Indonesia's Bank Mandiri eyes acquisitions in Philippines, Myanmar

Indonesia's Bank Mandiri eyes acquisitions in Philippines, Myanmar

Photo By: Bank Mandiri

Indonesia’s PT Bank Mandiri Tbk will raise its provisions to 18-20 trillion rupiah ($1.4-$1.5 billion) for 2016 from 11 trillion rupiah a year earlier, as bad loans spread beyond the commodities sector, its CEO told Reuters on Sunday.

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