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Friday, December 11, 2009

Bank Internasional Indonesia Profile


PT Bank Internasional Indonesia Tbk (BII) was established on May 15, 1959 and earn foreign exchange bank status in 1988 and listed its shares on the Jakarta Stock Exchange and Surabaya Stock Exchange in 1989 through initial public offering (initial public offering). Since then BII continues to grow into one of the nation's leading private bank in Indonesia with a vision of "Being the Best Bank in Indonesia that provide the Customer Service and Innovative Products World Class".

In December 2003, the Sorak Consortium to take over shares of the Bank for 51%, through a competitive sale process conducted by the National Bank Restructuring Agency (IBRA). Sorak consortium members comprised of Asia Financial Holdings Pte. Ltd, Kookmin Bank, ICB Financial Group Holdings Ltd and Barclays Bank PLC.

September 30, 2008 Maybank, through Mayban Offshore Corporate Services (Labuan) Sdn. Bhd.. (MOCS), a subsidiary wholly owned, completed acquisition of 100% stake in Sorak Financial Holdings Pte. Ltd., owner of 55.51% stake in BII. In December 2008, MOCS completed tender offer for the remaining BII shares.

BII is one of the largest banks in Indonesia with an international network which has 250 branches and more than 725 ATMs across Indonesia BII, and also are connected with more than 20,000 ATMs belonging to the ATM network PRIMA, ATM BERSAMA, ALTO, CIRRUS and DBS / POSB Bank Singapore, and also present in Mauritius, Mumbai and the Cayman Islands. With a total third party funds of Rp44 trillion and Rp57 trillion of assets, BII provides a range of financial services through branch offices and ATMs, phone banking and internet banking. BII has been listed on the Indonesia Stock Exchange (BNII) and is active in SME / Commercial, Consumer and Corporate.

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Thursday, December 10, 2009

Credit Suisse Bank Profile


The Credit Suisse Group (SIX: CSGN, NYSE: CS) is a financial services company, headquartered in Zurich, Switzerland. Credit Suisse was founded by Alfred Escher in 1856 under the name Schweizerische Kreditanstalt (SKA, Swiss Credit Institution). The bank is organized into three divisions, Investment Banking, Private Banking, and Asset Management. Shared Services, which includes functions such as IT, marketing and legal/compliance, encompasses all three major areas.

In 1942, it opened its first branch outside of Switzerland, in New York City. In 1988, it gained a controlling stake in The First Boston Corporation, hence the long-time name of its investment banking unit Credit Suisse First Boston. In 1993, Credit Suisse Group bought Schweizerische Volksbank (People's Bank of Switzerland). In 1996 the two retail banks were merged and renamed Credit Suisse. In 2000, it acquired the investment bank Donaldson, Lufkin & Jenrette (DLJ) and, with it, an e-commerce software portfolio, including DLJ Direct, that it later sold to the Bank of Montreal.

Structure, The Credit Suisse Group is structured in three divisions, Investment Banking, Private Banking and Asset Management . On January 16, 2006, Credit Suisse First Boston (CSFB), now the Investment Banking division, Credit Suisse Asset Management (CSAM), and Credit Suisse Private Banking (CSPB), re-branded themselves, becoming collectively known as Credit Suisse. This move was initiated to better leverage each others' resources and capabilities to create a "One Bank" brand and effort.

Credit Suisse, The Credit Suisse business unit is a provider of wide-ranging financial services in Europe and other selected markets. It offers investment products, private banking and financial advisory services for private and corporate clients. Credit Suisse was founded by Alfred Escher.

Private Banking - Credit Suisse is one of the world’s largest private banking organizations with branches in Switzerland and numerous international markets. Private Banking specializes in providing personal investment counseling and professional asset management to affluent individuals.

Corporate & Retail Banking - In Corporate & Retail Banking, Credit Suisse occupies a leading position in the Swiss market. It provides a wide range of banking services for private and corporate clients in Switzerland. In addition, it offers online banking services.

Financial Institutions - Advice and solutions for banks and financial institutions all around the world.
Credit Suisse First Boston (Renamed Credit Suisse, Investment Banking Division)

Credit Suisse First Boston (Renamed Credit Suisse) is active in investment banking, capital markets and financial services. It is a member of the prestigious bulge bracket of securities firms.

