Bank Muamalat

Product for the Creditor (Shahibul Maal)
"Ummat Saving (Tabungan Ummat) is a Syariah (The Moslem Law) way of investment that enable you to deposit or withdrawal your cash money easily."
Benefit and Facilities :
ATM Card: 24 Hours Accessibility to more than 8800 ATM network, including BCA and ATM Bersama, all over Indonesia.
Can be used as a debit card to shop in more than 18000 merchant of BCA Debit card.
Interesting monthly profit sharing, will be added automatically to your saving account.
Real-time online system.
24 Hours Phone Banking, facility include: inquiry, transaction history, PIN Changing, transferring to another account, ZIS Payment.
Tithe Payment Auto-debit system.
Monthly Bills Payment Auto-Debit System (Phone Bill, Electricity, Mobile Phone, etc.)
Requirements :
Initial Deposit is Rp. 500.000,-
Minimum Deposit is Rp. 250.000,-
A Copy of ID Card.
Card Emboss Fee Rp. 7.500,-
Free Monthly fee (Balance Rp. 2.000.000,- will be charged Rp. 5.000,- per Month).
* ATM Bersama Members include: BNI, BRI, DANAMON, NIAGA, BUKOPIN, MEGA, PERMATA, NISP, BUMIPUTERA, DKI, JABAR, JATIM, SULSEL, KALTIM, KELSEL, IFI, BTPN, SWADESI, MAYAPADA, PRIMA EXPRESS, NUSANTARA PARAHYANGAN, STANDARD CHARTERED, ABN-AMRO, COMMONWEALTH BANK.

Read More ....

BII

Sekilas BII PT Bank Internasional Indonesia Tbk (BII) didirikan pada tanggal 15 Mei 1959 dan memperoleh status bank umum devisa pada tahun 1988 serta mencatatkan sahamnya di Bursa Efek Jakarta dan Bursa Efek Surabaya pada tahun 1989 melalui penawaran umum saham perdana (initial public offering). Sejak itu BII terus berkembang menjadi salah satu bank swasta nasional terkemuka di Indonesia dengan visi “Menjadi Bank Terbaik di Indonesia yang Menyediakan Layanan Nasabah dan Produk Inovatif Berkelas Dunia”.
Pada bulan Desember 2003, Konsorsium Sorak mengambil alih saham Bank sebesar 51%, melalui suatu proses penjualan kompetitif yang diselenggarakan oleh Badan Penyehatan Perbankan Nasional (BPPN). Anggota konsorsium Sorak terdiri dari Asia Financial Holdings Pte. Ltd, Kookmin Bank, ICB Financial Group Holdings Ltd dan Barclays Bank PLC.
BII adalah salah satu bank terbesar di Indonesia dengan jaringan internasional yang memiliki lebih dari 230 cabang dan 700 ATM di seluruh Indonesia serta tergabung dalam jaringan ATM ALTO dan CIRRUS. BII menyediakan serangkaian jasa keuangan melalui kantor cabang dan jaringan ATM, phonebanking dan internetbanking serta aktif di sektor UKM/Komersial, Konsumen dan Korporasi. BII menyediakan produk dan jasa untuk perusahaan berskala menengah dan komersial serta menyediakan kepada individu produk-produk kartu kredit, KPR, deposito, kredit otomotif, pinjaman dan layanan perbankan prioritas. Sedangkan layanan untuk nasabah korporasi adalah trade finance, cash management, pinjaman, kustodian dan foreign exchange

Read More ....

