Without a doubt, Bank Mandiri has inherited some of the sorriest retail customers ever to grace a bank with their money.

ECONOMIST: Indonesian banking

So Deutsche and its phalanxes of consultants have their work cut out if they are to turn Bank Mandiri into a money-maker.

ECONOMIST: Indonesian banking

Since the creation of Bank Mandiri, the consultants have had a field day, and they are boasting of the progress they have made.

ECONOMIST: Indonesian banking

Bank Muamalat, with its 41 branches and cash offices across the country, has been followed by state-owned Bank Mandiri Syariah, which has seven offices.

CNN: Islamic Finance 101

Bank Mandiri hopes to convince other banks' customers to give it a try, and at the same time persuade its own to close accounts elsewhere.

ECONOMIST: Indonesian banking

But of those that chose the state banks, most went either to Bank Negara Indonesia or to Bank Rakyat Indonesia: the four banks that now comprise Bank Mandiri received few of the new customers.

ECONOMIST: Indonesian banking

The Bank Mandiri accounts allow the overseas workers to deposit their pay back home and get help with their finances, but their true value lies in the future, says Riza Zulkifli, senior vice president of retail for the bank.

FORBES: Billionaire Ciputra Trains Indonesian Migrant Workers to Be their Own Boss