- Until the end of December 2009, the bank had to channel financing of Rp 14.8 trillion to the food sector. This figure grew 11 percent compared with 2008.

Director of Corporate Banking Bank Mandiri Riswinandi Friday (29 / 1) in Jakarta said the soil and climate conditions in Indonesia strongly supports the development of various food commodities.

Indonesia also has a human resources with knowledge and experience of good farming, and the high interest of investors to invest their capital in the food sector. “The factors driving growth into the food sector in Indonesia, Bank Mandiri to it actively facilitate efforts to increase food production homeland,” said Riswinandi.

Bank Mandiri’s commitment to support the food sector and provide capital facilities are not only targeting the corporate sector or large companies, but also to SMEs, cooperatives, farmers, and other retail segments. Financing facilities to large corporate credit products provided through investment and working capital loans to support expansion and business activities. Bank Mandiri also provides cash management services to facilitate the company’s financial transactions.

Bank Mandiri also actively working capital loans distributed to retailers. While financing for the small farmer credit facility provided through Food Security and Energy (CTF-E), Credit Development and Revitalization Bio Energy Plantations (KPEN-RP), Pattern Development Environmental Partnership (PKBL), and plasma plantations.

According to Riswinandi, the number of farmers who got financing facility of Bank Mandiri in 2009 were recorded as many as 96,488 farmers, higher than 2008 as many as 93,464 farmers. While cooperatives that have related development financing facility to reach 119 food cooperatives, up from 103 cooperatives in 2008.

One of the efforts of Bank Mandiri to realize the commitments in the food sector is developing in Papua Investment Day held in October 2009, which aims to bring together relevant stakeholders, namely investors and regional governments of Papua and Bank Mandiri are intended to provide extensive information about the investment potential of food and discuss the potential and constraints of investment in Papua, and the formulation of follow-up to its realization.