BMRI - To disburse low interest SME Loans

BMRI - To disburse low interest SME Loans Bank Mandiri continues to be committed to supporting People's Business Credit (KUR) customers who can upgrade to commercial credit. In fact, in the future the company is confident that it can distribute credit to micro, small and medium enterprises (MSMEs) at low interest rates with the support of digitalization. According to BMRI, potential for micro credit reached IDR622 tn from June data. Seeing this huge potential, the bank continues to increase its credit distribution to take a share of the cake. (Source : Investor Daily). Comment : We like BMRI efforts to enter the sme huge potential market. We believe this market will play important role for micro credit growth going forward and such likely to contribute signifcant amount to BMRI total loans.