List of banks in Indonesia

This is a list of major banks in Indonesia.[1]

## Top 10 banks ranked by total assets

[edit]

As of 2024:

1. Bank Mandiri
2. Bank Rakyat Indonesia (BRI)
3. Bank Central Asia (BCA)
4. Bank Negara Indonesia (BNI)
5. Bank Tabungan Negara (BTN)
6. Bank Syariah Indonesia (BSI)
7. Bank CIMB Niaga
8. Bank OCBC Indonesia
9. Permata Bank
10. Bank Danamon

## Central Bank

[edit]

* Bank Indonesia

## Conventional banks

[edit]

### Government-owned banks

[edit]

#### State-owned

[edit]

Name of bank  | Founded  | Majority owner  | Notes

|
|
|

Main state-owned banks
Bank Mandiri | 2 October 1998  | Government of Indonesia | Foreign exchange bank
Bank Negara Indonesia (BNI)  | 5 July 1946
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

#### Regional-owned banks

[edit]

Main article: Indonesian regional development bank

Regional-owned banks are formally instituted as Bank Pembangunan Daerah (Regional Development Bank, abbreviated as BPD).

Name of Bank  | Founded  | Majority Owner  | Notes

|
|
|

Bank BPD Bali | 5 July 1962  | Bali Government  | Foreign exchange bank
Bank BPD DIY | 15 December 1961  | Special Region of Yogyakarta Government  | Non-foreign exchange bank
Bank Banten | 11 September 1992  | Banten Government
Bank Bengkulu | 9 August 1969  | Bengkulu Government
Bank BJB | 20 May 1961  | West Java Government  | Foreign exchange bank
Bank BSG | 17 March 1961  | Gorontalo and North Sulawesi Government  | 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  | West Kalimantan Government  | Non-foreign exchange bank
Bank Kalsel | 25 March 1964  | South Kalimantan Government
Bank Kalteng | 28 October 1961  | Central Kalimantan Government
Bankaltimtara | 14 October 1965  | East Kalimantan and North Kalimantan Government  | Foreign exchange bank
Bank Lampung | 1 August 1964  | Lampung Government  | Non-foreign exchange bank
Bank Maluku Malut | 25 October 1961  | Maluku and North Maluku Government
Bank Nagari | 12 March 1962  | West Sumatra Government  | Foreign exchange bank
Bank NTT | 17 July 1962  | East Nusa Tenggara Government
Bank Papua | 13 April 1966  | Papua and West Papua Government  | Non-foreign exchange bank
Bank Sulselbar | 13 January 1961  | South Sulawesi and West Sulawesi Government  | Foreign exchange bank
Bank Sulteng | 1 April 1969  | Central Sulawesi Government  | Non-foreign exchange bank
Bank Sultra | 2 March 1968  | Southeast Sulawesi Government
Bank Sumsel Babel | 6 November 1957  | South Sumatra and Bangka Belitung Islands Government  | Foreign exchange bank
Bank Sumut | 4 November 1961  | North Sumatra Government

### Private banks

[edit]

