Jayapura, 18 July 2024 – PT Mandiri Sekuritas (Mandiri Sekuritas/Company) in collaboration with its parent company, Bank Mandiri, officially opened MOST Corner at Bank Mandiri's Jayapura branch, Papua. MOST Corner by Mandiri Sekuritas in Papua aims to facilitate customers in receiving education and capital market investment opportunities, especially through stock products.

Data from the Financial Services Authority (OJK) in Papua states that as of February 2024, stock transactions in Papua reached Rp167,73 billion, and the total Single Investor Identification (SID) accounts recorded reached 59,416 accounts, an increase of 27,93 percent compared to the same period in 2023.

Theodora VN Manik, Director of Retail at Mandiri Sekuritas stated, "We are very pleased with the opening of MOST Corner in Papua. It shows our commitment to continuously expanding and improving services for Indonesian capital market customers. In addition, the presence of MOST Corner in Papua is a form of our support for Bank Mandiri's sustainable innovations throughout Indonesia, as well as the financial literacy and inclusion programs of the Indonesia Stock Exchange (IDX) and OJK."

"We believe that the presence of the MOST Corner facility in Papua will increase capital market financial inclusion as customers will be assisted in opening a Customer Fund Account or RDN in Livin' by Mandiri, registering on MOST trading application, and can immediately trade stocks anywhere, anytime. Customers in Papua can easily invest in stocks for their stronger financial future," explained Theodora.

In line with Theodora, Wisnu Jatmiko, Regional CEO of Bank Mandiri Regional Office XII, said, "This initiative is a supportive act from Bank Mandiri Group for the financial literacy and inclusion program from OJK and 'Yuk Nabung Saham' (Let's Save in Stocks) movement from the IDX. Moreover, this initiative is aimed to build customer awareness and motivation through education and up-to-date information about investing in the capital market, including acquiring new customers through easy registration in the Livin' by Mandiri superapp."

"MOST Corner by Mandiri Sekuritas is expected to build a positive culture of investing and saving as a part of the lifestyle of people in Papua," Wisnu concluded.

MOST Corner, located at Jl. Ahmad Yani No. 14, Gurabesi, North Jayapura, is Mandiri Sekuritas' first facility in Papua and 3rd representative of the Company in Eastern Indonesia. Mandiri Sekuritas has representatives in Makassar and Kendari.