# Bank Neo Commerce

> Source: https://docs.barcoder.ai/docs/wallets/neo-bank-indonesia
> research date 2026-06-01 · extracted at 2026-10-03
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [Neo Bank — official](https://www.bankneocommerce.co.id/)

## Key details

- **Parent:** Akulaku Group
- **Launch:** 1989

## Overview

**Bank Neo Commerce** is **Indonesian digital-first commercial bank** + **IDX: BBYB** + **Akulaku Group Chinese-Indonesian fintech super-app parent ~25%+ controlling + Yuxin Yu Chinese tech entrepreneur + Indonesian retail + institutional + foreign investors free float** + **one of Indonesia's leading digital-first commercial banks** + **founded 1989 in Jakarta Indonesia as Bank Yudha Bhakti then 2020 Bank Neo Commerce rebrand + digital-first transformation by Akulaku Group** <sup>[1][1], [Indonesia report](https://docs.barcoder.ai/docs/payments/ID)</sup>.

## History

**1989 — Bank Yudha Bhakti founded in Jakarta Indonesia as Indonesian military-affiliated commercial bank by Indonesian Armed Forces TNI pension fund**.

**2020 — Bank Neo Commerce rebrand consolidating Bank Yudha Bhakti + digital-first transformation by Akulaku Group Chinese-Indonesian fintech super-app parent** distinctive Indonesian digital banking heritage.

## Ownership & operator

**Operating entity**: **Bank Neo Commerce BNC** (Indonesian digital-first commercial bank; IDX: BBYB).

**Major shareholders**: **Akulaku Group (Chinese-Indonesian fintech super-app parent; Akulaku consumer credit + Akulaku Pay + Asetku investment) ~25%+ controlling + Yuxin Yu (Chinese tech entrepreneur) + Indonesian retail + institutional + foreign investors free float**.

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

## Technical integration

Neo Bank Mobile app (iOS + Android) + bankneocommerce.co.id online + Bank Neo Commerce digital-first retail commercial banking + limited Indonesian branch network + Neo Visa + Mastercard cards; QRIS (Quick Response Code Indonesian Standard; Indonesian national QR payment scheme) + BI-FAST (Indonesian instant payments) + EMVCo QRCPS QR payments + Indonesian Rupiah IDR domestic transfers; Akulaku Indonesian fintech wallet integration via Akulaku Group parent.

## Implementations & partners

**Major Indonesian banking + payments competitors**: [Bank Rakyat Indonesia (BRI)](https://docs.barcoder.ai/docs/wallets/bank-rakyat-indonesia) (BRI) + [Bank Mandiri (Livin' by Mandiri)](https://docs.barcoder.ai/docs/wallets/bank-mandiri) (Bank Mandiri) + [Bank Central Asia (BCA)](https://docs.barcoder.ai/docs/wallets/bank-central-asia) (BCA) + [BNI Bank Negara Indonesia](https://docs.barcoder.ai/docs/wallets/bni-indonesia) (BNI) + [Bank Jago](https://docs.barcoder.ai/docs/wallets/bank-jago) (Bank Jago; IDX: ARTO; GoTo Group parent) + [SeaBank Indonesia (Monee)](https://docs.barcoder.ai/docs/wallets/seabank-id) (SeaBank Indonesia; Sea Limited NYSE: SE parent) + [Allo Bank Indonesia](https://docs.barcoder.ai/docs/wallets/allo-bank) (Allo Bank; IDX: BBHI; Mega Corpora + Bukalapak partnership) + [LINE Bank by Hana Bank Indonesia](https://docs.barcoder.ai/docs/wallets/line-bank-indonesia) (LINE Bank by Hana Bank Indonesia) + [QRIS](https://docs.barcoder.ai/docs/standards/qris) (QRIS Indonesian national QR payment scheme).

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

## Status

**Active, Indonesian digital-first commercial bank + IDX:BBYB + Akulaku Group Chinese-Indonesian fintech super-app parent ~25%+ controlling + Yuxin Yu Chinese tech entrepreneur + one of Indonesia's leading digital-first commercial banks + founded 1989 in Jakarta Indonesia as Bank Yudha Bhakti then 2020 Bank Neo Commerce rebrand + digital-first transformation by Akulaku Group** <sup>[1][1], [2][2]</sup>.

## Sources

[1]: https://www.bankneocommerce.co.id/ "Neo Bank — official"
[2]: https://en.wikipedia.org/wiki/Bank_Neo_Commerce "Neo Bank — Wikipedia"
[id-cro]: https://docs.barcoder.ai/docs/payments/ID

- [1] [Neo Bank — official][1]
- [2] [Neo Bank — Wikipedia][2]
- <sup>[Indonesia report](https://docs.barcoder.ai/docs/payments/ID)</sup> In-corpus: `reports/countries/ID-indonesia.md`

## Source

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