Bank Mandiri Tbk (BMRI) FY21 net profit soared 66.8% to IDR 28 Tn. This was supported by growth from both Interest and Non-Interest Income, while Operating Expenses was relatively manageable. Furthermore, provision expenses also decreased by 21.4% YoY. BMRI will continue its shifts into high-yielding assets in order to maintain growth in 2022.
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