Record of Approval on an Absence-of-Objection Basis on June 8, 2026 - Indonesia Guarantees to Non-Shareholder Loans to PT Bank Mandiri (Persero) Tbk

Jul 19, 2026

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Item approved on an absence-of-objection basis for Indonesia on Monday, June 8, 2026. The Board of Directors, by special majority, approved the President’s proposal to issue guarantees up to US$947.6 million in favor of The Hongkong and Shanghai Banking Corporation Limited, Singapore Branch, and/or its group companies, subsidiaries, affiliates, and other lenders yet to be identified for Non-Shareholder Loans to PT Bank Mandiri (Persero) Tbk. Lailee Jane Moghtader requested to be recorded as objecting.

LanguageEnglish

CategoryResearch & Report

FormatPDF

Pages1

Reading Time3 min

Approval Summary

Approval date and jurisdiction

Guarantee scope and beneficiaries

References and objections

FAQs

What is the approval basis and date stated in the document?

The approval is on an absence-of-objection basis and is dated Monday, June 8, 2026.

Who approved the guarantees and what was approved?

The Board of Directors approved, by special majority, the President’s proposal to issue guarantees up to US$947.6 million.

Who are the guarantee beneficiaries and what loans are covered?

The guarantees are for The Hongkong and Shanghai Banking Corporation Limited, Singapore Branch, and/or related group entities and other identified lenders, covering Non-Shareholder Loans to PT Bank Mandiri (Persero) Tbk.

Jul 19, 2026

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