Standard Chartered Bank

With its network of 13 branches in Indonesia, Standard Chartered is well positioned as one of the best Wealth Management provider in the country. Allianz Life Indonesia have exclusively designed innovative Bancassurance products to suit Standard Chartered customers' needs.

SmartLink Protection Plus and Dollar Invest Plus are offered as part of Standard Chartered Investment Services products by Financial Planners in Standard Chartered Branches.

In March 2004, Family Health Protection was launched to complete the Bancassurance product portfolio with health insurance protection for the whole family.

About Standard Chartered Bank  

Standard Chartered employs 38,000 people in over 950 locations in more than 50 countries in the Asia Pacific Region, South Asia, the Middle East, Africa, the United Kingdom and the Americas. It is one of the world’s most international banks, with a management team comprising 80 nationalities.

It serves both consumer and wholesale banking customers. Consumer Banking provides credit cards, personal loans, hypothec, deposit taking and wealth management services to individuals and small to medium sized enterprises.  Wholesale banking provides corporate and institutional clients with services in trade finance, cash management, lending, custody, foreign exchange, debt capital markets and corporate finance.
 
Standard Chartered is well-established in growth markets and aims to be the right partner for its customers. The Bank combines deep local knowledge with global capability. The Bank is trusted across its network for its standard of governance and its commitment to making a difference in the communities in which it operates.

Standard Chartered Bank in Indonesia, is one of the oldest foreign banks in the country. Operating in Indonesia since 1863 when it first established its office in Batavia (former Jakarta), the bank today has its principal office in Jakarta and other branches and offices in 7 major cities of Indonesia: Jakarta, Bandung, Semarang, Surabaya, Surakarta, Medan dan Denpasar.  The network, inclusive of 4 automated banking centres in major residential areas of Jakarta, is one of the largest among the international banks in Indonesia.

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Bank Danamon

PT Bank Danamon Indonesia Tbk (Bank Danamon) and PT Asuransi Allianz Life Indonesia (Allianz) recently announced their bancassurance partnership in Indonesia on September 26, 2006, and launched ‘Danamon KadoKU’, a single premium unit-linked product designed as a form of gift from parents to their children. KadoKU is a combination of investment and comprehensive protection for families’ futures by providing benefits for the children as well as their parents.

About Bank Danamon

PT Bank Danamon Indonesia Tbk. was established in 1956 under the name of PT Bank Kopra Indonesia, in 1976, the Bank's name was changed to the present name, Bank Danamon Indonesia. The Bank became the first Indonesian private foreign exchange bank in 1976 and a publicly listed bank in 1989.

As of the end of the second quarter of 2006 operates 1,373 branches including its DSP and Syariah units as well as Adira; 9,400 ATMs, including through our association with ATM Bersama and ALTO, in all 32 provinces in Indonesia and supported by almost 30,000 employees on a consolidated basis (including Bank’s subsidiaries).

As per June 30, 2006, Bank Danamon is 69.54% owned by Asia Financial Indonesia (AFI) Consortium, 6.36% by Morgan Stanley Pte. Ltd. and 24.10% by the public (ownership interest below 5%).

VISION, MISSION & VALUES

Vision
We Care and Enable Millions to Prosper

Mission
Danamon aims to become “The Leading Financial Institution in Indonesia” with a significant market presence.

A Customer Centric Organization which covers all customer segments, each with a unique value proposition, centered on Sales and Service Excellence supported by World Class Technology.

We aspire to be the Employer Of Choice and to be respected by our Customers, Employees, Shareholders, Regulators and the Community

Values
Caring, Honesty, Passion to Excel, Teamwork, Disciplined Professionalism.

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PermataBank

PermataBank is one of the foremost national banks in Indonesia. Under the slogan “make life more valuable” PermataBank provides high quality Service and Products with a strong focus on simplifying banking processes.

With 312 branches present in 32 cities, Sharia and Preferred Customer Care Products, PermataBank is also supported by a nation wide ATM network, mobile banking, internet banking and call centers, which contribute to PermataBank’s continuing best service and best customer satisfaction delivery.

The Foundation adherence

On Governmental decree, to create a bank which had strong capital, good financial condition, a highly competitive intermediaries function, diverse products and a wide network, a merger of 5 banks was initiated on November 22nd 2001.
On February 18th 2002 PT Bank Bali Tbk was chosen as the platform bank and along with the other 4 banks, PT Bank Universal Tbk, PT Bank Prima Express, PT Bank Artamedia and PT Bank Patriot, formed the merger called PermataBank.

Commitment to serve “Best Interaction Experience”

PermataBank extends constantly its well developed service quality to serve best interaction experience. Hereby the key of PermataBank’s success is characterized by willingness and fully understand to the needs of customers.

