Mandiri Cuts its Deposits Interest’s Rate by 25Bps

PT Bank Mandiri (Persero), Tbk (BMRI IJ) cuts its 3-month and 6-month deposit interest’s rate by 25 basis points (bps), from 5.75% to 5.5%. The rates for the deposit segment of less than IDR100mn to less than IDR1bn, which also applies to 3 and 6 months tenors. Meanwhile, Bank Mandiri’s deposit interest rate for 12-month and 24-month were unchanged. All rates is valid since October 11, 2017.

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