List of banks in Indonesia

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

Top 10 banks ranked by total assets

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

Conventional banks

Government-owned banks

State-owned

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

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

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
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 Saqu 23 March 1971[14] WeLab and Astra International
Seabank 4 October 1991 Sea Ltd
Superbank 5 March 1993 Emtek, Grab, Singtel, and KakaoBank

Foreign banks

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

Sharia bank

Government-owned sharia banks

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

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

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

Representative offices in Jakarta

Australia

Belgium

France

Germany

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

India

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

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

References

  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.
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