Profil Bank JATIM

Bank Pembangunan Daerah Jawa Timur, yang dikenal dengan sebutan Bank JATIM, didirikan pada tanggal 17 Agustus 1961 di Surabaya. Landasan hukum pendirian adalah Akte Notaris Anwar Mahajudin Nomor 91 tanggal 17 Agustus 1961 dan dilengkapi dengan landasan operasional Surat Keputusan Menteri Keuangan Nomor BUM.9-4-5 tanggal 15 Agustus 1961.
Selanjutnya berdasarkan Undang-Undang Nomor 13 Tahun 1962 tentang Ketentuan Pokok Bank Pembangunan Daerah dan Undang-Undang Nomor 14 Tahun 1967 tentang Pokok-Pokok Perbankan, pada tahun 1967 dilakukan penyempurnaan melalui Peraturan Daerah Propinsi Daerah Tingkat I Jawa Timur Nomor 2 Tahun 1976 yang menyangkut Status Bank Pembangunan Daerah dari bentuk Perseroan Terbatas(PT) menjadi Badan Usaha Milik Daerah(BUMD).
Secara operasional dan seiring dengan perkembangannya, maka pada tahun 1990 Bank Pembangunan Daerah Jawa Timur meningkatkan statusnya dari Bank Umum menjadi Bank Umum Devisa, hal ini ditetapkan dengan Surat Keputusan Bank Indonesia Nomor 23/28/KEP/DIR tanggal 2 Agustus 1990.
Untuk memperkuat permodalan, maka pada tahun 1994 dilakukan perubahan terhadap Peraturan Daerah Nomor 9 Tahun 1992 tanggal 28 Desember 1992 menjadi Peraturan Daerah Propinsi Daerah Tingkat I Jawa Timur Nomor 26 Tahun 1994 tanggal 29 Desember 1994 yaitu merubah Struktur Permodalan/Kepemilikan dengan diijinkannya Modal Saham dari Pihak Ketiga sebagai salah satu unsur kepemilikan dengan komposisi maksimal 30%.
Dalam rangka mempertahankan eksistensi dan mengimbangi tuntutan perbankan saat itu, maka sesuai dengan Rapat Umum Pemegang Saham Tahun Buku 1997 telah disetujui perubahan bentuk Badan Hukum Bank Pembangunan Daerah menjadi Perseroan Terbatas. Berdasarkan Pasal 2 Peraturan Menteri Dalam Negeri Nomor 1 Tahun 1998 tentang Bentuk Badan Hukum Bank Pembangunan Daerah, maka pada tanggal 20 Maret 1999 Dewan Perwakilan Rakyat Daerah (DPRD) Propinsi Daerah Tingkat I Jawa Timur telah mensahkan Peraturan Daerah Nomor 1 Tahun 1999 tentang Perubahan Bentuk Hukum Bank Pembangunan Daerah Jawa Timur dari Perusahaan Daerah (PD) menjadi Perseroan Terbatas (PT) Bank Pembangunan Daerah Jawa Timur.
Sesuai dengan Akte Notaris R. Sonny Hidayat Yulistyo, S.H. Nomor 1 tanggal 1 Mei 1999 yang telah ditetapkan dengan Surat Keputusan Menteri Kehakiman Nomor C2-8227.HT.01.01.Th tanggal 5 Mei 1999 dan telah diumumkan dalam Berita Negara Republik Indonesia tanggal 25 Mei 1999 Nomor 42 Tambahan Berita Negara Republik Indonesia Nomor 3008, selanjutnya secara resmi menjadi PT. Bank Pembangunan Daerah Jawa Timur.

Read More ....

History of Indonesia Stock Exchange

The capital market in Indonesia has actually exist long before the Independence of Indonesia. The first stock exchange in Indonesia was established on 1912 in Batavia during the Dutch colonial era. At that time, the Exchange was established for the interest of the Dutch East Indies (VOC).
During those era, the capital market grew gradually, and even became inactive for a period of time due to various conditions, such as the World War I and II, power transition from the Dutch government to Indonesian government, etc.
Indonesian government reactivated its capital market in 1977, and it grew rapidly ever since, along with the support of incentives and regulations issued by the government.
Below is the brief history of Indonesia Stock Exchange:

