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PT Bank Rakyat Indonesia (Persero) Tbk (lit. "Indonesian People's Bank"), commonly known as Bank BRI or just BRI, is one of the largest banks in Indonesia. [4] It specialises in small scale and microfinance [5] style borrowing from and lending to its approximately 30 million retail clients through its over 8,600 branches, units and rural service posts.
A subsidiary of the then Midland Bank, it pioneered the concepts of no branches and 24-hour service through a call center. The commercialization of the Internet in the early 1990s was the biggest driver in the creation of fully direct banking models. In the 1990s, internet-only banks or "virtual banks" appeared.
Regional Development Banks (Indonesian: Bank Pembangunan Daerah, or BPD) are a type of bank in Indonesia that is established and owned by the local provincial government. Its purpose is to boost regional development and provide initial capital to the province that private banks would not risk giving, as well as giving basic financial services ...
Bank Pembangunan Indonesia (Bapindo), state-owned since establishment; Bank Rakyat Indonesia was known as 1845: "Purwokertoan Assistance and Savings Bank for Native Aristocrats" (Dutch: De Purwokertosche Hulp- en Spaarbank der Inlandsche Hoofden). 1934-42: "General Public Credit Bank" (Dutch: Algemene Volkskredietbank),
Dana is a digital financial service based in Jakarta, Indonesia, which acts as a digital payment to replace conventional wallets.Founded in 2018, Dana is a digital wallet registered with Bank Indonesia with four licenses including electronic money, digital wallet, money transfer, and digital financial liquidity.
Bank Rakyat Indonesia (BRI) 16 December 1895 Bank Tabungan Negara (BTN) 16 October 1897 [2] Subsidiaries of state-owned banks Bank Mandiri Taspen: 23 February 1970 Bank Mandiri, PT Taspen Non-foreign exchange bank Hibank: 25 February 1993 Bank Negara Indonesia: Foreign exchange bank Bank Raya Indonesia: 27 September 1989 Bank Rakyat Indonesia
Online banking, also known as internet banking, virtual banking, web banking or home banking, is a system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website or mobile app. Since the early 2010s, this has become the most common way that ...
It is developed by PT Fintek Karya Nusantara, a company owned by various state-owned companies; including Telkomsel – itself a subsidiary of Telkom Indonesia, state-owned banks (Bank Mandiri, BRI, BNI, and BTN), Pertamina, Jiwasraya, and Danareksa.