Bank Mandiri was established on 2 October 1998, as part of the bank restructuring program of the Government of Indonesia. In July 1999, four state-owned banks - Bank Bumi Daya, Bank Dagang Negara, Bank Exim and Bapindo - were amalgamated into Bank Mandiri. The history of these four banks can be traced back to over 140 years, and together they had contributed to the beginning of the Indonesian banking sector. Bank Mandiri as a friend of the nation represents a concept of services offered by the largest bank in Indonesia; with products and services in hand, the Bank is capable of inspiring, working and growing together as well as providing support to the whole society.

Adhering to the principles of good corporate governance, during the year 2015 Bank Mandiri did not only manage to carry out its business plan, make progress and record business growth, but it also made significant contributions to improving the welfare of the society. Bank Mandiri is committed to consistently be a friend of the nation by undertaking work in national development to achieve the future goal of bringing on a better Indonesia.

The change of Bank Sinar Harapan Bali name to be Bank Mandiri Taspen Pos (Bank Mantap) is not just a name change, but affirming our service commitment to the public and our stakeholders as well as to all Indonesian people. The name change also followed by a renewed commitment to improve performance and provide meaningful benefits to all Bank Mantap stakeholders. Bank Mandiri Taspen Pos continues to grow and consistently takes its first steps toward achieving the vision and mission as part of the financial industry which is scattered in serving nationwide customers.

Bank Mantap track record with stakes by 3 State Owned Enterprises (BUMN) with specialized competence at each business, PT Bank Mandiri (Persero) Tbk, PT TASPEN (Persero) and PT Pos Indonesia (Persero) will give momentum of sustained growth for the Bank.

Citilink Indonesia has become the fastest growing airline in Indonesia since 2011 at the time when it took the first Airbus A320 aircraft and accelerated growth as part of Garuda Group’s effort to compete aggressively on the budget traveler segment.

PT Citilink Indonesia is a subsidiary of Garuda Indonesia which based on the Natakusumah Notarial Deed No. 01 dated January 6th, 2009 in Sidoarjo, East Java. The deed of establishment was approved by Ministry of Law and Human Rights (Kemenkunham) under approval letter No. AHU-14555.AH.01.01 year 2009 dated April 22nd, 2009. Citilink Indonesia's shareholder at the time of its establishment was 67% PT Garuda Indonesia (Persero) Tbk. ("Garuda") and 33% PT Aerowisata ("Aerowisata").

PT Nindya Beton is a subsidiary of PT Nindya Karya and PT Perusahaan Pengelola Aset which was established based on Notarial Deed, Khairina, SH in Jakarta, No. 33, dated 19 February 2013, which was ratified by the Minister of Law and Human Rights of the Republic of Indonesia Number: AHU-10206.AH.01.01 dated 4 March 2013, Deed of Amendment: No. 21 dated October 11, 2021.

PT Nindya Beton is a company that runs businesses in the fields of precast concrete, readymix, construction service and other related businesses.

PT Virama Karya (Persero) is a consulting company specializing in engineering services and management in the field of road and bridge transportation and other civil engineering fields. At first, this company was a Dutch private company named NV. Architecten Ingenieurs Bureau Fermon Cuypers which was founded in 1961. The company was nationalized through government regulation (PP) No. 56/1961, and operates under the guidance of the Ministry of Electricity and Public Works. Then in 1970, it became a Persero PT Virama Karya based on PP No. 38/1970, with guidance from the Ministry of Public Works and the Ministry of Finance. From 1971 until now many works have been entrusted to PT Virama Karya, both for spatial planning, mapping, road and bridge as well as dam and irrigation work.