# CIMB Niaga / OCTO Mobile

> Source: https://docs.barcoder.ai/docs/wallets/cimb-niaga
> research date 2026-05-30 · extracted at 2026-10-07
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [CIMB Niaga — official](https://www.cimbniaga.co.id/)

## Overview

**CIMB Niaga (PT Bank CIMB Niaga Tbk)** is **CIMB Group's Indonesian subsidiary** + **one of Indonesia's largest private commercial banks** <sup>[1][1], [2][2], [Indonesia report](https://docs.barcoder.ai/docs/payments/ID)</sup>. **Q1 2025 baseline**: 35% YoY OCTO Mobile + internet banking financial transaction volume growth + Rp 2.2 trillion Q1 2025 net income supported by digital transaction growth + OCTO Mobile by CIMB Niaga distinctive Indonesian super-app; Aug 2025 OCTO Mobile transactions significant 2025 YoY growth (per CIMB Niaga's President Director Lani Darmawan).

**Distinctive CIMB Niaga positioning** <sup>[1][1], [2][2], [3][3], [4][4]</sup>:
- **CIMB Group's Indonesian subsidiary** (CIMB Group is Malaysia #2 by assets after Maybank; Khazanah Nasional Malaysian sovereign wealth fund controlling)
- **One of Indonesia's largest private commercial banks**
- **Q1 2025**: 35% YoY OCTO Mobile + internet banking financial transaction volume growth
- **Rp 2.2 trillion Q1 2025 net income** supported by digital transaction growth
- **OCTO Mobile by CIMB Niaga** — distinctive Indonesian super-app (rebranded from earlier "Go Mobile by CIMB Niaga" / "CIMB Clicks" mobile banking app)
- **2008 merger of Bank CIMB Niaga + Bank Lippo** → distinctive Indonesia's largest banking merger by capitalization at the time
- **1955 Bank Niaga founding** + **2002 CIMB Group Bank Niaga ~52% acquisition** — distinctive Malaysian-Indonesian banking acquisition

## History

**Sep 26 1955 — Bank Niaga founded** in Indonesia — distinctive Indonesian banking heritage.

**2002 — CIMB Group (Malaysia) acquires Bank Niaga ~52% stake** — distinctive Malaysian-Indonesian banking acquisition.

**Jun 1 2008 — CIMB Group merges Bank CIMB Niaga + Bank Lippo → PT Bank CIMB Niaga Tbk** — distinctive Indonesia's largest banking merger by capitalization at the time.

**2012 — Go Mobile by CIMB Niaga / CIMB Clicks mobile banking app launches**.

**2020 — OCTO Mobile by CIMB Niaga launches** as Indonesian super-app rebranded from Go Mobile by CIMB Niaga / CIMB Clicks.

**Q1 2025 — 35% YoY OCTO Mobile + internet banking financial transaction volume growth + Rp 2.2 trillion Q1 2025 net income** <sup>[3][3], [4][4]</sup>.

**Aug 2025 — OCTO Mobile transactions significant 2025 YoY growth** (per CIMB Niaga's President Director Lani Darmawan) <sup>[4][4]</sup>.

## Ownership & operator

**Operating entity**: **PT Bank CIMB Niaga Tbk** (IDX: BNGA).

**Major shareholders**: **CIMB Group Holdings Berhad (Malaysia) ~92% controlling + Indonesian institutional + Indonesian retail public float**.

**Regulators**: **OJK (Otoritas Jasa Keuangan) + BI (Bank Indonesia)**.

## Technical integration

**OCTO Mobile by CIMB Niaga** (iOS + Android; distinctive Indonesian super-app) + cimbniaga.co.id online + CIMB Niaga cards (Visa + Mastercard) + CIMB Niaga Indonesian branch network; QRIS + BI-FAST + Indonesian ACH (SKNBI) + Indonesian RTGS (BI-RTGS); **OCTO Clicks (CIMB Niaga internet banking)** + **OCTO Pay** + CIMB Niaga Shariah banking + CIMB Niaga Auto Finance + CIMB Niaga Securities + CIMB Niaga Sun Life (CIMB Niaga + Sun Life Indonesia joint insurance venture).

**OCTO Mobile distinctive features**: Indonesian P2P + Indonesian QRIS merchant payments + Indonesian utility bill payments + investments + savings + transfers + credit card + loan management + Lifestyle.

## Users & growth

**Q1 2025**: 35% YoY OCTO Mobile + internet banking financial transaction volume growth + Rp 2.2 trillion Q1 2025 net income (supported by digital transaction growth); Aug 2025 OCTO Mobile transactions significant 2025 YoY growth (per CIMB Niaga's President Director Lani Darmawan).