Institutional Securities - Securities serves the broad needs of institutional clients with expertise in Equities, Fixed Income, Prime Services and Research. Investment Banking serves corporate clients' needs through Mergers and Acquisitions, Equity Capital Markets, Debt Capital Markets, Private Placements and Leveraged Finance services.
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Wednesday, December 9, 2009

Bank OCBC NISP Profile


PT. Bank NISP Tbk, which is now PT. Bank OCBC NISP Tbk, is the fourth oldest bank in Indonesia, it was established in Bandung on
4 April 1941 under the name NV. Nederlandsch Indische Spaar En Deposito Bank.

Bank NISP continuously evolved into a solid and reliable bank, catering mainly to the Small and Medium Enterprise (SME) segment. It became a commercial bank in 1967, licensed as foreign exchange bank in 1990, and listed its shares on Indonesia Stock Exchange in 1994.

In the late 1998, the Bank successfully weathered the Asian financial crisis and the subsequent Indonesian banking crisis without requiring recapitalization by the government. In fact, Bank NISP became one of the first banks to resume large-scale consumer lending activity intensively through the successful KPR Merdeka home mortgage loan facility in 1999. The initiative paved the way for the Bank’s unprecedented rise in the new millennium, in which its assets grew from IDR 2,7 trillion in 1998 to IDR 29 trillion at the end of 2007. Moreover, as a proof of its successful journey, the Bank moved its Head Office from Bandung to Jakarta and occupy its new building, Bank NISP Tower, in the center of Jakarta.

At the end of 2008, OCBC Bank-Singapore had become the controlling shareholder of the Bank by 74.73% shares share ownership through a series of acquisition since 2004. With the support from OCBC Bank-Singapore, Bank NISP carried out various development and enhancement to reach National Bank status in accordance to Indonesian Banking Architecture and also to become Top-5 Commercial Bank (excluding government and foreign banks) in Indonesia.

To optimize the relationship with OCBC Bank Singapore, Bank NISP changed its name to PT. Bank OCBC NISP Tbk. This changes has brough Bank NISP very closely to OCBC Bank Singapore as one of the biggest banks in Asia. Moreover, this change also showed biggest commitment from OCBC Bank Singapore to continuously support Bank OCBC NISP. With the new name and brand, OCBC NISP will consistently build its commitment to give the best service for its customers and stakeholders, including the implementation of corporate social responsibility and good corporate governance principle.

Controlling Shareholder Profile : OCBC Bank Singapore
OCBC Bank is the oldest local bank in Singapore with networks, office representatives and affiliated companies in 15 countries and territories in Singapore, Malaysia, Indonesia, China, Hongkong, Brunei, Japan, Australia, England and USA. OCBC Bank’s subsidiary, Great Eastern Holding is the biggest insurance group in Singapore and Malaysia in term of Assets and market share. Meanwhile , its subsidiary in asset management, Lion Global is the biggest private investment management company in South East Asia.
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Citibank Profile


Citibank is a major international bank, founded in 1812 as the City Bank of New York, later First National City Bank of New York. Citibank is now the consumer banking arm of financial services giant Citigroup, one of the largest companies in the world. As of June 2009, Citigroup is the third largest bank holding company in the United States by total assets.

Citibank has retail banking operations in more than 100 countries and territories around the world. More than half of its 1,400 offices are in the United States, mostly in the New York City, Chicago, Los Angeles, San Francisco/Silicon Valley, and Miami. More recently, Citi has expanded to include the Boston, Philadelphia, Houston, Dallas, and Washington D.C. metropolitan areas, albiet with a mixed record of success[2]. It was reported that Citigroup executives were pleased with the performance of the Boston branches, but were less impressed with the Philadelphia experiment, according to a person familiar with the situation.

On September 24, 2009, The Wall Street Journal reported that Citi planned to narrow the focus of Citigroup's U.S. branch network to just six major metropolitan areas, including New York, Washington, Miami, Chicago, San Francisco and Los Angeles, where Citi has a substantial presence but ranks no higher than No. 3 in deposits. The article also noted that Citi could abandon or scale back where it is an also-ran, including Boston, Philadelphia and parts of Texas, according to people with knowledge of the discussions.

In addition to the standard banking transactions, Citibank offers insurance, credit card and investment products. Their online services division is among the most successful in the field, claiming about 15 million users.

As a result of the Global financial crisis of 2008–2009 and huge losses in the value of its subprime mortgage assets, Citibank was rescued by the U.S. government under plans agreed for Citigroup. On November 23, 2008, in addition to initial aid of $25 billion, a further $25 billion was invested in the corporation together with guarantees for risky assets amounting to $306 billion.