December 14, 1912
The first Stock Exchange in Indonesia was built in Batavia (currently known as Jakarta) by the Dutch East Indies.
1914 – 1918
The Batavia Stock Exchange was closed during the World War I.
1925 – 1942
The Batavia Stock Exchange was re-opened, and new stock exchanges were established in Semarang and Surabaya.
Early 1939
Due to the political issues on World War II, the stock exchanges in Semarang and Surabaya were closed.
1942 – 1952
Jakarta Stock Exchange (JSX) was re-closed during the World War II.
1952
JSX was re-activated by the issue of the Capital Market Emergency Regulations 1952 by the Minister of Justice of Indonesia (Prof. Dr. Sumitro Djojohadikusumo). The only product traded in the Exchange at that time was the Indonesian Government bond (1950).
1956
Due to the nationalism programs on Dutch’s companies by the Indonesian Government, JSX became stagnant.
1956 – 1977
During this period, JSX became inactive.
August 10, 1977
The Exchange was re-activated by the President Soeharto. It was supervised under the management of the Capital Market Supervisory Agency (Badan Pengawas Pasar Modal, or BAPEPAM). The re-activation of the capital market was also marked by the go public of PT Semen Cibinong as the first issuer listed in the JSX. July 10th is celebrated as the anniversary of the Capital Market in Indonesia.
1977 – 1987
The activity of stock trading in JSX was dull. There were only 24 listed companies in JSX. Most people prefered to invest their money in Banks rather than the Capital Market.
1987
PAKDES 87 (December Package 1987) was issued to give ways for companies to go public and foreign investors to invest their money in Indonesia.
1988 – 1990
Deregulations packages in Banking and Capital Market were made. JSX welcomed foreign investors. The activities of JSX were improving.
June 2,1988
Indonesia Pararel Bourse started to operate and managed by the Securities and Money Trading Organization. It consisted of brokers and dealers.
December 1988
The government issued PAKDES 88 to give ways for companies to go public, and some other regulations that brought positive impacts on the capital market growth were made.
June 16, 1989
Surabaya Stock Exchange started to operate and was managed by the Surabaya Stock Exchange Inc.
July 13, 1992
JSX was privatized, and as a result, the functions of BAPEPAM changed to become the Capital Market Supervisory Agency (BAPEPAM-LK). This date is celebrated as the anniversary of Jakarta Stock Exchange.
May 22, 1995
JSX introduced its computerized Jakarta Automatic Trading System (JATS).
November 10, 1995
The Government of Indonesia issued Regulations No. 8 year 1995 on capital market. This regulation was effective on January 1996.
1995
Indonesia Pararel Bourse was merged into Surabaya Stock Exchange.
2000
Scripless trading system was introduced for the first time in Indonesia’s Capital Market.
2002
JSX started to implement the remote trading system.
2007
Surabaya Stock Exchange was merged into Jakarta Stock Exchange. As a result, JSX changed its name into the Indonesia Stock Exchange

Read More ....

HSBC Amanah Syariah

Wherever you may be, it is our aim to meet your particular financial needs through your preferred channels. We also understand that customers demand more choice and greater flexibility in their day-to-day banking, which is why we are proud to introduce an alternative concept to conventional banking.

HSBC, with its global brand "HSBC Amanah", was the first foreign bank to start providing sharia- compliant banking services in Indonesia in 2003, locally known as HSBC Amanah Syariah. By regulation, for any "Unit Usaha Syariah", the word "Syariah" must be incorporated at the end of the bank's name, accordingly we are known as HSBC Amanah Syariah.
Syariah finance is a unique form of commerce in which financial products and services offered to investors and customers are structured so as to comply the Shariah law. From its opening in 20 October 2003, HSBC Amanah Syariah has been focusing on the corporate sector to meet their financing requirements by arranging Syariah corporate deal from a plain vanilla Murabahah financing to a complex syndicated deal.
After successfully offering products to corporate customers, HSBC Amanah Syariah launched services to retail clients on March 26, 2007. Syariah banking products and services are open to all people, both Muslims and non Muslims.

Read More ....

Bank Central Asia

The First Five Decades

BCA was first founded on 21 February 1957 as Bank Central Asia NV. A lot of things have happened since then—the most significant of all being perhaps the Asian monetary crisis in 1997.

Although this crisis had a tremendous impact on Indonesia’s entire banking system, in particular it affected BCA’s cash flow and even threatened its survival. Panic rush forced the bank to seek assistance from the Indonesian government. The Indonesian Banking Restructuring Agency (IBRA) took over BCA in 1998.

