Bank Mandiri traded at 4,840.00 this Thursday March 26th, decreasing 130.00 or 2.62 percent since the previous trading session. Looking back, over the last four weeks, Bank Mandiri lost 8.25 percent. Over the last 12 months, its price fell by 6.92 percent. Looking ahead, we forecast Bank Mandiri to be priced at 4,686.50 by the end of this quarter and at 4,202.28 in one year, according to Trading Economics global macro models projections and analysts expectations.
PT Bank Mandiri (Persero) Tbk (the Bank) is an Indonesia-based banking company. The Bank offers a range of banking products and services to its customers ranging from individuals and small and medium-sized enterprises (SMEs) to corporations. The Bank’s operates operating segment and geographical segment. Its operating segment includes corporate banking, commercial banking, institutional relations, treasury and international banking and retail banking consisting of credit cards, small and medium enterprise, micro, consumer loans and branchless banking. The corporate banking segment serves the needs of corporate customers. The Commercial Banking segment focuses on the medium scale industry. Its geographical segment operates in Indonesia, Asia (Singapura, Malaysia, Hong Kong, Timor Leste and Shanghai), Western Europe (England), and Cayman Islands.