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HSBC

As the pioneer of modern banking in most of Asian Countries, HSBC (formerly known as The HongKong and Shanghai Banking Corporation Limited) has had long history in Indonesia.  During 124 years of its service, HSBC has been providing various kinds of banking service and products to Indonesian customers, wishing to develop trade and investment opportunities.

Initially started to serve the important sugar trade, HSBC opened its first Indonesian office in Jakarta (which known as Batavia) in 1884, then expanded its operation to Surabaya in 1896. Later in 1994 HSBC upgraded its Semarang agency, which has been operating since 1878, into a full branch.

During challenging times in the Indonesian market where the Bank was forced to close operation during World War II, and in the mid-1960s, HSBC strengths were really put on trial. Having managed to re-open its operation in Indonesia after the World War II and similarly after the closure in mid-1960s, the Bank was granted a new banking license in 1968 wherein the Bank has remained steadily solid ever since and retained its position as one of the largest foreign banks operating in Indonesia.

Today HSBC Indonesia offers a broad range of banking and financial services tailored to meet a wide spectrum of needs, from those of multinational corporations to local businesses and individual Indonesians, including Corporate and Banking, Treasury, Capital Market, and HSBC Amanah. These services are provided through the network of 23 offices, spread along 7 major cities in Indonesia, which are 13 offices in Jakarta - its head office in the World Trade Centre, branches in Plaza Kuningan, Talavera Office Park, Melawai, Wisma 46, Pondok Indah, Sentral Senayan, PELNI Building, Sunter, Mangga Dua, Pluit, Kelapa Gading and Kebun Jeruk - while 10 offices located outside the capital in Bandung (Asia Afrika and Flamboyan (Sukajadi)), Batam, Medan (Diponegoro and Sun Plaza), Semarang, BSD Tangerang, and 3 offices in Surabaya. (Graha Bumi Modern, Darmo Park, and Manyar)

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Bank NISP

Sixty-seven years ago - on April 4, 1941 to be precise -- Bank NISP was established in Bandung, West Java, under the name NV Nederlandsch Indische Spaar En Deposito Bank.

Bank NISP is the fourth oldest bank in Indonesia and initially operated as a savings bank. In 1967 the bank's status was changed to that of a commercial bank.

In 1972, Bank NISP entered into a financing and technical assistance agreement with Daiwa Bank of Japan through Bank Daiwa Perdania, which was the first joint venture bank in Indonesia. On 27 June 1974, Bank NISP became a shareholder in Bank Perdania, in which as of 31 March 2002 Bank NISP has 19.92% share. In March 2003, the Daiwa Bank, Limited, and the Asahi Bank, Limited, merged, and reorganized into Resona Bank, Limited, and Saitama Resona Bank, Limited, to establish "The Resona Holdings, Inc." In connection with the merger, the bank's name has been changed from PT Bank Daiwa Perdania to PT Bank Resona Perdania. However, the Extraordinary General Shareholders Meeting in 2005  has decided to  sell Bank NISP's entire shareholding in PT Bank Resona. The sale of the 19.92% shareholding ( 567,777 shares ) was intended to maximize Bank NISP's earning assets structure by shifting the investment to the real sector.

Bank NISP's status was upgraded in 1990 when the bank became a foreign exchange bank. In line with this, confidence in Bank NISP from several international institutions continued to grow. EXIM Bank of Japan and Netherlands Development Finance Company (FMO) both used Bank NISP to channel their longterm soft loans to small- and medium-sized enterprises. In addition, Bank NISP also participated in USAID's loan guarantee portfolio program from the United States.

Bank NISP became a public bank on October 20, 1994, listing its shares on the Jakarta Stock Exchange. In 1995 and 1996, Bank NISP was awarded ISO 9002 certification for its Treasury and Financial Institutions division as well as its Head Office division. Bank NISP was the first bank in the Asean region to apply international quality standards. In January 2000, Bank NISP's ISO 9002 certification was upgraded to ISO 9001-1994 and there was a further upgrade to ISO 9001-2000 certification in 2001.
At the beginning of 1997, together with Singapore's third largest banks the Oversea-Chinese Banking Corporation (OCBC), Bank NISP established a joint venture bank called Bank OCBC-NISP. Following the acquisition of PT Bank Keppel TatLee Buana by PT Bank OCBC-NISP in February 2002, the name of PT Bank OCBC-NISP was changed to PT Bank OCBC Indonesia. In 2002, Bank NISP divested its share in the bank from 15% to 1.33%.
In the same year, Bank NISP became the first bank in Indonesia to receive longterm bilateral loans directly from the International Finance Corporation (IFC), a member of the World Bank Group. Then at the beginning of 2001, the IFC became a shareholder in Bank NISP, taking a 9.6% share through Rights Issue II and changing the loans that it had already provided into subordinated loans amounting to USD 5 million.
Following this, a second investment was made through rights issue III, totaling Rp 31.56 billion and USD 5 million through the execution of the compensation for the above loans, which was carried out in July 2002. By 2005 Bank NISP held its 4th rights issue which raised a total of Rp 601.5 billion. As of 30 September 2005, the IFC officially owns a 7.17% stake in Bank NISP.