## Use cases

Indonesian retail + private + corporate + SME + investment + Shariah + auto-finance + insurance banking via OCTO Mobile by CIMB Niaga + cimbniaga.co.id online + cards + branches; QRIS + BI-FAST + Indonesian ACH + RTGS; **OCTO Mobile distinctive Indonesian super-app**: Lifestyle + Indonesian P2P + Indonesian QRIS merchant payments + Indonesian utility bill payments + investments + savings + transfers + credit card + loan management.

## Implementations & partners

**Operator**: PT Bank CIMB Niaga Tbk (IDX: BNGA); **CIMB Group Holdings Berhad (Malaysia) ~92% controlling shareholder**.

**Subsidiaries**: **CIMB Niaga Shariah banking** + **CIMB Niaga Auto Finance** + **CIMB Niaga Securities** + **CIMB Niaga Sun Life** (CIMB Niaga + Sun Life Indonesia joint insurance venture).

**Major Indonesian banking competitors**: [Bank Mandiri (Livin' by Mandiri)](https://docs.barcoder.ai/docs/wallets/bank-mandiri) (Bank Mandiri; Indonesia #1 by assets + state-controlled + Livin' by Mandiri 25M+ MAU) + [Bank Rakyat Indonesia (BRI)](https://docs.barcoder.ai/docs/wallets/bank-rakyat-indonesia) (Bank Rakyat Indonesia; Indonesia #2 by assets + state-controlled + Indonesia's largest microfinance bank + BRImo 40M+ MAU + 9,500+ branches) + [Bank Central Asia (BCA)](https://docs.barcoder.ai/docs/wallets/bank-central-asia) (Bank Central Asia; Indonesia #1 private + Hartono family controlling + myBCA 30M+ MAU) + [BNI Bank Negara Indonesia](https://docs.barcoder.ai/docs/wallets/bni-indonesia) (Bank Negara Indonesia; Indonesia #4 by assets + state-controlled) + [Maybank Indonesia / M2U ID App](https://docs.barcoder.ai/docs/wallets/maybank-indonesia) (Maybank Indonesian subsidiary; M2U ID App; Rp198T assets) + [OCBC NISP (Bank OCBC NISP Indonesia) / OCBC mobile Indonesia](https://docs.barcoder.ai/docs/wallets/ocbc-nisp) ([OCBC Singapore App](https://docs.barcoder.ai/docs/wallets/ocbc-bank) Indonesian subsidiary) + Panin Bank + BTPN (post-2019 Sumitomo Mitsui + Bank Sumitomo Mitsui Indonesia merger).

**CIMB Group sister entities**: [CIMB Group / CIMB OCTO](https://docs.barcoder.ai/docs/wallets/cimb) (Malaysia parent; CIMB Group Holdings Berhad; KLSE: CIMB) + CIMB Bank Singapore + CIMB Bank Philippines + CIMB Thai + CIMB Bank Cambodia + CIMB Investment Bank.

**Regulators**: OJK + BI.

## Fun facts

- **CIMB Group's Indonesian subsidiary** (CIMB Group is Malaysia #2 by assets after Maybank; Khazanah Nasional Malaysian sovereign wealth fund controlling).
- **One of Indonesia's largest private commercial banks**.
- **Q1 2025**: 35% YoY OCTO Mobile + internet banking financial transaction volume growth.
- **Rp 2.2 trillion Q1 2025 net income** supported by digital transaction growth.
- **OCTO Mobile by CIMB Niaga** — distinctive Indonesian super-app (rebranded from earlier "Go Mobile by CIMB Niaga" / "CIMB Clicks" mobile banking app).
- **Jun 1 2008 merger of Bank CIMB Niaga + Bank Lippo** → distinctive Indonesia's largest banking merger by capitalization at the time.
- **Sep 26 1955 Bank Niaga founding** + **2002 CIMB Group Bank Niaga ~52% acquisition** — distinctive Malaysian-Indonesian banking acquisition.