Name of Bank  | Founded  | Majority Owner  | Capital  | Notes

|
|
|
|

Foreign exchange banks
Bank ANZ Indonesia | 5 September 1990[3] | ANZ Bank |  |
Bank Artha Graha Internasional | 7 September 1973  | Artha Graha Network  |  |
Bank BNP Paribas Indonesia | 10 November 1989  | BNP Paribas |  |
Bank Bumi Arta | 3 March 1967  | Ajaib Group  |  |
Bank Capital Indonesia | 20 April 1989  | PT Capital Financial Indonesia  |  |
Bank Central Asia | 21 February 1957  | Djarum Group |  |
China Construction Bank Indonesia | 2 April 1974  | China Construction Bank |  |
Bank CIMB Niaga | 26 September 1955  | CIMB Group |  |
Bank CTBC Indonesia | 21 July 1995  | CTBC Financial Holding |  |
Bank Danamon | 16 July 1956  | MUFG[4] |  |
Bank DBS Indonesia | 30 June 1989[5] | DBS Bank |  |
Bank Ganesha | 15 May 1990[5] | PT Equity Development Investment  |  |
Bank Hana Indonesia | 27 April 1971  | Hana Financial Group |  |
Bank HSBC Indonesia | 15 May 1989  | HSBC |  |
Bank IBK Indonesia | 13 November 1973  | Industrial Bank of Korea |  |
Bank ICBC Indonesia | 15 May 1970  | ICBC |  |
Bank Ina Perdana | 9 February 1990  | Salim Group |  |
Bank Index Selindo | 30 July 1992  | PT Kazanah Indexindo  |  |
J Trust Bank | 30 May 1989  | J Trust  |  |
KB Bank | 10 July 1970  | KB Financial Group |  |
Bank Maspion | 6 November 1989  | Kasikornbank |  | Based in Surabaya
Bank Mayapada Internasional | 7 September 1989  | Mayapada Group |  |
Bank Maybank Indonesia | 15 May 1959  | Maybank |  |
Bank Mega | 15 April 1969  | Mega Corp |  |
Bank Mestika Dharma | 27 April 1955  | PT Mestika Buana Mas[6] |  | Based in Medan
Bank Mizuho Indonesia | 23 February 1989  | Mizuho Financial Group |  |
Bank MNC Internasional | 12 January 1990[7] | MNC Financial Services |  |
Bank Multiarta Sentosa | 28 July 1992  | Wings Group |  |
Nobu Bank | 16 August 1990  | Lippo Group |  |
Bank OCBC Indonesia | 4 April 1941  | OCBC Bank |  |
Bank of India Indonesia | 28 September 1968  | Bank of India |  |
Panin Bank | 17 August 1971  | Panin Financial  |  |
Permata Bank | 17 December 1954[8] | Bangkok Bank[9] |  |
Bank QNB Indonesia | 28 April 1913[10] | QNB Group |  |
Bank Resona Perdania | 31 December 1953  | Resona Holdings |  |
Bank SBI Indonesia | 21 October 1970[10] | State Bank of India |  |
Bank Shinhan Indonesia | 8 September 1967  | Shinhan Financial Group |  |
Bank Sinarmas | 18 August 1989  | Sinar Mas |  |
Bank SMBC Indonesia | 5 February 1958[11] | SMBC Group |  |
Bank UOB Indonesia | 31 August 1956  | United Overseas Bank |  |
Bank Victoria Internasional | 28 October 1992  | PT Victoria Investama[12] |  |
Bank Woori Saudara | 18 April 1906[13] | Woori Financial Group |  |
Non-foreign exchange banks
Allo Bank | 21 October 1992  | Mega Corp |  |
Amar Bank | 15 March 1991  | Tolaram Group |  |
Bank Digital BCA | 25 October 1965  | Bank Central Asia |  |
Bank Jago | 1 May 1992  | PT Metamorfosis Ekosistem Indonesia, GoTo Financial, and Northstar Group |  |
Bank Jasa Jakarta | 23 March 1971[14] | WeLab and Astra International |  |
Krom Bank | 16 March 1957  | Kredivo  |  |
Bank Neo Commerce | 19 September 1989  | Akulaku |  |
Bank Oke Indonesia | 15 August 1990  | Rush & Cash |  |
Bank Sahabat Sampoerna | 27 September 1990[14] | Sampoerna Strategic and Xendit  |  |
Bank Seabank Indonesia | 4 October 1991  | Sea Ltd |  |
Superbank | 5 March 1993  | Emtek, Grab, Singtel, and KakaoBank |  |

### Foreign banks

[edit]

Name of Bank  | Incorporated in Indonesia

|

Bank of America | 25 June 1968
Bank of China | 13 January 2003
Citibank | 14 June 1968
Deutsche Bank | 18 March 1969
JPMorgan Chase Bank | 17 June 1968
MUFG Bank | 24 August 1968
Standard Chartered | 1 October 1968

## Islamic Banks

[edit]

### Sharia bank

[edit]

#### Government-owned sharia banks

[edit]

Name of Bank  | Founded  | Majority Owner  | Notes

|
|
|

Bank Syariah Indonesia | 3 July 1969  | Government of Indonesia | Foreign exchange bank
Regional sharia banks
Bank Aceh Syariah | 7 September 1957  | Aceh Government  | Non-foreign exchange bank
Bank BJB Syariah | 15 January 2010  | Bank BJB
Bank BRK Syariah | 15 August 1961  | Riau dan Riau Islands Government  | Foreign exchange bank
Bank NTB Syariah | 5 July 1964  | West Nusa Tenggara Government  | Non-foreign exchange bank

#### Private sharia banks

[edit]

Name of Bank  | Founded  | Majority Owner  | Notes

|
|
|

Bank Aladin Syariah | 16 September 1994[15] | Aladin Global Ventures  | Foreign exchange bank
Bank BCA Syariah | 21 May 1991  | Bank Central Asia | Non-foreign exchange bank
Bank BTPN Syariah | 7 March 1991  | Bank SMBC Indonesia
KB Bank Syariah | 24 December 1971  | KB Bank
Bank Mega Syariah | 14 July 1990  | Bank Mega  | Foreign exchange bank
Bank Muamalat Indonesia | 1 November 1991  | Hajj Fund Management Agency
Bank Nano Syariah | 2 January 2024  | Bank Sinarmas | Non-foreign exchange bank
Panin Dubai Syariah Bank | 8 January 1972[10] | Panin Bank and Dubai Islamic Bank | Foreign exchange bank
Bank Victoria Syariah | 15 April 1966  | Bank Victoria Internasional  | Non-foreign exchange bank

