Singapore – Bank Mandiri has earned international recognition once again by securing three prestigious awards at the 18th Annual Treasury & FX Awards 2025, held by Alpha Southeast Asia. The event took place in Singapore on Monday, June 30, 2025, celebrating regional excellence in treasury and foreign exchange services.
Ari Rizaldi, Executive Vice President of Treasury & International Banking at Bank Mandiri, highlighted that the awards represent the institution’s growing recognition for quality and innovation in treasury solutions across Southeast Asia.
“These awards reflect our ongoing efforts in aligning digital transformation with a deep understanding of client needs in dynamic markets. We are committed to strengthening FX and treasury solutions that are both adaptive and relevant,” he said in an official statement on July 14, 2025.
The three honors secured by Bank Mandiri include Best FX Bank for Corporates and Financial Institutions, Best FX Bank for Hedging Requirements (Onshore Middle Market & SMEs), and Best Online FX Platform. These accolades further cement Bank Mandiri’s role as a major player in both corporate and SME FX services.
The Best FX Bank for Corporates and Financial Institutions category marked the bank’s 15th consecutive win, recognizing its continued support for large-scale institutional clients. Meanwhile, the Hedging Requirements award spotlighted Bank Mandiri’s ability to deliver comprehensive risk management instruments, including Cross Currency Swap (CCS), Interest Rate Swap (IRS), FX Forward, and FX Options.
The recognition for Best Online FX Platform reflects Mandiri’s success in fast-tracking its integrated digital transaction ecosystem, especially through Kopra by Mandiri. This platform streamlines FX transactions, liquidity management, and financing services for corporate and SME clients in real-time.
Bank Mandiri’s eFX and end-to-end e-trading systems have enabled faster, more secure, and market-responsive transactions. Notably, digital FX transaction volume has grown by 32% year-over-year, signaling the success of the bank’s digital strategy and its efforts to expand accessibility across market segments.
In addition to technology, Mandiri has also focused on enhancing its advisory services, tailoring solutions to clients’ unique risk profiles. Ari emphasized the importance of strategic collaboration across business units in developing holistic treasury offerings.
“This achievement is driven by our people – the Mandiri team. Their dedication to delivering quality and building client trust continues to be our foundation for long-term performance,” Ari added.
Looking ahead, Bank Mandiri aims to strengthen its digital infrastructure, expand its customer base, and maintain its momentum through a solution-driven approach, reaffirming its role as a strategic partner in the national and global financial landscape.
