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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 ...
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 ...
It was renamed Bank of Commerce Berhad (BCB) following its purchase by the UMNO-owned Fleet Holdings, which was led by Tan Sri Tengku Razaleigh Tengku Mohd Hamzah & Tun Dr. Abdul Daim Zainuddin (then part-owner of TV3, NSTP, and Celcom) in 1979. The bank had RM367 million in total assets and total shareholders' funds of RM12.8 million in 1982.
The bank started its history in 1989 under the name "PT Bank Shinta Indonesia", and is owned by the Hermijanto family-owned Shinta Group which is engaged in the textile and manufacturing industries. [4] In 1993, the bank opened a branch office in Bandung, and a year later, the Ministry of Finance designated the bank as a perception bank. In ...
Bank Mandiri is the result of the merger made by Indonesian government from four older government-owned banks that failed in 1998. Those four banks were Bank Bumi Daya, Bank Dagang Negara, Bank Ekspor Impor Indonesia, and Bank Pembangunan Indonesia. During the amalgamation and reorganisation, the government reduced the number of branches by 194 ...
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.
PT Bank Danamon Indonesia Tbk is an Indonesian bank established in 1956. It is the sixth largest bank in Indonesia by asset size. [2] History
In Indonesia, state-owned enterprises (Indonesian: Badan Usaha Milik Negara (BUMN)) play an important role in the national economy. Their roles includes contributor for national economy growth , providing goods or services which are not covered by private company , employment provider, providing support guidance to small and medium businesses ...