014, we backout the LPS premium from interest expense. Using the same computation with the previous method, our 1 H 151H 14 NIM was 5.93 5.74
7
734 1,325
1,713 965
2,021 146
592 127
1,797 1,262
Treasury and Markets
Corporate Banking
Commercial Banking
Consumer Banking
Micro and Business
Banking
Asset Spread Liability Spread
Net Interest Income Analysis 2Q 2015
3,283
1,840
Rp Bn
Net Interest Income
Fee Based Income 2Q 2015
Rp Bn
543 1,865
262 378
813
Micro and Business Banking
Consumer Banking Commercial Banking
Corporate Banking Treasury and
Markets
Notes : Due to reorganization of Bank Mandiri, we cannot provide the historical data from the previous years
880 1,917
2,762
9 7
.1 1
2 .9
1 8
.8 1
2 1
.9 1
1 9
.8 1
2 6
.5 1
3 5
.4 1
5 1
.8 1
5 .4
1 5
9 .9
1 6
6 .2
1 8
6 .9
1 7
9 .9
1 8
9 .8
1 9
8 .8
2 1
4 .7
2 1
.9 2
3 .0
2 8
.0 2
2 7
.7 2
7 .3
2 1
1 .0
9.9 10.8 11.6
11.612.312.7 12.2
12.013.4 13.614.0
15.315.816.8 19.0
20.7 22.123.222.3
24.7 23.325.4
4 7
.8 5
.3 3
9 .9
4 6
.2 4
5 .3
4 7
.9 4
9 .4
6 7
.3 7
5 .0
5 9
.0 6
3 .0
7 7
.9 6
1 .2
7 4
.6 6
3 .9
7 3
.4 6
7 .2
7 4
.2 7
9 .6
7 8
.9 8
3 .4
9 1
.7
22.0 23.122.9
22.225.422.3 24.0
25.3 28.228.028.5
36.1 33.3
38.549.2 51.1
43.545.0 52.0
49.1 58.1
75.8
1 2
4 .4
1 2
7 .8
1 2
7 .0
1 4
7 .8
1 4
3 .5
1 4
.8 1
4 .0
1 4
8 .1
1 2
.8 1
3 7
.5 1
3 8
.9 1
5 .7
1 5
2 .8
1 5
3 .7
1 5
5 .2
1 7
6 .2
1 7
6 .9
1 9
.0 2
1 .6
2 2
2 .3
2 2
6 .2
2 2
.5
11.8 11.711.1
12.510.312.4 15.3
17.8 15.6
20.3 20.4
16.1 24.0
29.0 28.2
20.1 20.0
20.5 27.5
33.730.5 30.5
20 40
60 80
100 120
140 160
180 200
220 240
260 280
300 320
340 360
380 400
420 440
460 480
500 520
540 560
580 600
620 640
660 680
1 Q
1 2
Q 1
3 Q
1 4
Q 1
1 Q
1 1
2 Q
1 1
3 Q
1 1
4 Q
1 1
1 Q
1 2
2 Q
1 2
3 Q
1 2
4 Q
1 2
1 Q
1 3
2 Q
1 3
3 Q
1 3
4 Q
1 3
1 Q
1 4
2 Q
1 4
3 Q
1 4
4 Q
1 4
1 Q
1 5
2 Q
1 5
FX Time Rp Time
FX Demand Rp Demand
FX Savings Rp Savings
7 4
.5 8
.7 8
4 .2
8 5
.4 8
5 .1
9 6
.2 1
3 .2
1 6
.2 1
1 3
.0 1
1 9
.2 1
2 3
.2 1
2 6
.3 1
2 4
.7 1
4 6
.9 1
5 5
.2 1
6 3
.7 1
6 .8
1 6
1 .3
1 7
1 .9
1 7
3 .3
1 7
.7 1
7 6
.8
0.2 0.4 1.3 1.4 1.6
1.5 1.7 1.4 1.3
1.5 1.6 1.8 1.6 1.5
1.7 2.0 2.3 1.3
1.3 1.3 0.8 1.0
4 9
.1 5
3 .1
5 7
.5 6
3 .8
6 4
.7 7
.1 7
4 .7
8 .7
8 2
.5 8
9 .8
9 3
.3 1
2 .7
1 2
.0 1
4 .2
1 1
1 .0
1 1
6 .9
1 1
6 .3
1 2
3 .7
1 2
7 .7
1 3
8 .9
1 4
5 .1
1 4
8 .9
24.7 26.7
28.6 30.732.4
34.3 36.3
39.0 40.7
43.344.5 47.749.3
52.4 55.2
56.6 57.4
60.3 62.4
64.7 65.767.7
17.7 19.3
20.5 22.7 23.3
25.8 27.6
30.2 30.9
33.1 35.0
38.4 38.4 42.5
43.7 46.5 46.3
49.0 52.0
57.2 55.3 57.9
5.6 6.0
6.5 7.3 7.7
8.5 9.5
11.8 13.1
15.1 16.8
19.0 20.7
23.9 24.9
27.0 28.2
31.0 32.7
36.0 37.2
39.7
9.7 9.1
8.6 7.8 6.7
6.1 6.1
4.6 4.8
4.8 4.9
4.0 3.9 3.9
4.2 4.2 3.9
3.9 3.8
3.7 3.8 3.8
20.4 22.7
24.6 27.230.3
34.2 38.4
40.5 40.9
43.6 46.0
48.9 50.9
53.5 54.9
55.5 55.355.5
54.6 54.7
54.357.0
20 40
60 80
100 120
140 160
180 200
