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Bank Negara Indonesia

#1681

Rank

$9.81B

Marketcap

ID Indonesia

Country

Bank Negara Indonesia
Leadership team

Mr. Royke Tumilaar (Pres Director)

Ms. Novita Widya Anggraini (MD of Fin. & Director)

Mr. Yohan Y. Setio (Head of Investor Relations Division & Acting Chief of Economist)

Products/ Services
Banking, Finance, Financial Services
Number of Employees
20,000 - 50,000
Headquarters
Jakarta, Jakarta Raya, Indonesia
Established
1946
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
BBNI.JK
Social Media
Overview
Location
Summary
PT Bank Negara Indonesia (Persero) Tbk, together with its subsidiaries, provides various banking products and services in Indonesia, the United States, Europe, and Asia. The company offers current, savings, and money market accounts, and time deposit products. It also provides credit facilities for the purchase of houses, villas, apartments, condominiums, home shops, home offices, and land plots, as well as for construction/renovation, top-up, and refinancing; and pension loans. In addition, the company offers debit and credit cards; SMS, Internet, and phone banking services, as well as automated teller machines; treasury services; transactional banking products, such as payment, collection, liquidity, and information management services; small and long-term loans, which include working capital credit, investment credit, bank guarantee, local letter of credit, and letter of credit; and customer analysis and portfolio management services. Further, it provides facilities for foreign exchange services; investment products, such as government, retail, and company bonds; transaction derivatives; BNIFX, a web-based digital platform to conduct non-physical forex transactions directly with BNI treasury dealers; local currency settlement; and trade finance services, which include export and import LC and non-LC, standby letter of credit, bill collection financing, open account financing, and BNI Trade Online, a digital service to submit requests for trade transactions online. The company serves agriculture, telecommunication, food and beverage, oil and gas, mining, chemicals, construction, electricity, and wholesale and retail. As of December 31, 2021, the company operated 195 domestic branches, 1,097 sub-branches, and 874 other outlets, as well as 5 overseas branches located in Singapore, Hong Kong, Tokyo, London, and Seoul; and 1 representative office in New York. PT Bank Negara Indonesia (Persero) Tbk was founded in 1946 and is headquartered in Jakarta Pusat, Indonesia.
History

Early years

Bank Negara Indonesia was established on 5 July 1946. It was prepared to be the Central Bank of Indonesia with the task of issuing and handling Indonesian currency. A few months after its establishment, Bank Negara Indonesia officially distributed the first official currency of Indonesia – ORI or Oeang Republik Indonesia.Following the appointment of De Javasche Bank as the Central Bank of Indonesia, Bank Negara Indonesia had its role shifted to that of a development bank, and was later given the right to serve as a foreign exchange bank. Following increased capitalization in 1955, the legal status of Bank Negara Indonesia was changed into that of a commercial bank through a jurisdicial assignment under Emergency Law number 2 of the year 1955. Also in 1955, Bank Negara Indonesia officially opened its first foreign branch in Singapore.

Bank Negara Indonesia 1946

After a merger period with several other commercial banks, the function and individuality of the Bank were restored in 1968. The status was resumed to that of a state-run commercial bank. The official name was changed to 'Bank Negara Indonesia 1946'.Bank Negara Indonesia 1946 conducted an operational restructuring program, by formulating the 'Performance Improvement Program' to facilitate a more dynamic role in facing the continuously changing environment. The program covered various aspects, including the improvement of the Corporate Vision and Mission, the refinement of strategic plans, as well as the development of technology and human resources.

Bank Negara Indonesia

Signifying the determination of Bank Negara Indonesia 1946 to create a new image and attitudes in line with its aspiration to play a more international role and to respond to the challenges of globalization, the Bank changed its corporate logo into a 'Sailing Boat' and introduced the nickname of 'Bank BNI'.The law number 7 of the year 1992 opened-up opportunities for state-run banks to change their legal status into Limited State-Owned Corporations . With this change in legal status, the Bank's name was officially replaced with 'PT. Bank Negara Indonesia '.In 1996, Bank Negara Indonesia's decision to become a public company was manifested through an initial public offering of its shares through the stock exchange. Bank Negara Indonesia was the first government bank in Indonesia which listed its shares on both the Jakarta Stock Exchange and the Surabaya Stock Exchange. The corporate name was amended to 'PT. Bank Negara Indonesia Tbk', to show its status as a public company.The government's banking recapitalization program, launched after the economic crisis, provided Bank Negara Indonesia with additional capital of IDR 61,2 trillion.

Recent development

The bank introduced the latest logo in 2004. The nickname 'Bank BNI' was changed to 'BNI'.

Key Team

Mr. - Johansyah (Head of Legal Division)

Mr. Arom Mucharom M.M., S.E. (Head of Communications Division)

Mr. - Efrizal (Head of Sales Division)

Ms. Rosa Lima Dwi Mutiari (Member of Integrated Governance Committee)

Ms. Ayu Sari Wulandari (Head of Data & Analytics Management Division)

Mr. Muhammad Iqbal (Enterprise & Commercial Banking Director and Director)

Ms. Dhias Widhiyati (Head of SME Bus. Division)

References
Bank Negara Indonesia
Leadership team

Mr. Royke Tumilaar (Pres Director)

Ms. Novita Widya Anggraini (MD of Fin. & Director)

Mr. Yohan Y. Setio (Head of Investor Relations Division & Acting Chief of Economist)

Products/ Services
Banking, Finance, Financial Services
Number of Employees
20,000 - 50,000
Headquarters
Jakarta, Jakarta Raya, Indonesia
Established
1946
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
BBNI.JK
Social Media