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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 Saudara was founded in 1906 by ten merchants of Pasar Baru in Bandung, West Java. The Bank's products and services include savings and checking accounts, fixed deposits, credit loans and other banking service. On 14 March 2012, Bank Saudara announced a plan to merge with Bank Woori Indonesia, Indonesian subsidiary of Woori Bank of South ...
Bank Pembangunan Indonesia (Bapindo), state-owned since establishment; Bank Rakyat Indonesia was known as 1845: "Purwokertoan Assistance and Savings Bank for Native Aristocrats" (Dutch: De Purwokertosche Hulp- en Spaarbank der Inlandsche Hoofden). 1934-42: "General Public Credit Bank" (Dutch: Algemene Volkskredietbank),
In 2001, Asia Pulp & Paper (APP), the subsidiary of Sinar Mas, called a standstill on $14 billion worth of bonds and loans and stopped repaying its debt, including interest payments, in what is still the largest default to foreign investors in Asian market history. [5]
Former head office of the Bank of Java in Batavia, now Bank Indonesia Museum in Jakarta. The Bank of Java (Dutch: De Javasche Bank N.V., abbreviated as DJB) was a note-issuing bank in the Dutch East Indies, founded in 1828, and nationalized in 1951 by the government of Indonesia to become the newly independent country’s central bank, later renamed Bank Indonesia.
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]
In October 2017 Go-Pay transactions constituted 30 percent of overall e-money transactions in Indonesia. In the same year, the service was awarded the most proactive Fintech company to support the National Cashless Movement by the capital bank. [87] In May 2017, the service acquired a license from the central bank to use QR Code scans for payments.
This is a list of universities, colleges, polytechnics and other higher education in Indonesia.. According to the former Directorate General of Higher Education (now part of the Ministry of Research, Technology, & Higher Education), in 2022 there were 4,004 higher education institutions (3,820 private and 184 public). [1]