The economic crisis that struck Indonesia in mid-1997 and rapidly deteriorated into a banking crisis forced the government to introduce a recapitalization program to rescue Indonesia's banking sector. Under this program, Bank Indonesia classified Bank NISP as an 'A' bank, indicating that the bank's capital structure was strong enough to exclude it from the bank recapitalization program, which was essentially aimed at strengthening capital.

In 1999, while the majority of Indonesian banks were involved in internal recovery activities, Bank NISP went ahead and launched a repackaged Home Ownership Loan product called 'KPR Merdeka' (Independence Home Ownership Loans). The unique feature of this product is the loan approval process, which takes only five working days as from when all data have been received. This product received a very warm welcome from members of the public who had anxiously been awaiting bank loans to help them pay for their homes in the midst of the economic crisis.
With the support of more than 5,300 employees, over 352 offices and 20,000 ATMs (including the "ATM Bersama" and ATM BCA network ) spread throughout Indonesia and also  OCBC Bank's ATMs in Singapore, and BankCard in Malaysia Bank NISP continues to grow and develop without forgetting the importance of providing quality service to its customers.

In the international domain, trust to Bank NISP has become more concrete, OCBC Bank Singapore, one of the biggest banks in the Southeast Asia, came in as a shareholder of NISP since April 2004. With the 72.40% share ownership by the end of 2007, OCBC Bank is the biggest institutional shareholder of Bank NISP, which actively supports Bank NISP’s growth and development to be the world-class standard bank.

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Bank Metro Express

under construction

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Bank BNI 46

Initially referred to by its unabbreviated name of Bank Negara Indonesia when it was established in 1946, BNI is the first bank formed and owned by the Indonesian Government.

Historical records indicate that on of the eve of the 30th of October 1946, or merely a few months after its formal establishment, the Bank distributed the first currency bills ever issued by Indonesia’s Government popularly known at the time as ORI, or ‘Oeang Republik Indonesia’ (Currency of the Republic of Indonesia). In fact, this day is commemorated annually as the National Finance Day while the date of the Bank's establishment - the 5th of July - was designated as National Bank Day.

Bank Negara Indonesia's role as the circulation and central bank was duly terminated in 1949 following the government’s appointment of the former Dutch-controlled bank, De Javasche Bank, as Indonesia's Central  Bank . The Bank, subsequently designated as a development bank,  was later granted the rights to provide foreign reserve services that allowed it access to  direct foreign transactions.

Enhanced by increased capitalization, the Bank's legal status was formally changed to that of a state-owned commercial Bank in 1995. This provided the Bank with the foundation to provide  better and wider range of both access and services for the country's business sectors.

In its quest to competitively differentiate itself from its competitors, the Bank decided, towards the end of 1968, to attach its year of establishment to its corporate name to become  Bank Negara Indonesia 1946. The Bank was therefore popularly referred to, for decades, as 'BNI 46'. The simpler name of 'Bank BNI' was adopted in 1988 along with the change of the corporate identity.

BNI’s legal status was upgraded in 1992 to that of a state-owned limited corporation under the name of PT Bank Negara Indonesia (Persero) and  the bank decided to become a public company through its initial public offering of its shares in 1996.

BNI's ability to adapt to environmental, socio-cultural and technological advances is reflected through the continuous refinement of its corporate identity  which is carried out to suit the changing demands and trends of the times.  This adaptability signifies the Bank's dedication and commitment towards continuous improvement of its performance.
A refined corporate identity was introduced in 2004 that reflects the positive prospects for the future after a year of struggle characterized by a period of hardship. A shorter name of 'BNI' subsequently replaced the former 'Bank BNI', while the year of its establishment - '46' - was exposed through the logomark to  reinforce the pride and distinction that the Bank had in being the country's first national bank.

In keeping with the spirit of the heroic national struggle that is rooted in its history, BNI strives to provide the best services for the country and  to ultimately become the Pride of the Nation, today and always.

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Bank Mandiri

Bank Mandiri os Indonesia's largest bank in terms of assets, loans and deposits. Total assets as of March 31, 2002 were Rp 261,9 trillion, or around 24% of the assets in the banking system. With a net profit of Rp 1.17 trillion as of March 31, 2002 (an increase of 270% from same period 2001), Bank Mandiri is the most profitable bank in Indonesia. Bank Mandiri is also one of the best capitalized banks in Asia with a Capital Adequacy Ratio (CAR) of more than 27%, several times the 8% required by the Bank of International Settlements ( BIS). Through the efforts of its more that 17,500 employeess Bank Mandiri provides comprehensive financial service to more than 6 million corporate and individual customers as well as small and medium sized enterprises in Indonesia.

