Good News From Indonesia » Bank Mandiri http://goodnewsfromindonesia.org Beyond Headlines Thu, 09 Feb 2012 03:46:48 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 Mandiri Expansion Begins! http://goodnewsfromindonesia.org/2009/06/14/mandiri-expansion-begins/ http://goodnewsfromindonesia.org/2009/06/14/mandiri-expansion-begins/#comments Sun, 14 Jun 2009 06:00:07 +0000 Ian http://goodnewsfromindonesia.org/?p=697 Bank Mandiri, Indonesia’s most respected bank has unveiled its plan to start the expansion to Asia Pacific region. Earlier this year, Bank Mandiri has opened up offices in Kuala Lumpur and Shanghai, following other cities like London, Singapore, and Hongkong. Next year, it plans to expand its operation to Doha (Qatar), Dubai (UAE), and Jeddah and Riyadh (Saudi Arabia).

It is a good model for other Indonesian companies, that continuous dependent on domestic market will only setback our effort to enter the Asian economic integration which will take place soon.

Go, Mandiri!

]]> http://goodnewsfromindonesia.org/2009/06/14/mandiri-expansion-begins/feed/ 0 An IMMEDIATE CALL for Indonesian Banks http://goodnewsfromindonesia.org/2009/04/28/an-immediate-call-for-indonesian-banks/ http://goodnewsfromindonesia.org/2009/04/28/an-immediate-call-for-indonesian-banks/#comments Tue, 28 Apr 2009 11:56:21 +0000 Akhyari http://goodnewsfromindonesia.org/?p=262 An IMMEDIATE CALL for Indonesian Banks

Last night, I watched Aljazeera and found that Malaysia is ready to liberalize its banking and insurance sector. I was a bit surprised to know that, since Malaysia has long been known as very protective in service sector. It was actually aimed to strengthen  its domestic financial sector to build its capital bases.

When Indonesia liberalized its financial sector, Singapore and Malaysia rushed in to buy stakes in our national banks. Lippobank, Bank Niaga, BCA, Bank Buana, and NISP Bank were then partly overtaken :(
Jakarta, the new financial giant
Now, since Malaysia’s financial sector is liberalized, it is our good time to retaliate, we buy as many bank as we can grab. Our 4 largest banks (Bank Negara Indonesia, Bank Central Asia, Bank Mandiri, and Bank Rakyat Indonesia) have all the capacity to do so, the time is NOW !
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