List of banks in Indonesia

Last updated

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]

Contents

Top 10 banks ranked by total assets

As of 2024:

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

Central Bank

Conventional banks

Government-owned banks

State-owned

Name of bankFoundedMajority ownerNotes
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 [2]
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 Raya Indonesia 27 September 1989 Bank Rakyat Indonesia

Regional-owned banks

Regional-owned banks are formally instituted as Bank Pembangunan Daerah (Regional Development Bank, abbreviated as BPD).

Name of BankFoundedMajority OwnerNotes
Bank BPD Bali 5 July 1962 Bali GovernmentForeign exchange bank
Bank BPD DIY 15 December 1961 Special Region of Yogyakarta GovernmentNon-foreign exchange bank
Bank Banten 11 September 1992PT Banten Global Development (Banten Government)
Bank Bengkulu 9 August 1969 Bengkulu Government
Bank BJB 20 May 1961 West Java GovernmentForeign exchange bank
Bank DKI 11 April 1961 Special Capital Region of Jakarta Government
Bank Jambi 12 February 1959 Jambi GovernmentNon-foreign exchange bank
Bank Jateng 13 March 1963 Central Java GovernmentForeign exchange bank
Bank Jatim 17 August 1961 East Java Government
Bank Kalbar 28 November 1963 West Kalimantan GovernmentNon-foreign exchange bank
Bank Kalsel 25 March 1964 South Kalimantan Government
Bank Kalteng 28 October 1961 Central Kalimantan Government
Bankaltimtara 14 October 1965 East Kalimantan and North Kalimantan GovernmentForeign exchange bank
Bank Lampung 1 August 1964 Lampung GovernmentNon-foreign exchange bank
Bank Maluku Malut 25 October 1961 Maluku and North Maluku Government
Bank Nagari 12 March 1962 West Sumatra GovernmentForeign exchange bank
Bank NTT 17 July 1962 East Nusa Tenggara GovernmentNon-foreign exchange bank
Bank Papua 13 April 1966 Papua and West Papua Government
BRK Syariah 15 August 1961 Riau dan Riau Islands GovernmentForeign exchange bank
Bank Sulselbar 13 January 1961 South Sulawesi and West Sulawesi Government
Bank Sulteng 1 April 1969 Central Sulawesi GovernmentNon-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 GovernmentForeign exchange bank
Bank Sumut 4 November 1961 North Sumatra Government

