 | This article relies largely or entirely on a single source .(April 2016) |
 | |
| Company type | Public |
|---|---|
| IDX: BCIC | |
| Industry | Banking |
| Predecessors |
|
| Founded | 29 May 2015 |
| Headquarters | Jakarta, Indonesia |
| Website | www |
PT Bank JTrust Indonesia Tbk [1] (IDX:BCIC) is an Indonesian bank founded in 2015. The bank is based in Jakarta.
J Trust Co., Ltd. (J Trust), a holding company with the global scope of operations is located in Toranomon First Garden, 1-7-12 Toranomon, Minato-ku, Tokyo 105-0001. The company was selected as the winner among 11 applicants in the divestment of Bank Mutiara (formerly Bank Century, which was subject of a controversial bailout in 2008) [2] which previously was under the control of the Indonesia Deposit Insurance Corporation (LPS).[ citation needed ]
After management restructuring as well as other recovery efforts, the bank was divested by LPS to J Trust Co., Ltd. The number of shares transferred at the time was 99% which was in compliance with the approval letter from The Indonesia Financial Services Authority (OJK) dated 20 November 2014 with value of Rp. 4.41 Trillion and Price to Book Value of around 3.5 times. [3]
After becoming a controlling shareholder, J Trust supported some internal improvements at the bank and group consolidation. At The Extraordinary General Meeting of Shareholders dated 30 March 2015, the meeting approved the re-branding of Bank Mutiara to be J Trust Bank to be inline with other J Trust Group corporate identities in Japan, South Korea, and Singapore. After receiving approval from The Ministry of Law and Human Rights dated 7 April 2015 and OJK approval dated 21 May 2015, PT Bank JTrust Indonesia Tbk. is formally announced to the public at 29 May 2015. [4]
Sinar Mas is one of the largest conglomerates in Indonesia. It was formed in 1938. It has numerous subsidiaries including Asia Pulp & Paper and palm oil producer PT SMART. The company also acquired Berau Coal Energy from Asia Resource Minerals PLC, a major mining group founded by Nathaniel Rothschild, in a takeover initiated by Fuganto Widjaja.
PT Bank Danamon Indonesia Tbk is an Indonesian bank established in 1956. It is the sixth largest bank of Indonesia by asset size.
ATM Bersama is one of the interbank networks in Indonesia, connecting the ATM networks of twenty-one banks in Indonesia. It was established 1993 and is based on the model adopted by MegaLink, an interbank network in the Philippines.
The Salim Group is Indonesia's biggest conglomerate and refers to companies where the Salim family held majority ownership. Its assets include Indofood Sukses Makmur, the world's largest instant noodle producer; Indomobil Group, one of Indonesia's largest car manufacturers; Indomaret, Indonesia's largest convenience store chain; and Bogasari, a large flour-milling operation. The group was founded in October 1972 by Sudono Salim and his junior partner Sutanto Djuhar. The current CEO is Anthoni Salim, a son of Sudono Salim.
PT Media Nusantara Citra Tbk is an Indonesian media company founded on 17 June 1997 as PT Panca Andika Mandiri, it was renamed to the present name on 12 September 2002. It is owned by PT Global Mediacom Tbk, which in turn is owned by MNC Asia Holding. On 17 October 2011, Los Angeles–based investment company Saban Capital Group acquired a 7.5% stake.
Bank Negara Indonesia, is an Indonesian state-owned bank. It has branches primarily in Indonesia, but it can also found in Seoul, Singapore, Hong Kong, Tokyo, London and New York. It had 2,047 branches and more than 63 million customers in 2021. It is listed on the Indonesia Stock Exchange as "BBNI".
Betti Alisjahbana is an Indonesian business executive who has held senior positions with companies such as IBM and Garuda Indonesia, and has advised the government on business technology.
PT Bank CIMB Niaga Tbk is Indonesia's sixth largest bank by assets, established in 1955. CIMB Niaga, which is majority-owned by CIMB Group, is the largest payment bank in terms of transaction value under the Indonesian Central Securities Depository. With 11% of market share, CIMB Niaga is the third largest mortgage provider in Indonesia.
Permata Bank is a bank in Indonesia, headquartered in the capital city Jakarta. It has officially become a BUKU IV bank after receiving confirmation from the Financial Services Authority (OJK) on 20th January 2021. Serving nearly four million customers in 62 cities of Indonesia, it has 304 branch offices and two mobile branches. Currently, the bank is led by Meliza Musa Rusli as the CEO.
PT Indomobil Sukses Internasional Tbk, known as Indomobil Group, is a car and motor vehicle manufacturer located in Jakarta, Indonesia. It was founded in 1976 by the unification of the two former competitors PT Indohero and the original incarnation of PT Indomobil. The company operates plants in Jakarta, Bekasi, Karawang, and Purwakarta.
PT Mahaka Media Tbk, traded as Mahaka X since 2022, formerly known as Abdi Bangsa, is an Indonesian media and entertainment company founded by Erick Thohir. The group owns and operated printed newspaper and magazines, and regional free to air television and radio broadcasting.
Bambang Hary Iswanto Tanoesoedibjo, usually shortened to Hary Tanoesoedibjo or just Hary Tanoe, is an Indonesian businessman and politician. He is the President Director of PT MNC Investama Tbk, which he founded in 2009. As the chairman, he oversees the holding company and its subsidiaries, including a media giant Media Nusantara Citra (MNC). He is the leader of the Perindo Party.
PT Elang Mahkota Teknologi Tbk, trading as Emtek, is an Indonesian technology, telecommunication and media conglomerate headquartered in Jakarta. As of 2013, it is Indonesia's second largest media company. It is the parent company for subsidiaries which include pay television service Nex Parabola and five television networks – SCTV, Indosiar, Moji, Ajwa TV, and Mentari TV. It was established in 1983 by Eddy Kusnadi Sariaatmadja. Currently, the company is headed by Alvin Widarta Sariaatmadja as its president director.
Bank Pembangunan Daerah Banten is a bank focusing on micro-enterprises and small and medium enterprises. It is a regional development bank owned by the government of Banten province.
PT Bank OCBC NISP Tbk, traded as OCBC Indonesia, is an Indonesian publicly listed banking and financial services company headquartered in South Jakarta, Indonesia. The bank is owned by Singaporean banking and financial group, OCBC Bank, which holds 85.1% of shares. OCBC is an Indonesia's 8th largest bank by assets and has 337 branches and offices and 780 ATMs located across the country.
PT Hero Supermarket Tbk, commonly known as Hero, is one of Indonesia's largest retailers group, which operates Hero hypermarkets and supermarkets, Guardian Healthy & Beauty Stores and IKEA. It is a subsidiary of DFI Retail Group, and is indirectly owned by Jardine Matheson.
Northstar Group is a Singapore-based private equity fund manager firm dedicated to investing in growth companies in Indonesia and, to a lesser extent, other countries in Southeast Asia.
PT GoTo Gojek Tokopedia Tbk, trading as GoTo, is an Indonesian technology company. The company was formed in 2021 in a merger — the largest in the country at that time between Indonesia's two most valuable startups, ride-hailing giant Gojek and e-commerce firm Tokopedia.
Dairi Prima Mineral, officially PT Dairi Prima Mineral, is an Indonesian metal mining company and the owner of the Dairi mine in the Dairi Regency of North Sumatra, Indonesia.
