Best private bank: Bank Mandiri
Bank Mandiri’s national reach and expanding wealth proposition position it as a central player in a market characterised by rising financial literacy, growing middle‑class investable assets and broader adoption of digital financial services.
Indonesia’s fast‑growing affluent segment – which represents less than 1% of the population yet holds over 70% of the country’s onshore liquid assets – provides fertile ground for domestic institutions to scale advisory, distribution and product depth, and Bank Mandiri delivers on all three fronts.
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