Bank Mandiri: A case in strategic transformation

Philippe Lasserre ()
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Philippe Lasserre: Insead, Postal: 1 Ayer Rajah Avenue, Singapore 138676, http://www.insead.edu/

Journal of Financial Transformation, 2003, vol. 9, 63-75

Abstract: In June 2003 Bank Mandiri announced that it would sell 20% of its total share capital through an initial public offering (IPO), making it the largest IPO in Indonesia since 1997. Bank Mandiri’s IPO, marks the completion of a turnaround that transformed four ailing state banks into one commercially viable giant. Here is an account of this change process.

Keywords: Bank Mandiri; corporate transformation; financial institutions (search for similar items in EconPapers)
JEL-codes: G21 (search for similar items in EconPapers)
Date: 2003
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Persistent link: https://EconPapers.repec.org/RePEc:ris:jofitr:1332

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