## Comparison

| Feature | CIMB Niaga / OCTO Mobile | [Bank Mandiri (Livin' by Mandiri)](https://docs.barcoder.ai/docs/wallets/bank-mandiri) (Indonesia #1 state-controlled rival) | [Bank Rakyat Indonesia (BRI)](https://docs.barcoder.ai/docs/wallets/bank-rakyat-indonesia) (Indonesia #2 + largest microfinance rival) | [Bank Central Asia (BCA)](https://docs.barcoder.ai/docs/wallets/bank-central-asia) (Indonesia #1 private + Hartono family rival) | [Maybank Indonesia / M2U ID App](https://docs.barcoder.ai/docs/wallets/maybank-indonesia) (Maybank Indonesian subsidiary; M2U ID App rival) |
|---|---|---|---|---|---|
| Operator | **PT Bank CIMB Niaga Tbk (IDX: BNGA)** | PT Bank Mandiri (Persero) Tbk (IDX: BMRI; Govt Indonesia 60%+) | PT Bank Rakyat Indonesia (Persero) Tbk (IDX: BBRI; Govt Indonesia 53%+) | PT Bank Central Asia Tbk (IDX: BBCA; Hartono family ~54%) | PT Bank Maybank Indonesia Tbk (IDX: BNII) |
| Type | **CIMB Group Indonesian subsidiary + CIMB Group ~92% controlling + one of Indonesia's largest private commercial banks + OCTO Mobile by CIMB Niaga distinctive Indonesian super-app + Q1 2025 35% YoY OCTO transaction volume growth + Rp 2.2T Q1 2025 net income** | Indonesia #1 by assets state-controlled + Livin' by Mandiri 25M+ MAU | Indonesia #2 by assets state-controlled + Indonesia's largest microfinance bank + BRImo 40M+ MAU + 9,500+ branches | Indonesia #1 private + Hartono family controlling + myBCA 30M+ MAU | Maybank Indonesian subsidiary + Rp198.0 trillion assets + 278 Indonesian branches + 20 Shariah branches + 1 Mumbai India branch + M2U ID App |
| Country | ID | ID + 5+ countries | ID + 4+ countries | ID + 4+ countries | ID + IN (Mumbai) |
| Distinctive | **Sep 26 1955 Bank Niaga founding; 2002 CIMB Group Bank Niaga ~52% acquisition; Jun 1 2008 Bank CIMB Niaga + Bank Lippo merger (Indonesia's largest banking merger by capitalization at the time); 2020 OCTO Mobile by CIMB Niaga launch; Q1 2025 35% YoY OCTO + internet banking transaction volume growth; Rp 2.2T Q1 2025 net income; CIMB Niaga + Sun Life Indonesia joint insurance venture** | 1998 founding via 4 Indonesian state banks merger (Bank Bumi Daya + Bank Dagang Negara + Bank Exim + Bapindo) | 1895 founding as De Poerwokertosche Hulp-en Spaarbank der Inlandsche Hoofden (world's oldest microfinance bank) | 1957 founding by Sudono Salim (Liem Sioe Liong); 2003 Hartono family acquisition; 1998 Indonesian financial crisis BCA bailout | 1959 BII founding; 2008 Maybank USD 2.7B BII acquisition; 2015 BII → Maybank Indonesia rename |

## Status

**Active, CIMB Group's Indonesian subsidiary + one of Indonesia's largest private commercial banks** <sup>[1][1], [2][2], [3][3], [4][4]</sup>:
- **PT Bank CIMB Niaga Tbk (IDX: BNGA)** since Sep 26 1955 Bank Niaga founding + 2002 CIMB Group Bank Niaga ~52% acquisition + Jun 1 2008 Bank CIMB Niaga + Bank Lippo merger.
- **CIMB Group Holdings Berhad (Malaysia) ~92% controlling shareholder**.
- **OCTO Mobile by CIMB Niaga distinctive Indonesian super-app + Q1 2025 35% YoY OCTO transaction volume growth + Rp 2.2T Q1 2025 net income**.
- **OJK + BI regulated**.

## Sources

[1]: https://www.cimbniaga.co.id/id/personal/digital-banking/octo-mobile "Aplikasi OCTO — CIMB Niaga"
[2]: https://branchlessbanking.cimbniaga.co.id/en/octo-mobile/ "Digital Banking — CIMB Niaga"
[3]: https://reportasebali.id/2025/08/06/transaksi-octo-mobile-cimb-niaga-naik-signifikan-di-tahun-2025/ "Transaksi OCTO Mobile CIMB Niaga Naik Signifikan di Tahun 2025 — Reportase Bali"
[4]: https://play.google.com/store/apps/details?id=id.co.cimbniaga.mobile.android "OCTO by CIMB Niaga — Google Play"
[id-cro]: https://docs.barcoder.ai/docs/payments/ID

- [1] [Aplikasi OCTO — CIMB Niaga][1]
- [2] [Digital Banking — CIMB Niaga][2]
- [3] [Transaksi OCTO Mobile CIMB Niaga Naik Signifikan di Tahun 2025 — Reportase Bali][3]
- [4] [OCTO by CIMB Niaga — Google Play][4]
- <sup>[Indonesia report](https://docs.barcoder.ai/docs/payments/ID)</sup> In-corpus: `reports/countries/ID-indonesia.md`

## Source

Biography extracted from [cimb-niaga.md](https://docs.barcoder.ai/source/wallets/cimb-niaga). See `matrix.md` for standards-support matrix if present.