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Non-foreign exchange bank Bank DKI: 11 April 1961 Special Capital Region of Jakarta Government Foreign exchange bank Bank Jambi: 12 February 1959 Jambi Government Non-foreign exchange bank Bank Jateng: 13 March 1963 Central Java Government Foreign exchange bank Bank Jatim: 17 August 1961 East Java Government Bank Kalbar: 28 November 1963
In June 1989, Bank Niaga made an initial public offering (IPO) to be listed on the Indonesian Stock Exchange. The shares were over-subscribed by four times the issued shares at 20.9 million shares. In 1991, Bank Niaga became the first bank to provide online banking facilities in Indonesia. [2] In 1998, Bank Niaga expanded its customer base and ...
2008: CIMB Group entered into an agreement for a 19.99% stake in Bank of Yingkou adding mainland China to the Group's network. In the same year CIMB Group undertook the merger of PT Bank Niaga TBK with PT Bank Lippo Tbk to create the sixth-largest bank in Indonesia. CIMB Group and the Principal Financial Group launched CIMB-Principal Islamic ...
In 1997, Bank NISP entered a joint venture with OCBC Indonesia, with the opening of PT Bank OCBC-NISP, with an initial paid-up capital of 150 billion rupiah. [6] Since then, OCBC has been buying shares from shareholders within the bank and also from President Director and CEO, Parwati Surjaudaja, who sold 22.5% of her shares to OCBC in 2004. [7]
For example, if a bank in the United States makes a loan to a customer by depositing the loan proceeds in that customer's checking account, the bank typically records this event by debiting an asset account on the bank's books (called loans receivable or some similar name) and credits the deposit liability or checking account of the customer on ...
The NIEM was founded in 1857 by Paulus Tiedeman Jr. and Carel Wiggers van Kerchem [], initially as a subsidiary of their Tiedeman & van Kerchem partnership. [2] It was only the second private financial institution (after the Bank of Java, established in 1828) from which merchants and traders in the Dutch East Indies could receive credit, [3]: 263 as the Netherlands Trading Society had not yet ...
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. [5] It specialises in small scale and microfinance [6] style borrowing from and lending to its approximately 30 million retail clients through its over 8,600 branches, units and rural service posts.
Also in 1955, Bank Negara Indonesia officially opened its first foreign branch in Singapore. [10] In 1965, it became a single-tier bank (even Bank Indonesia was absorbed); BNI was the bank that granted the first foreign bank licenses during the transition to the New Order, shortly before the reestablishment of Bank Indonesia that same year.