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Director Treasury, International Banking, dan Special Asset Management : Darmawan Junaidi.Director Corporate Banking : Alexandra Askandar.
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Director Teknologi Informasi : Rico Usthavia Frans.Director Manajemen Risiko : Ahmad Siddik Badruddin.Director Consumer & Retail Transaction : Hery Gunardi.Vice-President Director : Sulaiman Arif Arianto.In 2004, the bank opened a branch in Dili, East Timor and a representative office in Shanghai, China. Habibie during his presidency, with the hope that the bank could become a self-reliant bank and encourage the people, especially who need microfinancing, to also become self-reliant. The name Mandiri ( Indonesian for "self-reliant" or "independent") was coined by President B. Bank Mandiri was established on 2 October 1998, and the merged banks operated effectively as a single bank starting on 31 July 1999. In 1998, the government merged BBD, BDN, BankExim and Bapindo to create Bank Mandiri to restructurize some state-owned banks to manage impacts of financial crisis at the time. In 1986, Bapindo expanded into general commercial banking. Bapindo specialised in medium and long-term financing of manufacturing, tourism and transportation. In 1960, the Indonesian government established Bapindo and merged BIN into it. The bank was aimed to finance priority sectors, such as plantations, industry and mining. Bank Pembangunan Indonesia ( Bapindo, "Development Bank of Indonesia") has its root from Bank Industri Negara (BIN, "State Industrial Bank"), which was established in 1951.Escomptobank NV, previously Nederlandsch Indische Escompto Maatschappij until 1949, was established in Batavia in 1857. Bank Dagang Negara ( BDN, "State Trading Bank") was established in 1960 from the nationalization of Escomptobank NV.In 1968, the government split BNI II into two parts, with the BNI Unit II Export-Import Division becoming BankExim, which specialised in trade finance. The bank then merged into BNI by the government in 1965 and became Bank Negara Indonesia Unit II (BNI II). Bank Ekspor Impor Indonesia ( BankExim, "Export Import Bank of Indonesia") was created in 1960 as the Indonesian government nationalized the Indonesian operations of Nederlandsche Handel-Maatschappij.In 1965 the government brought Bank Umum Negara into BNI, renaming it Bank Negara Indonesia Unit IV (BNI IV), but in 1968 BNI IV became an independent bank again with the name Bank Bumi Daya. In 1964, the government nationalized Chartered Bank's operations in Indonesia and merged them into Bank Umum Negara the British overseas bank had first entered Indonesia in 1863 when it opened an agency in Batavia (now Jakarta). Bank Bumi Daya ( BBD) starts from 1959, when the government nationalized Nationale Handelsbank's operations in Indonesia as a part of boycott on Dutch companies amid both nation's dispute over Western New Guinea, and from them the government created Bank Umum Negara ("State General Bank").During the amalgamation and reorganisation, the government reduced the number of branches by 194 and the number of personnel from 26,600 to 17,620.īank Bumi Daya and Bank Ekspor Impor Indonesia was previously merged in 1965 by the Indonesian government under Guided Democracy into Bank Negara Indonesia (BNI) umbrella, 1968: The Indonesian government then reorganized the banks in 1968 as the New Order government took place.
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Those four banks were Bank Bumi Daya, Bank Dagang Negara, Bank Ekspor Impor Indonesia, and Bank Pembangunan Indonesia. The former logo of Bank Mandiri, used until January 2008.īank Mandiri is the result of the merger made by Indonesian government from four older government-owned banks that failed in 1998.