Jakarta, CNBC Indonesia – PT Bank Mandiri (Persero) Tbk (BMRI) confirmed that it has no plans to acquire small banks to become digital banks. The company emphasized the focus on internal digitization, as well as maximizing the role of the Livin and Kopra applications to provide services in the digital era.
This assurance was conveyed by the President Director of Bank Mandiri, Darmawan Junaidi. He said the development of Livin and Kopra will continue because these two applications have great prospects to support BMRI’s business in the future.
“Until now, there is no such plan (to acquire a small bank) and there is no relevant information that can be conveyed regarding this question. Bank Mandiri will continue to expand collaboration with open banking so that the ecosystem expands. We are also developing portal APIs, direct debit, international payment acceptance , so that later as a financial conglomerate, Bank Mandiri will have a complete product and service offering,” said Darmawan, Wednesday (27/4/2022).
During the first quarter of 2022, the number of wholesale transactions made via the Kopra application reached 169 million times, a twofold increase compared to the previous period. This increase made the commission-based revenue from the application grow 13.3 percent to Rp 512 billion.
The growth of Kopra application users occurs in line with the increasing number of Bank Mandiri customers who use the Livin application. The number of transactions in Livin per quarter I/2022 grew 71% on an annual basis to 417 million times.
At the same time, the Gross Transaction Value (GTV) or the gross value of transactions via Livin reached Rp 508 trillion, up 49% YoY. This application has been downloaded 12 million times and its registered users reached 11 million as of the end of March 2022.
“In the future, if we take corporate action, it will certainly provide added value for shareholders and will be carried out based on business considerations and the applicable transparency principle,” he said.
Metaverse with Wir Asia
At the same time, Darmawan said the company had agreed to cooperate with PT Wir Asia Tbk (WIRG) to develop the metaverse world. However, talks between BMRI and WIRG are still at an early stage.
“For us, the metaverse is still at a very early stage, so we are still in the process of exploring and understanding the potential value in it,” he said.
According to Darmawan, BMRI and WIRG agreed that in the future there will be many communities who are active and gather in Metaverse. Therefore, the initial stage of discussions regarding the virtual world is currently being carried out by the two companies.
Some time ago, Wir Asia’s Chief Marketing Officer, Gupta Sitorus, said that the company was here because of the high demand for the use of digital technology. This need is followed by the increasing role of technology as a solution in various fields.
Wir Asia has a vision to provide a world of Metaverse that everyone can enjoy. This technology issuer’s mission is to enrich the life experiences of individuals, companies and communities through digital reality solutions through AR, VR and AI.
Gupta said that WIRG focuses on building the metaverse world because the company has been working in the fields of AR (Augmented Reality), VR (Visual Reality) and AI (Artificial Intelligence) since 2009.
The company believes that the metaverse will become a gateway that brings people to various digital experiences and absorbs new workforce.