List of banks in Indonesia

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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[edit]

As of Q1 2021:[2]

Central Bank[edit]

Conventional banks[edit]

Government-owned banks[edit]

State-owned[edit]

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[3]
Subsidiaries of state-owned banks
Bank Mandiri Taspen 23 February 1970 Bank Mandiri Non-foreign exchange bank
Bank Mayora 25 February 1993 Bank Negara Indonesia Foreign exchange bank
Bank Rakyat Indonesia Agroniaga (BRI Agroniaga) 27 September 1989 Bank Rakyat Indonesia

Regional-owned banks[edit]

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 PT Banten Global Development (Banten Government)
Bank Bengkulu 9 August 1969 Bengkulu Government
Bank BJB 20 May 1961 West Java Government Foreign exchange bank
Bank DKI 11 April 1961 Special Capital Region of Jakarta Government
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
Bank Kaltimtara 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 Non-foreign exchange bank
Bank Papua 13 April 1966 Papua and West Papua Government
Bank Riau Kepri 15 August 1961 Riau dan Riau Islands Government Foreign exchange bank
Bank Sulselbar 13 January 1961 South Sulawesi and West Sulawesi Government
Bank Sulteng 1 April 1969 Central Sulawesi Government Non-foreign exchange bank
Bank Sultra 2 March 1968 Southeast Sulawesi Government
Bank BSG 17 March 1961 Gorontalo and North Sulawesi Government
Bank Sumsel Babel 6 November 1957 South Sumatra and Bangka-Belitung Government Foreign exchange bank
Bank Sumut 4 November 1961 North Sumatra Government

Private banks[edit]

Name of Bank Founded Majority Owner Capital Notes
Foreign exchange banks
Bank ANZ Indonesia 5 September 1990[4] ANZ Bank Australia
Bank Artha Graha Internasional 7 September 1973 Artha Graha Group Indonesia
Bank BNP Paribas Indonesia 23 December 1989 BNP Paribas France
Bank BTPN 5 February 1958[5] Sumitomo Mitsui Banking Corporation Japan
Bank KB Bukopin 10 July 1970 KB Kookmin Bank South Korea
Bank Bumi Arta 3 March 1967 PT Surya Husada Investment Indonesia
Bank Capital Indonesia 20 April 1989 Danny Nugroho Indonesia
Bank Central Asia 21 February 1957 Djarum Group Indonesia
China Construction Bank Indonesia 2 April 1974 China Construction Bank China
Bank CIMB Niaga 26 September 1955 CIMB Bank Malaysia
Bank Commonwealth 20 August 1996[6] Commonwealth Bank of Australia Australia
Bank CTBC Indonesia 14 August 1996 CTBC Bank China
Bank Danamon 16 July 1956 MUFG Bank[7] Japan
Bank DBS Indonesia 30 June 1989[6] DBS Bank Singapore
Bank Ganesha 15 May 1990[6] PT Equity Development Investment Indonesia
Bank HSBC Indonesia 15 May 1989 HSBC United Kingdom
Bank IBK Indonesia 13 November 1973 Industrial Bank of Korea South Korea
Bank ICBC Indonesia 25 May 1974 ICBC China
Bank Index Selindo 30 July 1992 PT Kazanah Indexindo Indonesia
J Trust Bank 30 May 1989 J Trust Japan
Bank KEB Hana Indonesia 27 April 1971 KEB Hana Bank South Korea
Bank Maspion 6 November 1989 Maspion Group Indonesia Based in Surabaya
Bank Mayapada 7 September 1989 Mayapada Group Indonesia
Bank Maybank Indonesia 15 May 1959 Maybank Malaysia
Bank Mega 14 August 1969 Mega Corp Indonesia
Bank Mestika Dharma 12 December 1956 PT Mestika Buana Mas[8] Indonesia Based in Medan
Bank Mizuho Indonesia 23 February 1989[9] Mizuho Bank Japan
Bank MNC Internasional 12 January 1990[10] MNC Group Indonesia
Bank Multiarta Sentosa 28 July 1992 Wings Group Indonesia
NOBU Bank 16 August 1990 Lippo Group Indonesia
Bank OCBC NISP 4 April 1941 OCBC Bank Singapore
Bank of India Indonesia 28 September 1968 Bank of India India
Panin Bank 17 August 1971 Panin Group Indonesia
Permata Bank 17 December 1954[11] Bangkok Bank[12] Thailand
Bank QNB Indonesia 28 April 1913[13] Qatar National Bank Qatar
Bank Resona Perdania 1 February 1958 Resona Bank Japan
Bank SBI Indonesia 24 October 1970[13] State Bank of India India
Bank Shinhan Indonesia 8 September 1967[6] Shinhan Bank South Korea
Bank Sinarmas 18 August 1989 Sinar Mas Group Indonesia
Bank UOB Indonesia 31 August 1956 United Overseas Bank Singapore
Bank Victoria Internasional 5 October 1992 PT Victoria Internasional[14] Indonesia
Bank Woori Saudara 18 April 1906[15] Woori Bank South Korea
Non-foreign exchange banks
Amar Bank Indonesia 15 March 1991 Tolaram Group Singapore
Bank Bisnis Internasional 16 March 1957 PT Sun Land Investama Indonesia Based in Bandung
Bank Digital BCA 25 October 1965 Bank Central Asia Indonesia
Bank Fama Internasional 5 March 1993 Elang Mahkota Teknologi Indonesia
Allo Bank 21 October 1992 Mega Corp Indonesia
Bank Ina Perdana 9 February 1990 Salim Group Indonesia
Bank Jago 14 December 1992 Jerry Ng, Patrick Walujo Indonesia
Bank Jasa Jakarta 23 March 1971[16] PT Widya Raharja Dharma Indonesia
Bank Seabank Indonesia 4 October 1991 Sea Ltd Singapore
Bank Neo Commerce 14 September 1989 PT Gozco Capital, Asabri, Akulaku Indonesia
Bank Oke Indonesia 15 August 1990 APRO Financial Group South Korea
Prima Master Bank 1 November 1989 PT Hartamas Lestari, PT Multi Artacipta Serasi Indonesia Based in Surabaya
Bank Sahabat Sampoerna 27 September 1990[16] Sampoerna Strategic Group Indonesia

