Bank Danamon Indonesia

0 standards supported

Key details

Parent: branch network

Overview

Bank Danamon Indonesia is IDX: BDMN + Indonesian commercial bank + MUFG Bank Mitsubishi UFJ Japanese parent TYO: 8306 ~92.5% controlling + one of Indonesia's largest private commercial banks by branch network ^{1, Indonesia report}.

History

Jul 1956 — Bank Kopra Indonesia founded in Jakarta.

1976 — Renamed Bank Danamon Indonesia.

2003 — Asia Financial (Indonesia) consortium acquires Bank Danamon from Indonesian state post-1997-98 Asian financial crisis.

Apr 2019 — MUFG Bank Mitsubishi UFJ Japanese parent acquires majority controlling stake in Bank Danamon distinctive Indonesian banking acquisition.

2014 — D-Bank PRO mobile banking app launch.

Ownership & operator

Operating entity: PT Bank Danamon Indonesia Tbk (Indonesian commercial bank; MUFG Bank Japanese parent).

Major shareholders: MUFG Bank Mitsubishi UFJ Financial Group (TYO: 8306 + NYSE: MUFG; Japanese banking group; Japan's largest commercial bank by assets) ~92.5% controlling + Indonesian retail + institutional + foreign investors free float.

Regulators: OJK Indonesia + BI Bank Indonesia + JFSA Japan.

Technical integration

D-Bank PRO mobile app (iOS + Android; ~7M+ Indonesian customers) + danamon.co.id online + Bank Danamon branch network across Indonesia + Bank Danamon Visa + Mastercard + UnionPay + JCB cards; ID IBAN + QRIS + BI-FAST.

Implementations & partners

MUFG Bank parent: MUFG Bank (Mitsubishi UFJ Direct app) (MUFG Bank Mitsubishi UFJ Financial Group; TYO: 8306 + NYSE: MUFG; Japanese banking group; Japan's largest commercial bank by assets).

Major Indonesian banking + payments competitors: Bank Central Asia (BCA) (BCA Bank Central Asia; IDX: BBCA; Indonesia's largest commercial bank by market capitalization) + Bank Rakyat Indonesia (BRI) (BRI Bank Rakyat Indonesia; IDX: BBRI; Indonesia's largest commercial bank by assets + customers ~190M+) + Bank Mandiri (Livin' by Mandiri) (Bank Mandiri; IDX: BMRI; Indonesia's largest commercial bank by assets) + BNI Bank Negara Indonesia (BNI Bank Negara Indonesia; IDX: BBNI) + Bank Syariah Indonesia (BSI Mobile + BYond by BSI) (BSI Bank Syariah Indonesia; IDX: BRIS; Indonesia's largest Islamic bank) + CIMB Niaga / OCTO Mobile (CIMB Niaga; CIMB Group Malaysian parent Indonesian subsidiary) + OCBC NISP (Bank OCBC NISP Indonesia) / OCBC mobile Indonesia (Bank OCBC NISP Indonesia; OCBC Singapore parent) + Bank Jago (Bank Jago; IDX: ARTO; Indonesian digital bank by Gojek/GoTo Group) + GoPay (GoPay; GoTo Group Indonesian mobile wallet; ~30M+ users) + OVO (OVO Indonesian mobile wallet) + DANA (DANA Indonesian mobile wallet) + LinkAja (LinkAja Indonesian state-anchored mobile wallet by BUMN consortium).

Regulators: OJK Indonesia + BI Bank Indonesia + JFSA Japan.

Status

Active, IDX:BDMN + Indonesian commercial bank + MUFG Bank Mitsubishi UFJ Japanese parent TYO:8306 ~92.5% controlling + one of Indonesia's largest private commercial banks by branch network ^{1, 2}.

Sources

1 Danamon — official
2 Bank Danamon — Wikipedia
^{Indonesia report} In-corpus: reports/countries/ID-indonesia.md

Source

Biography extracted from danamon-indonesia.md. See matrix.md for standards-support matrix if present.