PT BANK MANDIRI (PERSERO) TBK | Bank Mandiri Helps Distribute Sinabung Assistance Using E-Money | |
| 10/29/14 | |
Jakarta, 29 October 2014 - Bank Mandiri is channeling assistance using its electronic money (e-money) facilities to hundreds of families that have fallen victim to the Mount Sinabung volcanic eruption in North Sumatra. Bank Mandiri Corporate Secretary Rohan Hafas said that those who were entitled to receive assistance could collect it through Bank Mandiri offices, as well as retail outlets and post offices. "We will send assistance to the victims of the eruption through accounts that have the same numbers as the recipients' mobile phones," Rohan said. Previously, Bank Mandiri tested the channeling of Program Keluarga Harapan (Family Hope Program / PKH) funds using electronic money channels through the use of a Digital Finance Services Agency (LKD) as the payment agency in Tugu Selatan sub-district, Koja District, North Jakarta. The tryout was conducted in collaboration with Bank Indonesia, the Ministry of Social Affairs, Ministry of Planning / Bappenas, Ministry of Finance and National Poverty Reduction Acceleration Team (TNP2K). As part of the PKH assistance distribution process, the money is transferred directly by Bank Mandiri to each recipient's mobile phone number. This development of this assistance distribution arrangement, continued Rohan, forms part of Bank Mandiri's efforts to support Bank Indonesia's National Non-Cash Movement (GNNT). In addition, it is expected to increase public awareness of non-cash banking services so as to boost transaction efficiency and effectiveness. "Based on our branchless banking trials last year, we are optimistic that this concept will bring the Bank closer to the people so as to increase the level of financial inclusion in Indonesia," Rohan said. About PT Bank Mandiri (Persero) Tbk Bank Mandiri is the largest Bank in Indonesia, providing services in the corporate, commercial, micro & retail, consumer finance and treasury, and financial institutions & special asset management segments. The Bank's subsidiaries are Mandiri Sekuritas (capital markets), Bank Syariah Mandiri (Shariah banking), AXA-Mandiri Financial Services (life insurance), Bank Sinar Harapan Bali (micro, small, and medium enterprise sector), Mandiri Tunas Finance (financing), Mandiri Axa General Insurance (general insurance) and Inhealth Indonesia (life and health insurance). As of the end of September 2014, Bank Mandiri employed 34,475 staff, and operated 2,154 branches in Indonesia, and 7 branches/representative offices/subsidiaries overseas. The Bank operated 13,309 ATMs (connected to the ATM Link, ATM Bersama, ATM Prima dan Visa/Plus networks), and 262,860 Electronic Data Capture machines, in addition to offering a range of other electronic channels, including Internet Banking, SMS Banking and call-center services. For further information, please contact:
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