Foreign banks[edit]

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 17 June 1968
MUFG Bank 24 August 1968
Standard Chartered 1 October 1968

Islamic Banks[edit]

Sharia bank[edit]

Government-owned sharia banks[edit]

Name of Bank Founded Majority Owner Notes
Bank Syariah Indonesia 1 February 2021 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 West Java Government
Bank NTB Syariah 5 July 1964 West Nusa Tenggara Government

Bank BNI Syariah and Bank Syariah Mandiri will be merged with Bank BRISyariah as the surviving brand named Bank Syariah Indonesia.[17][18]

Private sharia banks[edit]

Name of Bank Founded Majority Owner Notes
Bank Aladin Syariah 14 September 1994[19] NTI Global Indonesia Foreign exchange bank
Bank BCA Syariah 21 May 1991 Bank Central Asia Non-foreign exchange bank
Bank Mega Syariah 14 July 1990 CT Corp Foreign exchange bank
Bank Muamalat Indonesia 1 November 1991 Islamic Development Bank
Panin Dubai Syariah Bank 8 January 1972[13] Panin Bank, Dubai Islamic Bank
Bank KB Bukopin Syariah 24 December 1971 Bank KB Bukopin Non-foreign exchange bank
Bank BTPN Syariah 7 March 1991 Bank BTPN
Bank Victoria Syariah 15 April 1966 Bank Victoria Internasional

Islamic banking unit of conventional banks[edit]

