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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. [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.
The bank obtained its license as a foreign exchange bank in 1988. The company then became publicly listed in the Jakarta Stock Exchange and Surabaya Stock Exchange (now merged as the Indonesia Stock Exchange) in 1989. In August 2005, Sinar Mas group became the owner. [4]
PT Bank Mandiri (Persero) Tbk or Bank Mandiri, headquartered in Jakarta, [2] is the largest bank in Indonesia in terms of assets, loans and deposits. [3] Total assets as of 2022, were 1.992 Trillion rupiah (around US$133 Billion). As of 2022, Bank Mandiri is the largest bank in Indonesia by total assets. [4]
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 ...
Smart Tbk, the palm-oil producing subsidiary of Sinarmas Group, has been accused by Greenpeace of causing deforestation of Indonesian rainforests. [12] To investigate this accusation, Smart Tbk has appointed Control Union Certification and BSI Group , [ 13 ] assisted by two researchers from the Bogor Agricultural Institute .
PT Bank CIMB Niaga Tbk is Indonesia's sixth largest bank by assets, established in 1955. CIMB Niaga, which is majority-owned by CIMB Group, is the largest payment bank in terms of transaction value under the Indonesian Central Securities Depository. With 11% of market share, CIMB Niaga is the third largest mortgage provider in Indonesia. [1]
PT Bank Sinarmas Tbk is a subsidiary of Sinar Mas Multiartha engaged in banking. To support its business activities, by the end of 2020, the bank has 69 branch offices , 134 sub-branch offices, 140 cash offices, 28 sharia branch offices, and 12 sharia cash offices.
Through PT. Bakrie Sumatra Plantations, Bakrie Group managed an estimated 100,000 ha of rubber and palm oil plantation in the island of Sumatra. [28] Bakrie Sumatera Plantations Tbk (BSP) is a subsidiary of Bakrie Group. [28] BSP has extensive landbanks. [29] One of its directors is Bungaran Saragih, a former minister of agriculture.