### Islamic banking unit of conventional banks

[edit]

Name  | Founded

|

Regional-owned banks
Bank BPD DIY Syariah | 19 February 2007
Bank DKI Syariah | 8 March 2004
Bank Jambi Syariah | December 2011[16]
Bank Jateng Syariah | 26 April 2008
Bank Jatim Syariah | 21 August 2007
Bank Kalbar Syariah | 12 December 2005
Bank Kalsel Syariah | 13 August 2004
Bankaltimtara Syariah | 27 December 2006
Bank Nagari Syariah | 28 September 2006
Bank Sulselbar Syariah | 28 April 2007
Bank Sumsel Babel Syariah | 2 January 2006
Bank Sumut Syariah | 4 November 2004
Private banks
Bank CIMB Niaga Syariah | 27 September 2004[17]
Bank Danamon Syariah | 14 May 2002[18]
Bank Jago Syariah | 23 September 2021
Bank Maybank Syariah Indonesia | 20 May 2003
Bank OCBC Syariah Indonesia | 12 October 2009[19]
Permata Bank Syariah | 10 November 2004[20]

## Multilateral banks and financial institutions

[edit]

* World Bank[21]
* International Monetary Fund[22]
* Asian Development Bank[23]

## Representative offices in Jakarta

[edit]

Australia

* National Australia Bank
* Westpac Banking Corporation[24]

Belgium

* Fortis Bank[24]

France

* BNP Paribas[24]
* Caylon Corp and Inv Bank[24]
* Natixis[24]
* Banque Societe Generale Indonesia[24]

Germany

* LBBW (Landesbank Baden-Wuerttemberg)[24]
* Dresdner Bank AG[24]
* Commerzbank AG[24]

India

* ICICI Bank[24]
* Bank of India[24]
* State Bank of India[24]

Japan

* Japan Bank for International Cooperation[24]
* The Sumitomo Trust & Banking Co. Ltd[24]

Netherlands

* ING Bank NV[24]
* NV De Indonesische Overzeese Bank[24]

Singapore

* OCBC Bank[24]
* United Overseas Bank[24]

Switzerland

* EFG Bank[24]
* UBS AG Jakarta Representative Office[24]

Taiwan

* The Exim Bank of Republic of China[24]

United States

* Bank of New York[24]
* Wachovia Bank N.A.[24]

## See also

[edit]

* ATM Bersama
* Economy of Indonesia

## References

[edit]

1. ^ "Institutions - Central Bank of Republic of Indonesia". Archived from the original on 4 January 2010. Retrieved 30 December 2009.
2. ^ Elib.unikom.ac.id
3. ^ ANZ Indonesia 2014 Report
4. ^ Tambah Kepemilikan di BDMN dan BBNP, MUFG Transaksi Saham Rp49,6 Triliun
5. ^ a b Perbankan Indonesia pasca krisis: analisis, prospek, dan profil
6. ^ bankmestika.co.id
7. ^ "id.icbbumiputera.co.id". Archived from the original on 4 February 2010. Retrieved 4 February 2010.
8. ^ Informasi, Masalah 215-220
9. ^ "Bangkok Bank acquires majority stake in Bank Permata for $2.3b". The Jakarta Post. Retrieved 30 July 2020.
10. ^ a b c Indonesia Bank Directory
11. ^ profil-pt-bank-btpn-tbk
12. ^ victoriabank.co.id
13. ^ Bank Saudara 1906-2006 : Seratus Tahun Perjalanan Bank Urang Sunda
14. ^ a b Informasi, Masalah 7-12
15. ^ Perbankan Indonesia pasca krisis: analisis, prospek, dan profil
16. ^ Unit Usaha Syariah BPD Jambi, Jadi Bank Umum Syariah pada 2020
17. ^ Ummi, Volume 16, Masalah 7-12
18. ^ Bank Danamon
19. ^ OCBC NISP Syariah Memperkenalkan Tabungan Simpel iB di Makassar
20. ^ Repository.umy.ac.id
21. ^ 'World Bank Indonesia website'.
22. ^ 'IMF Office in Indonesia' website.
23. ^ 'Indonesia and ADB', website.
24. ^ a b c d e f g h i j k l m n o p q r s t u v w "Foreign Representative Office Address". Retrieved 29 December 2009.

## External links

[edit]

* Regional Banks Association (Asbanda)
* Indonesian Banks Association (Perbanas)

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