Bank Maybank Indonesia Explained

PT Bank Maybank Indonesia Tbk
Former Name:Bank Internasional Indonesia (1959–2015)
Type:Public
Industry:Financial services, Banking
Location:Jakarta, Indonesia
Area Served:Indonesia
Cayman Islands
Mauritius
India (Mumbai)
Foundation:[1]
Key People:Taswin Zakaria (President director)
Thilagavathy Nadason (CFO)
Products:Retail banking
Global banking
Business banking
Global market
Syariah
Services:Tabungan
Giro
Deposito
Pinjaman
Investasi
Num Employees:> 8000 (2018)
Owner:Maybank
Revenue: Rp 3 trillion (2018)
Assets: Rp169.1 trillion (2019)

PT Bank Maybank Indonesia Tbk, formerly known as Bank Internasional Indonesia (BII) is one of private banks in Indonesia which also is a part of Maybank, one of the largest financial services groups in ASEAN.

Previously, Maybank Indonesia was known as PT Bank Internasional Indonesia Tbk (BII) which was founded on 15 May 1959 by Aridi Penjamin and Jap Ing Hoat.[2] Later, a key figure and owner was .[3] BII would then obtain its license as a foreign exchange bank in 1988. The company would then become 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 holder of this bank.[4]

Maybank Indonesia provides a comprehensive range of products and services for individual and corporate customers through Community Financial Services (Retail Banking and Non-Retail Banking) and Global Banking, as well as automotive financing through its subsidiaries, WOM Finance for two wheelers and Maybank Finance for four wheelers. Maybank Indonesia also continues to develop digital banking services and capacity through Mobile Banking, Internet Banking, Maybank2U (internet-based mobile banking) and various other channels.

As of 31 December 2019, Maybank Indonesia maintains 374 branches including Sharia branches spread across Indonesia and one overseas branch (Mumbai, India), 21 Mobile Cash Vehicles and 1,571 ATMs including CDM (Cash Deposit Machines) connected with over 20,000 ATMs in ATM PRIMA, ATM BERSAMA, ALTO, CIRRUS and connected to 3,500 Maybank ATMs in Singapore, Malaysia and Brunei. By end of 2019, Maybank Indonesia managed Rp110.6 trillion in customer deposits and Rp169.1 trillion in assets.

External links

Notes and References

  1. Web site: Profil Bank Internasional Indonesia . 2013-02-12 . https://web.archive.org/web/20130116180730/http://bii.co.id/about/Pages/Overview.aspx . 2013-01-16 . dead .
  2. Book: Chia . Robert Kay Guan . Globalization of the Jakarta Stock Exchange . Prentice Hall . 1992 . 978-0-13-357674-0 .
  3. Book: Puger . Peggy . CEO'S Mother . Jakarta . Gramedia Pustaka Utama . 2006 . 978-602-03-2424-1 . id.
  4. Book: Pirard . Rimain . Asia Pulp & Paper Indonesia: The Business Rationale that Led to Forest Degradation and Financial Collapse . Center for International Forestry Research . 2006 .