Established in October 1998, in the aftermath of the Asian financial crisis of 1997 and 1998, Bank Mandiri is a product of a merger of four state-owned banks: Bank Bumi Daya, Bank Dagang Negara, Bank Ekspor Impor and Bank Pembangunan Indonesia. In the depths of the crisis, at Government instigation, sixty-seven banks were closed, merged or acquired by other institutions. To restore bank balance sheets and public confidence, the Government implemented a radical restructuring and recapitalization program, directed by the Indonesian Bank Restructuring Agency (IBRA). Government priorities were to reduce overlap in the banking sector and to create much larger, stronger entities that could serve the needs of a modernizing economy.

Since its establishment, Bank Mandiri has successfully turned around its balance sheet, its profitability and its way of doing business to become the preferred bank in Indonesia. Non-performing loans (NPL's) were reduced from 71,29% at the end of 1999 to 9.5% as of 31 March 2002. NPL's are restructured according to a 19 step restructuring process, the most rigorous process among Indonesia banks. Following the merger, Bank Mandiri closed 194 branches and reduced its workforce from 26,600 to 17,620. Processes have been streamlined and operating expenses have declined. The cost-to-income ratio improved from 33.8% as of 31 March 2001 to 29.3% as of 31 March 2002.

One of Bank Mandiri's greatest achievements has been the complete renovation of its technology platform. Management inherited a total of nine different technology platform. Management inherited a total of ninte different technology platforms for the four legacy banks. After more that 38,000 man-hours of work, an investment of US$ 23 million for new equipment, Bank Mandiri now has a single technology platform creates a unified interface for customers increasing the efficiency of back office processing. The Bank is mid-way through its three-year US$ 200 million program to up-grade its technology platform, which will provide significantly improved products and services to its customers.

The corporate customer base of Bank Mandiri represents the core of the Indonesia economy and the export sector. It includes well-known international names such as Garuda Indonesia, Semen Gresik dan Pertamina. By sector, it is well diversified and is particularly active in the mining, retail, cement, power, oil and gas and aviation sectors. Credit approvals and monitoring are subject to a highly structured "four eyes" approval process, which separates credit decisions from marketing decisions. Bank Mandiri has been making significant progress in growing its small and medium enterprise (SME) customers. As of 31 March 2002, loans to retail customers (including SMEs) reached Rp 9.25 trillion, an increase of 16.8% from same period in 2001.

Bank Mandiri has also made significant progress in the retail segment. Total deposits reached Rp 187.6 trillion as of 31 March 2002, an increase of 5.8% from 31 March 2001. Bank Mandiri's credit card unit signed up more than 100,000 new customers in its first 10 months. The bank currently has a total of 642 branches. The Bank's distribution is further enhanced by its 1.184 ATM's, which is part of an 3,000 plus LINK network (network linking all state banks' ATM's).

From its founding Bank Mandiri has worked to create a strong, professional management team operating under internationally recognized stringent principles of corporate governance, control and compliance. The bank is supervised by a Board of Commissioners appointed by the Ministry of Finance from respected members of the financial community. The highest level of executive management is the Board of Directors, headed by a President Director. The Board of Director includes bankers drawn from the legacy banks as well as independent outside directors. Although Indonesian law requires directors to be Indonesian nationals, Bank Mandiri has recruited a number of non-Indonesia bankers occupying key positions, currently including its Chief Financial Officer. In addition, Bank Mandiri maintains independent Offices of Compliances, Audit and the Company Secretary and is under regular security from external auditors from Bank Indonesia, the Supreme Audit Agency, as well as international auditing firms.

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Bank Niaga

Established on 26 September 1955, Bank Niaga is currently the seventh largest bank in Indonesia in terms of assets. Bank Niaga has the second-largest position in mortgage lending, currently commanding around 10% market share. The majority of the Bank's equity had been held by Bumiputra-Commerce Holdings Berhad (BCHB) since 25 November 2002 and on 16 August 2007 was transferred to CIMB Group Sdn Bhd, a wholly owned subsidiary of BCHB. As the first local bank to introduce ATM services in 1987 and also on-line banking system in 1991, Bank Niaga is well regarded as one of the most innovative banks in Indonesia.
Over the years, Bank Niaga has been well regarded for its track record in customer service excellence. Through the extensive branch offices and ATM network, as well as wide range of sophisticated electronic channels, Bank Niaga offers a highly personalised banking experience to its customers. In 2006, Bank Niaga was awarded "The Most Consistent Bank in Service Excellence" by the Marketing Research Indonesia (MRI).
On the early 2008, Bank Niaga launches its new Vision: "To be Indonesia's Premier Universal Bank". The "universal bank" means integrally providing all banking products and services.

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