Bank Mandiri (BMRI) reported a 9.9% growth in net profit to Rp27.5 trillion in 2019. It slowed from 21.4% growth in 2018 (Rp25 trillion). In the fourth quarter (Q4), it booked profit after tax of Rp7.23 trillion, up 4.5% year on year (y/y), and grew 7.6% compared to Q3 of 2019 (Rp6.7 trillion).

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