List of banks in Indonesia explained

This is a list of major banks in Indonesia. There are 120 commercial banks in Indonesia (4 state owned banks and 117 private banks). Two of the state owned banks have Islamic banking units. Of the 26 government regional banks, 15 have Islamic banking units, while of 86 private national banks, 7 have Islamic banking unit, and there are five Islamic commercial banks.[1]

Top 10 banks ranked by total assets

As of 2023:

    1. Bank Mandiri Bank Rakyat Indonesia (BRI)
  2. Bank Central Asia (BCA)
  3. Bank Negara Indonesia (BNI)
  4. Bank Tabungan Negara (BTN)
  5. Bank Syariah Indonesia (BSI)
    1. CIMB Niaga Permata Bank
  6. OCBC NISP

Central Bank

Conventional banks

Government-owned banks

State-owned

Name of bankFoundedMajority ownerNotes
Main state-owned banks
2 October 1998Government of IndonesiaForeign 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 Taspen23 February 1970 Non-foreign exchange bank
Bank Mayora25 February 1993Bank Negara IndonesiaForeign exchange bank
Bank Raya Indonesia27 September 1989

Regional-owned banks

See main article: Indonesian regional development bank. Regional-owned banks are formally instituted as Bank Pembangunan Daerah (Regional Development Bank, abbreviated as BPD).

Name of BankFoundedMajority OwnerNotes
Bank BPD Bali5 July 1962Bali GovernmentForeign exchange bank
Bank BPD DIY15 December 1961Special Region of Yogyakarta GovernmentNon-foreign exchange bank
11 September 1992PT Banten Global Development (Banten Government)
Bank Bengkulu9 August 1969Bengkulu Government
Bank BJB20 May 1961West Java GovernmentForeign exchange bank
Bank DKI11 April 1961Special Capital Region of Jakarta Government
Bank Jambi12 February 1959Jambi GovernmentNon-foreign exchange bank
Bank Jateng13 March 1963Central Java GovernmentForeign exchange bank
Bank Jatim17 August 1961East Java Government
Bank Kalbar28 November 1963West Kalimantan GovernmentNon-foreign exchange bank
Bank Kalsel25 March 1964South Kalimantan Government
Bank Kalteng28 October 1961Central Kalimantan Government
Bankaltimtara14 October 1965East Kalimantan and North Kalimantan GovernmentForeign exchange bank
Bank Lampung1 August 1964Lampung GovernmentNon-foreign exchange bank
Bank Maluku Malut25 October 1961Maluku and North Maluku Government
Bank Nagari12 March 1962West Sumatra GovernmentForeign exchange bank
Bank NTT17 July 1962East Nusa Tenggara GovernmentNon-foreign exchange bank
Bank Papua13 April 1966Papua and West Papua Government
BRK Syariah15 August 1961Riau dan Riau Islands GovernmentForeign exchange bank
Bank Sulselbar13 January 1961South Sulawesi and West Sulawesi Government
Bank Sulteng1 April 1969Central Sulawesi GovernmentNon-foreign exchange bank
Bank Sultra2 March 1968Southeast Sulawesi Government
Bank BSG17 March 1961Gorontalo and North Sulawesi Government
Bank Sumsel Babel6 November 1957South Sumatra and Bangka-Belitung GovernmentForeign exchange bank
Bank Sumut4 November 1961North Sumatra Government

