Bank Mandiri was established in 1988 in Indonesia as a result of a merger of four state-owned banks. Bank Mandiri operates as a universal bank, offering retail, corporate and investment banking products and services.
PT. BANK MANDIRI (PERSERO) Tbk has Category B banking license number 99010 issued by the Cayman Islands Monetary Authority. This type of license allows PT. BANK MANDIRI (PERSERO) Tbk to conduct banking operations with non-residents and domestic banking business with other Cayman Islands licenced entities.
There is no deposit guarantee scheme in the Cayman Islands: in the case of PT. BANK MANDIRI (PERSERO) Tbk failure its depositors will not get any compensation.