Bank Mandiri Targets NPL to be Under 3%

Bank Mandiri, Tbk (BMRI:IJ) targets non-performing loans (NPL) to be under 3% in 2018. Last year, company’s NPL ratio is on 3%-3.5% level. To mitigate the NPL risk, company targets credit growth to be at 10%-11% in 2018. This figure is considered realistic comparing 2017 Bank Mandiri consolidated credit growth at 9%-10%.To subscribe please click here