Name Founded
Regional-owned banks
Bank BPD DIY Syariah 19 February 2007
Bank DKI Syariah 8 March 2004
Bank Jambi Syariah December 2011[20]
Bank Jateng Syariah 26 April 2008
Bank Jatim Syariah 21 August 2007
Bank Kalbar Syariah 12 December 2005
Bank Kalsel Syariah 13 August 2004
Bank Kaltimtara Syariah 27 December 2006
Bank Nagari Syariah 28 September 2006
Bank Riau Kepri Syariah 1 October 2002
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[21]
Bank Danamon Syariah 14 May 2002[22]
Bank OCBC NISP Syariah 12 October 2009[23]
Bank Permata Syariah 10 November 2004[24]
Bank Sinarmas Syariah 18 November 2009

Multilateral banks and financial institutions[edit]

Representative offices in Jakarta[edit]

Australia

Belgium

France

Germany

  • LBBW (Landesbank Baden-Wuerttemberg)[28]
  • Dresdner Bank AG[28]
  • Commerzbank AG[28]

India

Japan

  • Japan Bank for International Cooperation[28]
  • The Sumitomo Trust & Banking Co. Ltd[28]

Netherlands

  • ING Bank NV[28]
  • NV De Indonesische Overzeese Bank[28]

Singapore

Switzerland

  • EFG Bank[28]
  • UBS AG Jakarta Representative Office[28]

Taiwan

  • The Exim Bank of Republic of China[28]

United States

  • Bank of New York[28]
  • Wachovia Bank N.A.[28]

Defunct Banks[edit]

See also[edit]

References[edit]

  1. ^ "Archived copy". Archived from the original on 4 January 2010. Retrieved 30 December 2009.CS1 maint: archived copy as title (link)
  2. ^ "Saling Salip Bank Papan Atas". cnnindonesia.com. Retrieved 23 April 2019.
  3. ^ Elib.unikom.ac.id
  4. ^ ANZ Indonesia 2014 Report
  5. ^ profil-pt-bank-btpn-tbk
  6. ^ a b c d Perbankan Indonesia pasca krisis: analisis, prospek, dan profil
  7. ^ Tambah Kepemilikan di BDMN dan BBNP, MUFG Transaksi Saham Rp49,6 Triliun
  8. ^ bankmestika.co.id
  9. ^ The Bankers' Almanac, Volume 2
  10. ^ "id.icbbumiputera.co.id". Archived from the original on 4 February 2010. Retrieved 4 February 2010.
  11. ^ Informasi, Masalah 215-220
  12. ^ Post, The Jakarta. "Bangkok Bank acquires majority stake in Bank Permata for $2.3b". The Jakarta Post. Retrieved 30 July 2020.
  13. ^ a b c Indonesia Bank Directory
  14. ^ victoriabank.co.id
  15. ^ Bank Saudara 1906-2006 : Seratus Tahun Perjalanan Bank Urang Sunda
  16. ^ a b Informasi, Masalah 7-12
  17. ^ Wareza, Monica. "3 Bank Syariah BUMN Siap Dimerger, Namanya Jadi Bank Amanah?". market (in Indonesian). Retrieved 13 October 2020.
  18. ^ Media, Kompas Cyber. "Bank Syariah BUMN Merger, BRISyariah Jadi Bank Survivor Halaman all". KOMPAS.com (in Indonesian). Retrieved 13 October 2020.
  19. ^ Perbankan Indonesia pasca krisis: analisis, prospek, dan profil
  20. ^ Unit Usaha Syariah BPD Jambi, Jadi Bank Umum Syariah pada 2020
  21. ^ Ummi, Volume 16,Masalah 7-12
  22. ^ Bank Danamon
  23. ^ OCBC NISP Syariah Memperkenalkan Tabungan Simpel iB di Makassar
  24. ^ Repository.umy.ac.id
  25. ^ 'World Bank Indonesia website'.
  26. ^ 'IMF Office in Indonesia' website.
  27. ^ 'Indonesia and ADB', website.
  28. ^ 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.
  29. ^ "Bank Indonesia revokes the business license of PT. Bank IFI". Retrieved 30 December 2009.

External links[edit]