# Maybank Indonesia / M2U ID App

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

Specifications:
- [Maybank Indonesia — official](https://www.maybank.co.id/en)

## Overview

**Maybank Indonesia** is **Indonesian subsidiary of Maybank (Malaysia's #1 bank by assets + market cap)** <sup>[1][1], [2][2], [Indonesia report](https://docs.barcoder.ai/docs/payments/ID)</sup>. **Sep 2025 baseline**: Rp198.0 trillion (USD 12.7B) total assets + Rp131.2 trillion customer deposits + 278 Indonesian branches including 20 Shariah branches + 1 Mumbai India branch + 22 Mobile Branches + 669 ATMs + **M2U ID App distinctive Indonesian Maybank mobile banking app** + Maybank Group ASEAN cross-border banking.

**Distinctive Maybank Indonesia positioning** <sup>[1][1], [2][2], [3][3]</sup>:
- **Indonesian subsidiary of Maybank** (Malaysia's #1 bank by assets + market cap)
- **Sep 2025**: Rp198.0 trillion (USD 12.7B) total assets + Rp131.2 trillion customer deposits
- **278 Indonesian branches including 20 Shariah branches + 1 Mumbai India branch + 22 Mobile Branches + 669 ATMs**
- **M2U ID App** — distinctive Indonesian Maybank mobile banking app
- **Maybank Indonesia Shariah banking distinctive** — 20 Shariah branches Indonesian Islamic banking
- **2008 Maybank acquires Bank Internasional Indonesia (BII) for USD 2.7B** — distinctive Malaysian-Indonesian banking acquisition

## History

**1959 — Bank Internasional Indonesia (BII) founded** in Indonesia.

**2008 — Maybank acquires Bank Internasional Indonesia (BII) for USD 2.7B (then RM 8.6B)** from Sinar Mas Group — distinctive Malaysian-Indonesian banking acquisition.

**2014 — M2U ID App mobile banking app launches**.

**2015 — Bank Internasional Indonesia (BII) renamed Maybank Indonesia** — distinctive Indonesian banking brand consolidation.

**Sep 2025**: Rp198.0 trillion total assets + Rp131.2 trillion customer deposits + 278 Indonesian branches + 22 Mobile Branches + 669 ATMs <sup>[1][1], [2][2]</sup>.

## Ownership & operator

**Operating entity**: **PT Bank Maybank Indonesia Tbk** (IDX: BNII).

**Major shareholders**: **Malayan Banking Berhad (Maybank; Malaysia's #1 bank by assets) ~78.98% controlling shareholder + UBS AG London Branch + Indonesian institutional + Indonesian retail public float**.

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

## Technical integration

**M2U ID App mobile banking app (iOS + Android)** + maybank.co.id online + Maybank Indonesia cards (Visa + Mastercard) + Maybank Indonesia 278-branch network + 22 Mobile Branches + 669 ATMs + **20 Shariah branches Indonesian Islamic banking** + **1 Mumbai India branch** (distinctive Indonesian banking India presence); QRIS + BI-FAST + Indonesian ACH (SKNBI) + Indonesian RTGS (BI-RTGS); Maybank Group ASEAN cross-border banking; **Maybank Indonesia Shariah banking distinctive**.

**M2U ID App distinctive features**: E-wallet top-up + Indonesian P2P + utility bill payments + investments + savings + transfers + credit card + loan management.

## Users & growth

**Sep 2025**: Rp198.0 trillion (USD 12.7B) total assets + Rp131.2 trillion customer deposits + 278 Indonesian branches including 20 Shariah branches + 1 Mumbai India branch + 22 Mobile Branches + 669 ATMs.

## Use cases

Indonesian retail + private + corporate + SME + investment + Islamic + insurance banking via M2U ID App + maybank.co.id online + cards + branches; QRIS + BI-FAST + Indonesian ACH + RTGS; **Maybank Indonesia Shariah banking** (20 Shariah branches Indonesian Islamic banking distinctive); **Maybank Group ASEAN cross-border banking** distinctive ASEAN regional integration.

## Implementations & partners

**Operator**: PT Bank Maybank Indonesia Tbk (IDX: BNII); **Malayan Banking Berhad (Maybank) ~78.98% controlling shareholder**.