Private banks

Name of BankFoundedMajority OwnerCapitalNotes
Foreign exchange banks
Bank ABN Amro Indonesia13 November 1973ABN Amro
Bank ANZ Indonesia5 September 1990[3] ANZ Bank
Bank American Express Indonesia7 September 1986American Express
Bank Artha Graha Internasional7 September 1973Artha Graha Group
Bank Barclays Indonesia4 October 1989Barclays
Bank BNP Paribas Indonesia23 December 1989BNP Paribas
Bank BTPN5 February 1958[4] Sumitomo Mitsui Banking Corporation
Bank KB Bukopin10 July 1970KB Kookmin Bank
Bank Bumi Arta3 March 1967Ajaib Group
Bank Capital Indonesia20 April 1989Danny Nugroho
21 February 1957Djarum Group
China Construction Bank Indonesia2 April 1989China Construction Bank
Bank CIMB Niaga26 September 1955
Citibank Indonesia14 June 1968Citibank
Bank Commonwealth20 August 1996[5] Commonwealth Bank of Australia
Credit Suisse Indonesia23 February 1989[6]
Bank CTBC Indonesia14 August 1996
Bank Danamon16 July 1956MUFG Bank[7]
Bank DBS Indonesia30 June 1989
Bank Ganesha15 May 1990PT Equity Development Investment
Bank HSBC Indonesia15 May 1974
Bank Index Selindo30 July 1992PT Kazanah Indexindo
J Trust Bank30 May 1989J Trust
Bank KEB Hana Indonesia27 April 1971KEB Hana Bank
Bank Maspion6 November 1989KasikornbankBased in Surabaya
Bank Mayapada7 September 1989
Bank Maybank Indonesia15 May 1959
Bank Mega14 August 1969Mega Corp
Bank Mestika Dharma12 December 1956PT Mestika Buana Mas[8]
Bank MNC Internasional12 January 1990[9] MNC Corporation
Bank Multiarta Sentosa28 July 1992Wings Group
NOBU Bank16 August 1990Lippo Group
Bank OCBC NISP4 April 1941OCBC Bank
Bank of India Indonesia28 September 1968
Panin Bank17 August 1971Panin Group
Permata Bank17 December 1954[10] Bangkok Bank[11]
Bank QNB Indonesia28 April 1913[12] Qatar National Bank
Bank Resona Perdania1 February 1958
Royal Bank of Scotland Indonesia12 November 1992
Bank SBI Indonesia24 October 1970
Bank Sinarmas18 August 1989Sinar Mas Group
Bank UOB Indonesia31 August 1956United Overseas Bank
Bank Victoria Internasional5 October 1992PT Victoria Internasional[13]
Bank Woori Saudara18 April 1906[14] Woori Bank
Non-foreign exchange banks
Amar Bank Indonesia15 March 1991Tolaram Group
Krom Bank16 March 1957FinAccel Private LimitedBased in Bandung
Bank Digital BCA25 October 1965Bank Central Asia
Super Bank Indonesia5 March 1993Elang Mahkota Teknologi
Allo Bank21 October 1992Mega Corp
Bank Ina Perdana9 February 1990Salim Group
Bank Jago14 December 1992PT Metamorfosis Ekosistem Indonesia, GoTo Financial, Wealth Track Technology Ltd, GIC Private Limited
Bank Jasa Jakarta23 March 1971[15]
Bank Seabank Indonesia4 October 1991Sea Ltd
Bank Neo Commerce14 September 1989PT Gozco Capital, Akulaku
Bank Oke Indonesia15 August 1990APRO Financial Group
Bank Sahabat Sampoerna27 September 1990Sampoerna Group

Foreign banks

Name of BankIncorporated in Indonesia
Bank of America25 June 1968
Bank of China13 January 2003
18 March 1969
17 June 1968
24 August 1968
1 October 1968

Islamic Banks

Sharia bank

Government-owned sharia banks

Name of BankFoundedMajority OwnerNotes
Bank Syariah Indonesia1 February 2021Government of IndonesiaForeign exchange bank
Regional sharia banks
Bank Aceh Syariah7 September 1957 Aceh GovernmentNon-foreign exchange bank
Bank BJB Syariah15 January 2010 West Java Government
Bank NTB Syariah5 July 1964West Nusa Tenggara Government
Bank BNI Syariah and Bank Syariah Mandiri will be merged with Bank BRISyariah as the surviving brand named Bank Syariah Indonesia.[16] [17]

Private sharia banks

Name of BankFoundedMajority OwnerNotes
Bank Mega Syariah14 July 1990Bank MegaForeign exchange bank
Bank Aladin Syariah14 September 1994[18] NTI Global Indonesia
Bank BCA Syariah21 May 1991Bank Central AsiaNon-foreign exchange bank
Bank Muamalat Indonesia1 November 1991Foreign exchange bank
Panin Dubai Syariah Bank8 January 1972
Bank KB Bukopin Syariah24 December 1971Bank KB BukopinNon-foreign exchange bank
Bank BTPN Syariah7 March 1991Bank BTPN
Bank Victoria Syariah15 April 1966Bank Victoria Internasional

Islamic banking unit of conventional banks

Name Founded
Regional-owned banks
Bank BPD DIY Syariah19 February 2007
Bank DKI Syariah8 March 2004
Bank Jambi SyariahDecember 2011[19]
Bank Jateng Syariah26 April 2008
Bank Jatim Syariah21 August 2007
Bank Kalbar Syariah12 December 2005
Bank Kalsel Syariah13 August 2004
Bankaltimtara Syariah27 December 2006
Bank Nagari Syariah28 September 2006
Bank Riau Kepri Syariah1 October 2002
Bank Sulselbar Syariah28 April 2007
Bank Sumsel Babel Syariah2 January 2006
Bank Sumut Syariah4 November 2004
Private banks
Bank CIMB Niaga Syariah27 September 2004[20]
Bank Danamon Syariah14 May 2002[21]
Bank OCBC NISP Syariah12 October 2009[22]
Bank Permata Syariah10 November 2004[23]
Bank Sinarmas Syariah18 November 2009

