PT Bank Mandiri Persero TBK (OTCMKTS:PPERY) Hits New 1-Year Low – Here’s Why

PT Bank Mandiri Persero TBK (OTCMKTS:PPERY) reached a new 52-week low during trading on Friday . The company traded as low as $8.54 and last traded at $8.67, with a volume of 1317647 shares traded. The stock had previously closed at $8.98.

PT Bank Mandiri Persero TBK Trading Down 3.5%

The stock has a 50-day moving average of $10.29 and a 200 day moving average of $11.28.

PT Bank Mandiri Persero TBK Company Profile

PT Bank Mandiri (Persero) Tbk is one of Indonesia’s largest banking groups, providing a full range of commercial banking services to corporate, commercial, small and medium-sized enterprises (SMEs) and retail customers. The bank was established in 1998 through a government-led consolidation of four state-owned banks as part of efforts to strengthen the financial system during the Asian financial crisis. Since then it has grown into a diversified financial services franchise offering deposit taking, lending, trade finance, payment and cash management, treasury, and wealth-management services.

Bank Mandiri’s product suite spans traditional retail and corporate banking products — including savings and time deposits, consumer and mortgage loans, working capital and project financing — alongside specialized services such as trade and export-import finance, foreign exchange and treasury solutions, card products, and digital banking channels.