**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) + [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) + [Bank Central Asia (BCA)](https://docs.barcoder.ai/docs/wallets/bank-central-asia) (Bank Central Asia; Indonesia #1 private + Hartono family) + [BNI Bank Negara Indonesia](https://docs.barcoder.ai/docs/wallets/bni-indonesia) (Bank Negara Indonesia; Indonesia #4 by assets + state-controlled) + [CIMB Niaga / OCTO Mobile](https://docs.barcoder.ai/docs/wallets/cimb-niaga) ([CIMB Group / CIMB OCTO](https://docs.barcoder.ai/docs/wallets/cimb) Indonesian subsidiary) + [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).

**Maybank Group sister entities**: [Maybank Malaysia](https://docs.barcoder.ai/docs/wallets/maybank-malaysia) (Malaysia parent) + [Maybank Singapore](https://docs.barcoder.ai/docs/wallets/maybank-singapore) + Maybank Philippines + Maybank Cambodia + Maybank Vietnam + Maybank PNG + Maybank Brunei + Maybank Myanmar + Maybank Laos + Maybank China + Maybank Hong Kong.

**Regulators**: OJK + BI.

## Fun facts

- **Indonesian subsidiary of Maybank** (Malaysia's #1 bank by assets + market cap).
- **Sep 2025**: Rp198.0 trillion (USD 12.7B) total assets + Rp131.2 trillion customer deposits.
- **278 Indonesian branches including 20 Shariah branches + 1 Mumbai India branch + 22 Mobile Branches + 669 ATMs**.
- **M2U ID App** — distinctive Indonesian Maybank mobile banking app.
- **2008 Maybank acquires Bank Internasional Indonesia (BII) for USD 2.7B** from Sinar Mas Group — distinctive Malaysian-Indonesian banking acquisition.
- **Maybank Indonesia Shariah banking distinctive** — 20 Shariah branches Indonesian Islamic banking.
- **1 Mumbai India branch** — distinctive Indonesian banking India presence (rare for Indonesian bank).

## Comparison

| Feature | Maybank Indonesia / M2U ID App | [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) | [CIMB Niaga / OCTO Mobile](https://docs.barcoder.ai/docs/wallets/cimb-niaga) ([CIMB Group / CIMB OCTO](https://docs.barcoder.ai/docs/wallets/cimb) Indonesian subsidiary rival) |
|---|---|---|---|---|---|
| Operator | **PT Bank Maybank Indonesia Tbk (IDX: BNII)** | 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 CIMB Niaga Tbk (IDX: BNGA; CIMB Group 92%+) |
| Type | **Maybank Indonesian subsidiary + Rp198.0 trillion assets + 278 Indonesian branches + 20 Shariah branches + 1 Mumbai India branch + M2U ID App** | 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 | CIMB Indonesian subsidiary + OCTO Mobile 5M+ MAU |
| Country | ID + IN (Mumbai) | ID + 5+ countries | ID + 4+ countries | ID + 4+ countries | ID + 4+ countries |
| Distinctive | **1959 BII founding; 2008 Maybank USD 2.7B BII acquisition; 2015 BII → Maybank Indonesia rename; Maybank Group ASEAN cross-border banking; Maybank Indonesia Shariah banking 20 Shariah branches; 1 Mumbai India branch distinctive Indonesian banking India presence; M2U ID App** | 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 | 2008 merger of Bank CIMB Niaga + Bank Lippo (Indonesia's largest banking merger by capitalization at the time) |

## Status

**Active, Indonesian subsidiary of Maybank (Malaysia's #1 bank by assets + market cap)** <sup>[1][1], [2][2], [3][3]</sup>:
- **PT Bank Maybank Indonesia Tbk (IDX: BNII)** since 1959 BII founding + 2008 Maybank USD 2.7B BII acquisition + 2015 BII → Maybank Indonesia rename.
- **Sep 2025: Rp198.0 trillion (USD 12.7B) total assets + Rp131.2 trillion customer deposits + 278 Indonesian branches**.
- **M2U ID App distinctive Indonesian Maybank mobile banking app**.
- **OJK + BI regulated**.

## Sources

[1]: https://www.maybank.co.id/en/corporateinformation "Maybank Indonesia — corporate information"
[2]: https://www.maybank.co.id/ebanking/maybank2u-apps "M2U ID App — Maybank Indonesia"
[3]: https://www.maybank.co.id/en "Maybank Indonesia — official"
[id-cro]: https://docs.barcoder.ai/docs/payments/ID

- [1] [Maybank Indonesia — corporate information][1]
- [2] [M2U ID App — Maybank Indonesia][2]
- [3] [Maybank Indonesia — official][3]
- <sup>[Indonesia report](https://docs.barcoder.ai/docs/payments/ID)</sup> In-corpus: `reports/countries/ID-indonesia.md`

## Source

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