Multilateral banks and financial institutions

Representative offices in Jakarta

Australia

Belgium

France

Germany

India

Japan

Netherlands

Singapore

Switzerland

Taiwan

United States

Defunct Banks

See also

External links

Notes and References

  1. Web site: Institutions - Central Bank of Republic of Indonesia . 30 December 2009 . https://web.archive.org/web/20100104052313/http://www.bi.go.id/web/en/Perbankan/Ikhtisar+Perbankan/Lembaga+Perbankan/ . 4 January 2010 . dead . dmy-all .
  2. http://elib.unikom.ac.id/download.php?id=126814 Elib.unikom.ac.id
  3. https://docplayer.info/78189772-Pt-bank-anz-indonesia-supporting-the-country-s-development-goals-mendukung-sasaran-pembangunan-negara-laporan-tahunan-2014-annual-report.html ANZ Indonesia 2014 Report
  4. https://ecc.ft.ugm.ac.id/employer/site/view/320/profil-pt-bank-btpn-tbk profil-pt-bank-btpn-tbk
  5. https://books.google.com/books?id=Z_QVAQAAMAAJ&q=bank+commonwealth+20+agustus+1996 Perbankan Indonesia pasca krisis: analisis, prospek, dan profil
  6. https://books.google.com/books?id=03IWAQAAMAAJ&q=bank+fuji+internasional+indonesia The Bankers' Almanac, Volume 2
  7. https://finansial.bisnis.com/read/20190430/90/916991/tambah-kepemilikan-di-bdmn-dan-bbnp-mufg-transaksi-saham-rp496-triliun Tambah Kepemilikan di BDMN dan BBNP, MUFG Transaksi Saham Rp49,6 Triliun
  8. http://www.bankmestika.co.id/id/aboutus/investor-relation bankmestika.co.id
  9. Web site: id.icbbumiputera.co.id . 4 February 2010 . https://web.archive.org/web/20100204224240/http://id.icbbumiputera.co.id/tentang/sejarah/ . 4 February 2010 . live . dmy-all .
  10. https://books.google.com/books?id=nN_sAAAAMAAJ&q=bank+bali+1954 Informasi, Masalah 215-220
  11. Web site: Bangkok Bank acquires majority stake in Bank Permata for $2.3b. 2020-07-30. The Jakarta Post. en.
  12. https://books.google.com/books?id=kkgXAQAAMAAJ&q=bank+kesawan+1913 Indonesia Bank Directory
  13. http://www.victoriabank.co.id/struktur-perusahaan-grup/ victoriabank.co.id
  14. http://bukuygkubaca.blogspot.com/2014/03/bank-saudara-1906-2006-seratus-tahun.html Bank Saudara 1906-2006 : Seratus Tahun Perjalanan Bank Urang Sunda
  15. https://books.google.com/books?id=X93sAAAAMAAJ&q=bank+jasa+jakarta+1971 Informasi, Masalah 7-12
  16. Web site: Wareza. Monica. 3 Bank Syariah BUMN Siap Dimerger, Namanya Jadi Bank Amanah?. 2020-10-13. market. CNBC Indonesia. Jakarta. id-ID.
  17. Web site: Ulya. Fika Nurul. Djumena. Erlangga. Kompas Cyber Media. Jakarta. Bank Syariah BUMN Merger, BRISyariah Jadi Bank Survivor Halaman all. 2020-10-13. KOMPAS.com. 13 October 2020 . id.
  18. https://books.google.com/books?id=Z_QVAQAAMAAJ&q=bank+metro+express+1967 Perbankan Indonesia pasca krisis: analisis, prospek, dan profil
  19. http://www.beritasatu.com/ekonomi/379224-unit-usaha-syariah-bpd-jambi-jadi-bank-umum-syariah-pada-2020.html Unit Usaha Syariah BPD Jambi, Jadi Bank Umum Syariah pada 2020
  20. https://books.google.com/books?id=BdzXAAAAMAAJ&q=bank+niaga+syariah Ummi, Volume 16,Masalah 7-12
  21. https://rachmanhakim.wordpress.com/2008/07/07/14/ Bank Danamon
  22. https://www.ocbcnisp.com/Groups/Tentang-OCBC-NISP/Press-Release-(2)/OCBC-NISP-Syariah-Memperkenalkan-Tabungan-Simpel-i.aspx OCBC NISP Syariah Memperkenalkan Tabungan Simpel iB di Makassar
  23. http://repository.umy.ac.id/bitstream/handle/123456789/5411/bab%20iv.pdf?sequence=5&isAllowed=y Repository.umy.ac.id
  24. 'World Bank Indonesia website'.
  25. 'IMF Office in Indonesia' website.
  26. 'Indonesia and ADB', website.
  27. Web site: Foreign Representative Office Address . 29 December 2009.
  28. Web site: Bank Indonesia revokes the business license of PT. Bank IFI . 30 December 2009.

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