Private banks

Name of BankFoundedMajority OwnerCapitalNotes
Foreign exchange banks
Bank ABN Amro Indonesia 13 November 1973 ABN Amro Flag of the Netherlands.svg
Bank ANZ Indonesia 5 September 1990 [3] ANZ Bank Flag of Australia (converted).svg
Bank American Express Indonesia 7 September 1986 American Express Flag of the United States.svg
Bank Artha Graha Internasional 7 September 1973Artha Graha Group Flag of Indonesia.svg
Bank Barclays Indonesia 4 October 1989 Barclays Flag of the United Kingdom.svg
Bank BNP Paribas Indonesia 23 December 1989 BNP Paribas Flag of France.svg
Bank BTPN 5 February 1958 [4] Sumitomo Mitsui Banking Corporation Flag of Japan.svg
Bank KB Bukopin 10 July 1970 KB Kookmin Bank Flag of South Korea.svg
Bank Bumi Arta 3 March 1967Ajaib Group Flag of Indonesia.svg
Bank Capital Indonesia 20 April 1989Danny Nugroho Flag of Indonesia.svg
Bank Central Asia 21 February 1957 Djarum Group Flag of Indonesia.svg
China Construction Bank Indonesia 2 April 1989 China Construction Bank Flag of the People's Republic of China.svg
Bank CIMB Niaga 26 September 1955 CIMB Bank Flag of Malaysia.svg
Citibank Indonesia 14 June 1968 Citibank Flag of the United States.svg
Bank Commonwealth 20 August 1996 [5] Commonwealth Bank of Australia Flag of Australia (converted).svg
Credit Suisse Indonesia 23 February 1989 [6] Credit Suisse Flag of Switzerland (Pantone).svg
Bank CTBC Indonesia 14 August 1996 CTBC Bank Flag of the Republic of China.svg
Bank Danamon 16 July 1956 MUFG Bank [7] Flag of Japan.svg
Bank DBS Indonesia 30 June 1989 [5] DBS Bank Flag of Singapore.svg
Bank Ganesha 15 May 1990 [5] PT Equity Development Investment Flag of Indonesia.svg
Bank HSBC Indonesia 15 May 1974 HSBC Flag of the United Kingdom.svg
Bank Index Selindo 30 July 1992PT Kazanah Indexindo Flag of Indonesia.svg
J Trust Bank 30 May 1989J Trust Flag of Japan.svg
Bank KEB Hana Indonesia 27 April 1971 KEB Hana Bank Flag of South Korea.svg
Bank Maspion 6 November 1989 Kasikornbank Flag of Thailand.svg Based in Surabaya
Bank Mayapada 7 September 1989 Mayapada Group Flag of Indonesia.svg
Bank Maybank Indonesia 15 May 1959 Maybank Flag of Malaysia.svg
Bank Mega 14 August 1969 Mega Corp Flag of Indonesia.svg
Bank Mestika Dharma 12 December 1956PT Mestika Buana Mas [8] Flag of Indonesia.svg Based in Medan
Bank MNC Internasional 12 January 1990 [9] MNC Corporation Flag of Indonesia.svg
Bank Multiarta Sentosa 28 July 1992 Wings Group Flag of Indonesia.svg
NOBU Bank 16 August 1990 Lippo Group Flag of Indonesia.svg
Bank OCBC NISP 4 April 1941 OCBC Bank Flag of Singapore.svg
Bank of India Indonesia 28 September 1968 Bank of India Flag of India.svg
Panin Bank 17 August 1971Panin Group Flag of Indonesia.svg
Permata Bank 17 December 1954 [10] Bangkok Bank [11] Flag of Thailand.svg
Bank QNB Indonesia 28 April 1913 [12] Qatar National Bank Flag of Qatar.svg
Bank Resona Perdania 1 February 1958 Resona Bank Flag of Japan.svg
Royal Bank of Scotland Indonesia 12 November 1992 Royal Bank of Scotland Flag of the United Kingdom.svg
Bank SBI Indonesia 24 October 1970 [12] State Bank of India Flag of India.svg
Bank Sinarmas 18 August 1989 Sinar Mas Group Flag of Indonesia.svg
Bank UOB Indonesia 31 August 1956 United Overseas Bank Flag of Singapore.svg
Bank Victoria Internasional 5 October 1992PT Victoria Internasional [13] Flag of Indonesia.svg
Bank Woori Saudara 18 April 1906 [14] Woori Bank Flag of South Korea.svg
Non-foreign exchange banks
Amar Bank Indonesia 15 March 1991 Tolaram Group Flag of Singapore.svg
Krom Bank 16 March 1957FinAccel Private Limited Flag of Singapore.svg Based in Bandung
Bank Digital BCA 25 October 1965 Bank Central Asia Flag of Indonesia.svg
Super Bank Indonesia 5 March 1993 Elang Mahkota Teknologi Flag of Indonesia.svg
Allo Bank 21 October 1992 Mega Corp Flag of Indonesia.svg
Bank Ina Perdana 9 February 1990 Salim Group Flag of Indonesia.svg
Bank Jago 14 December 1992PT Metamorfosis Ekosistem Indonesia, GoTo Financial, Wealth Track Technology Ltd, GIC Private Limited Flag of Indonesia.svg
Bank Jasa Jakarta 23 March 1971 [15] Astra International Flag of Indonesia.svg
Bank Seabank Indonesia 4 October 1991 Sea Ltd Flag of Singapore.svg
Bank Neo Commerce 14 September 1989PT Gozco Capital, Akulaku Flag of Indonesia.svg
Bank Oke Indonesia 15 August 1990 APRO Financial Group Flag of South Korea.svg
Bank Sahabat Sampoerna 27 September 1990 [15] Sampoerna Group Flag of Indonesia.svg

Foreign banks

Name of BankIncorporated in Indonesia
Bank of America 25 June 1968
Bank of China 13 January 2003
Deutsche Bank 18 March 1969
JPMorgan Chase 17 June 1968
MUFG Bank 24 August 1968
Standard Chartered 1 October 1968

Islamic Banks

Sharia bank

Government-owned sharia banks

Name of BankFoundedMajority OwnerNotes
Bank Syariah Indonesia 1 February 2021 Government of Indonesia Foreign exchange bank
Regional sharia banks
Bank Aceh Syariah 7 September 1957 Aceh GovernmentNon-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. [16] [17]

Private sharia banks

Name of BankFoundedMajority OwnerNotes
Bank Mega Syariah 14 July 1990 Bank Mega Foreign exchange bank
Bank Aladin Syariah 14 September 1994 [18] NTI Global Indonesia
Bank BCA Syariah 21 May 1991 Bank Central Asia Non-foreign exchange bank
Bank Muamalat Indonesia 1 November 1991 Islamic Development Bank Foreign exchange bank
Panin Dubai Syariah Bank 8 January 1972 [12] 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

NameFounded
Regional-owned banks
Bank BPD DIY Syariah 19 February 2007
Bank DKI Syariah 8 March 2004
Bank Jambi Syariah December 2011 [19]
Bank Jateng Syariah 26 April 2008
Bank Jatim Syariah 21 August 2007
Bank Kalbar Syariah 12 December 2005
Bank Kalsel Syariah 13 August 2004
Bankaltimtara 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 [20]
Bank Danamon Syariah 14 May 2002 [21]
Bank OCBC NISP Syariah 12 October 2009 [22]
Bank Permata Syariah 10 November 2004 [23]
Bank Sinarmas Syariah 18 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

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