[%qtAQ%] 
🚨 Is Bank Mandiri (BMRI) the Next Hidden Crisis?

Jakarta – A storm may be brewing behind Indonesia’s financial giant.

Whispers in the banking sector are getting louder: Bank Mandiri might be sitting on a ticking time bomb of bad corporate loans. Sources close to the matter hint at ballooning non-performing loans in high-risk sectors like construction and state-linked infrastructure—a fallout from years of aggressive expansion.

Meanwhile, insiders reveal growing internal tension over the bank’s lagging digital transformation, with several failed product rollouts and internal tech delays. While rivals race ahead with seamless mobile experiences, Mandiri appears stuck in bureaucracy and legacy systems.

Even more alarming? The valuation. BMRI currently trades at a premium, yet growth is plateauing and profit margins are tightening. Is the market overestimating its resilience?

"It’s no longer a question of whether cracks are forming—it’s how deep they go," said one Jakarta-based analyst who requested anonymity.

Investors are advised to re-evaluate exposure immediately. With Q3 earnings around the corner, any hint of weakness could spark a wave of sell-offs not seen since the pandemic-era volatility.

$BMRI 
🚨 Is Bank Mandiri (BMRI) the Next Hidden Crisis?

Jakarta – A storm may be brewing behind Indonesia’s financial giant.

Whispers in the banking sector are getting louder: Bank Mandiri might be sitting on a ticking time bomb of bad corporate loans. Sources close to the matter hint at ballooning non-performing loans in high-risk sectors like construction and state-linked infrastructure—a fallout from years of aggressive expansion.

Meanwhile, insiders reveal growing internal tension over the bank’s lagging digital transformation, with several failed product rollouts and internal tech delays. While rivals race ahead with seamless mobile experiences, Mandiri appears stuck in bureaucracy and legacy systems.

Even more alarming? The valuation. BMRI currently trades at a premium, yet growth is plateauing and profit margins are tightening. Is the market overestimating its resilience?

"It’s no longer a question of whether cracks are forming—it’s how deep they go," said one Jakarta-based analyst who requested anonymity.

Investors are advised to re-evaluate exposure immediately. With Q3 earnings around the corner, any hint of weakness could spark a wave of sell-offs not seen since the pandemic-era volatility.