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PT Bank Pembangunan Daerah Kalimantan Timur dan Kalimantan Utara (lit. ' Regional Development Bank of East Kalimantan and North Kalimantan ' ), doing business as Bankaltimtara , is an Indonesian regional development bank serving East Kalimantan and North Kalimantan .
Bank BTN became the first bank to be appointed by the government to provide housing finance and mortgages to lower and middle income individuals. [6] The bank underwent a corporate restructure in 2003, which was followed by an initial public offering (IPO) in 2009 that led to the listing of Bank BTN on the Indonesia Stock Exchange. [7]
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 ...
Also in 1955, Bank Negara Indonesia officially opened its first foreign branch in Singapore. [9] 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.
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