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HSBC Bank Profile


The HSBC Group is one of the largest banking and financial services organisations in the world, with 335,000 employees serving customers in 86 countries and territories around the world. With well-established businesses in Europe, Asia-Pacific, the Americas, and the Middle East and Africa, HSBC's unique combination of local knowledge and international expertise reflects its position as 'the world's local bank'.

Through its global businesses - Global Banking and Markets, Global Asset Management, Global Private Banking, and Global Transaction Banking - HSBC offers a comprehensive range of financial services to high net worth individuals, corporate, institutional and government clients worldwide. HSBC takes a long-term approach to our clients and invests time in building strong relationships and understanding each client's financial requirements.

At HSBC we offer the chance to begin a future with one of the few truly global banks. We are looking for high calibre, creative and motivated individuals with a genuine interest in global finance, the willingness to take on real responsibility and the desire to join us at this exciting time in our business. We offer a wide range of graduate and internship opportunities in the following business areas: Global Banking and Markets, Global Asset Management, Global Private Banking and Global Transaction Banking.

We can give you the opportunity to learn and develop the skills necessary to succeed; we have designed an extensive and structured induction programme offering comprehensive business and technical training as well as the opportunity to learn about our international culture, strategy and values and gain a range of transferable soft skills. You will continue to receive technical and personal development training as your programme progresses. In addition, you will work alongside some of the finest professionals in the industry, taking advantage of our extensive financial strength and international network.

Whichever programme is right for your skills and motivations, you will join a business with global reach, local knowledge, wide product range and sector expertise, and a commitment to integrity.

We'll help you begin a career where your contribution makes an impact on the business, the people we serve and the world around us.
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Tuesday, December 8, 2009

Bank Danamon Profile


PT Bank Danamon Indonesia Tbk was established in 1956 under the name of PT Bank Kopra Indonesia, in 1976, the Bank's name was changed to the present name, Bank Danamon Indonesia. The Bank became the first Indonesian private foreign exchange bank in 1976 and a publicly listed bank in 1989.

In 1977, as a result of the Asian financial crisis, Bank Danamon ran into liquidity insolvency and was placed under the supervision of the Indonesian Bank Restructuring Agency (IBRA) as a BTO (taken over) bank. In 1999, the government of Indonesia, thought IBRA, recapitalized the Bank with Rp 32 trillion of government bonds. Within the same year, another BTO bank was merger into Bank Danamon as part of the restructuring programme of IBRA.

In 2000, Bank Danamon took under its wings eight other BTO banks. As the surviving entity, Bank Danamon emerged from the merger as one of the pillar banks of Indonesia.

During the next three years, Bank Danamon underwent extensive restructuring involving management, people, organization, systems, core values and corporate identity. The efforts succeeded in laying down new foundations and infrastructure for the Bank to pursue growth based on transparency, responsibility, integrity and professionalism (TRIP).

In 2003, Bank Danamon was acquired by the Asia Finance Indonesia consortium which took a majority controlling stake in the Bank. With new management at the helm, and 180-day remapping of its business model and strategy, Bank Danamon continues to undergo a transformational change designed to mold it into a leading national bank and a key regional player.

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Bank CIMB Niaga Profile


Established on 26 September 1955, CIMB Niaga is currently the seventh largest bank in Indonesia in terms of assets. CIMB Niaga has the second-largest position in mortgage lending, currently commanding around 10% market share. The majority of the Bank's equity had been held by Bumiputra-Commerce Holdings Berhad (BCHB) since 25 November 2002 and on 16 August 2007 was transferred to CIMB Group Sdn Bhd, a wholly owned subsidiary of BCHB. As the first local bank to introduce ATM services in 1987 and also on-line banking system in 1991, CIMB Niaga is well regarded as one of the most innovative banks in Indonesia.

Over the years, CIMB Niaga has been well regarded for its track record in customer service excellence. Through the extensive branch offices and ATM network, as well as wide range of sophisticated electronic channels, CIMB Niaga offers a highly personalised banking experience to its customers. In 2006, CIMB Niaga was awarded "The Most Consistent Bank in Service Excellence" by the Marketing Research Indonesia (MRI).

CIMB Niaga's vision: To be the most trusted Indonesian bank that is part of South East Asias leading universal bank by understanding our customers' needs, providing the right comprehensive financial solution and building lifetime relationship.

Core Values:
- Integrity Is Everything
- Always Put Customer First
- Passion For Excellence

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