220 240
260 280
300 320
340 360
380 400
420 440
460 480
500 520
540 560
580
1 Q
1 2
Q 1
3 Q
1 4
Q 1
1 Q
1 1
2 Q
1 1
3 Q
1 1
4 Q
1 1
1 Q
1 2
2 Q
1 2
3 Q
1 2
4 Q
1 2
1 Q
1 3
2 Q
1 3
3 Q
1 3
4 Q
1 3
1 Q
1 4
2 Q
1 4
3 Q
1 4
4 Q
1 4
1 Q
1 5
2 Q
1 5
Subsidiaries Recovery
Micro Small
Cons Comm
Intl Corp
Y-o-Y
48.5
16.0
68.5 23.5
3.9
Y-o-Y
3.3 18.1
Loans by SBU + Subsidiaries Rp Tn
20.4
9.6
Deposits by Product – Consolidated
Rp Tn
Loans from Treasury International have been reallocated to Corporate following the reorganization in early 2010
27.2 9.8
13.8
552.8 Tn
Total Total
531.6 Tn 654.9 Tn
17.8
2.8
8
485.8 Tn
12.4 28.2
9
1 Fee-Based Provision, Commission Fee 2 Excluding Mandiri Transaction System
Deepen Client Relationship
Accelerate Growth Segment
Wholesale Strategy Group-wide Strategy
Retail Strategy
Integrate The Group
Integrated Wholesale Transaction Bank
Holistic Product Suite
Sector-Led Solutions
Through Expertise-led Client Solutions
Cross-Border Coverage
Supporting Clients’ Regional Needs
Current Achievments 1H 2015
Total Wholesales Fees Rp 1.2 Tn
1
Total Wholesale Low Cost Deposits Rp 115.3 Tn.
Growth of Tx Cash Management 58.0
2.
Wholesale Product Holding : 8.75
Culture of Cross-Selling across Wholesale, Retail and Subsidiaries
Engaging in Integrated Retail Initiatives with Subsidiaries and Business Units to
Drive Cross-Selling
Current Achievments 1H 2015
Micro
Easy Access Simple Products
SME
One-Stop Sales Service
Individual
Growing with our Customers
Current Achievements 1H 2015
Total Retail Fees of
Rp 3.4 Tn
1
Total Retail Low-Cost Funds Rp 260 Tn
YoY increase in E-Channel transaction : 25.3
Mandiri Business Saving reaches Rp 89.0 Tn
V
V V
V
V
Volume of Business Alliances :
Bank Guarantee : Rp 8.8 Tn.
Foreign Exchange : Rp 11.6 Tn.
FUM : Rp 3.8 Tn
Income Alliance Wholesale = 42 .1
Auto 2 W Loan : 383.7 Bn
Credit Cards : 295,220
10
Assets 1H 2015
1H 2014 Liabilities
1H 2015 1H 2014
Cash 19,524
16,347 Current Account 167,517
119,470 Current Acc w BI Other Banks
64,737 57,174 Savings
236,430 226,153
Placement w BI Other Banks 61,161
49,111 Time Deposits 250,911
210,297 Advances Other
44,031 24,422
Marketable Securities 47,370
34,315 Total Deposits 654,858
555,920
Government Bonds 100,101
88,969 Loans Gross
552,778 485,844 Securities Issued
1,806 2,015
Provisions of Loans 18,507
17,459 Deposits from other banks 36,650
34,376 Net Loans
534,271 468,385 Borrowings
22,043 15,951
Reverse Repo 14,428
2,716 Other Int. Bearing Liabilities 30,340
11,702 Other Provisions
2,472 2,028 Non Int. Bearing Liabilities
59,117 51,012
Deferred Tax Assets 3,801
3,381 Equity incl. Minority Interest 109,262
93,960 Other Assets
27,123 22,146
Total 914,075
764,938 Total 914,075
764,938
11
Summary PL Rp Bn 2Q 2015
1Q 2015 2Q 2014
1H 2015 1H 2014
Y-o-Y Q-o-Q
Interest Income 17,454
17,117 14,978
34,571 29,291
16.5 2.0
