Finance Markets

Brexit: BNI And Mandiri To Build A New Branch

When the referendum on June 26 decided on Brexit, PT Bank Negara Indonesia (Persero) Tbk (BBNI) and PT Bank Mandiri (Persero) Tbk (BMRI) are the two banks that will participate at a loss. This is because Bank BNI and Bank Mandiri has branches in London, England, and in other European countries.
Activities of the Bank BNI and Bank Mandiri are quite high in the area of trade finance and it requires complete network. Import-export transactions to Europe are quite high, where imports into the EU in 2014 reached US $ 12.7 billion and exports of US $ 16.9 billion. Transactions to England also cannot be ignored with imported US $ 894 million and exports of US $ 1.66 billion.

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Rowena Suryobroto


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