Jakarta, 6 May 2025 – Mandiri Group, which includes Bank Mandiri and Mandiri Sekuritas, reaffirms its commitment to accelerate national financial literacy and inclusion. In collaboration with the Indonesia Stock Exchange (IDX), Mandiri Group launched the “Smart Investment, Financial Independence 2025” (Cerdas Investasi, Finansial Mandiri) program as part of its efforts to enhance public understanding of the capital market. This program is designed to be accessible, inclusive, and capable of reaching broader segments of society, encouraging the public to begin investing wisely and responsibly.

This initiative also strengthens the positive momentum in improving financial literacy in Indonesia, which has shown encouraging progress over time, though significant room for development remains, particularly in the capital market sector. According to the 2024 National Survey on the Financial Literacy and Inclusion (SNLIK) by the Financial Service Authority (OJK), Indonesia’s Financial Literacy index reached 65.43%. Meanwhile, the latest survey on capital market literacy in 2022 indicated the figure remains at just 4.11%.

This cross-institutional collaboration was officially launched through a signing ceremony held at the Indonesia Stock Exchange Building in Jakarta on Tuesday (6/5). The event was attended by Bank Mandiri’s Executive Officer of Network and Retail Funding, Jan Winston Tambunan, along with the Bank Mandiri management team, IDX Director of Development Jeffrey Hendrik, Director of PT Kliring Penjaminan Efek Indonesia (KPEI/Indonesian Clearing and Guarantee Corporation) Antonius Herman Azwar, Director of PT Kustodian Sentral Efek Indonesia (KSEI/Indonesia Securities Depository and Settlement Institution) Eqy Essiqy, Director of PT Penyelenggara Program Investor Perlindungan Efek Indonesia (Indonesia SIPF/Statistics of Investor Protection Funds) Narotama Aryanto, and President Director of Mandiri Sekuritas Oki Ramadhana.

Evi Dempowati, SVP Retail Deposit Product and Solution at Bank Mandiri, said that as part of its long-term commitment of to enhance financial literacy and inclusion in Indonesia, Bank Mandiri continues to implement various strategic initiatives to reach diverse segments of society, from students and migrant workers to public and private institutions. Through this program, Bank Mandiri reinforces its role as a driver of change by delivering structured and inclusive education. “This strategic synergy represents Bank Mandiri’s commitment to accelerate financial literacy and inclusion in Indonesia. Through collaboration with Mandiri Sekuritas and IDX, we believe this effort will sustainably broaden the reach of financial education, empowering individuals to better manage their personal finances and contribute to the growth of the national capital market,” added Evi.

Oki Ramadhana, President Director of Mandiri Sekuritas, said, “This collaboration between Mandiri Sekuritas, Bank Mandiri and IDX is a tangible expression of our commitment to accelerate financial literacy and inclusion in the capital market among all segments in Indonesia. We believe that with a better understanding of finance and investment, the public will be more inclined to invest wisely in the capital market, ultimately fostering inclusive economic growth. Mandiri Sekuritas is supported by our digital platform Growin’ which is fully integrated with Livin’ by Mandiri, enabling users to conveniently access capital market investments anytime and from anywhere.”

Jeffrey Hendrik, Director of Development at IDX, emphasized that this synergy aligns with the Aku Investor Saham campaign and forms part of a broader strategic initiative to accelerate capital market inclusion in Indonesia. As of the end of April 2025, the number of capital market investors in Indonesia reached 16,2 million SID, with 6.87 million of them being stock investors. “Through this collaboration with the Mandiri Group, we are optimistic that the number of capital market investors in Indonesia will continue to grow, in line with improved financial literacy and broader access to safe and affordable investment opportunities,” said Jeffrey.

The Smart Investment, Financial Independence program includes topics such as the importance of opening investor savings accounts, basic capital market knowledge, and retirement planning. It is targeted at employees of Bank Mandiri and other institutions across Indonesia through further partnerships. The program aims to reach over 1.000.000 (one million) new customers by the end of 2025.