Thanks to its management’s business sagacity and shrewd decision making, full recovery was accomplished later in the same year. In December of 1998, third-party funds were back at the pre-crisis level. BCA’s assets stood at Rp 67.93 trillion, as opposed to Rp 53.36 trillion in December 1997. Public confidence in BCA was fully restored, and BCA was released by IBRA to BI in 2000.

Subsequently, BCA took a major step by going public. The IPO took place in 2000, selling 22.55% of BCA’s shares that were being divested by IBRA. After the IPO, the agency still controlled 70.30% of BCA’s total shares. The second Public Offering took place in June and July of 2001, with IBRA divesting an additional 10% of its interest in BCA.

In 2002, IBRA divested 51% of its BCA shares through a strategic private placement tender. The Mauritius-based Farindo Investment, Ltd won the tender. Today, BCA continues to strengthen its tradition of good corporate governance, full compliance with regulations, sound risk management and the commitment to its customers both as a transactional bank and an institution for financial intermediation.

Read More ....

BCA

Read More ....

Bank Indonesia

As an Independent State Institution

A new chapter in the history of Bank Indonesia as an independent central bank was initiated when a new Central Bank Act, the UU No. 23/1999 on Bank Indonesia, was enacted on May 17, 1999. The Act confers it the status and position as an independent state institution and freedom from interference by the Government or any other external parties.
As an independent state institution, Bank Indonesia is fully autonomous in formulating and implementing each of its task and authority as stipulated in the Act. External parties are strictly prohibited from interfering with Bank Indonesia's implementation of its tasks, and Bank Indonesia has the duty to refuse or disregard any attempt of interference in any form by any party.
In order to further assure its independence, the Act confers Bank Indonesia a special position within the civil structure of the Republic of Indonesia. As an independent state institution, the position of Bank Indonesia is not similar with other state high offices. In addition, the position of Bank Indonesia is not the same as that of other Government Departments, in that Bank Indonesia exists outside of the Government.
Such unique status and position are necessary so that Bank Indonesia can implement its role and function as monetary authority more effectively and efficiently.
As a Legal Entity Whether as a public legal entity or as civil legal entity, the position of Bank Indonesia is regulated by the statutes. As a public legal entity, Bank Indonesia has the authority to issue policy rules and regulations, which are binding to the public - at - large. As a civil legal entity, Bank Indonesia is able to represent itself in and outside the court of law.

Read More ....

Bank Rakyat Indonesia

Vision : To be a top commercial bank Who Gives Priority To Customer Satisfaction

Mission :

• To do the best banking activities by giving priority to serve micro, small, and middle size business to support the economy improvement of society.
• To give excellent service to the customer through wide network and professional human resources that apply good corporate governance.
• To give optimum advantage and benefit to related parties.

BRI Long Term Goal (2005):

• To be a healthy bank and one of the top five biggest banks in asset and profit.
• To be the biggest and the best bank in developing micro, small, and middle size business.
• To be the biggest and the best bank in developing agribusiness.
• To be one of the best go public bank.
• To be a bank who consistently applies good corporate governance.
• To make BRI’s working culture as the behaviour and attitude of all BRI’s employees.

History

Brief History of BANK BRI

At the beginning, Bank Rakyat Indonesia (BRI) was established in Purwokerto, Central Java by Raden Aria Wirjaatmadja. At that time it was called “Hulp-en Spaarbank der Inlandsche Bestuurs Ambtenaren” which means The Aid and Savings Bank Belongs to The Indonesian Upper Class. Established at December, 16^th 1895, it became the establishment day for BRI.

The founder of Bank Rakyat Indonesia, Raden Aria Wirjaatmadja, in the period before Republik Indonesia’s independence, based on Peraturan Pemerintah No. 1 tahun 1946 Pasal 1 which said that BRI is the first Government Bank in Republik Indonesia. At the war to defend Indonesia’s independence in 1948, BRI’s activities was stopped for a while before reactived after the Renville Agreement in 1949 and changed its name into “Bank Rakyat Indonesia Serikat”. At that time through PERPU No. 41 tahun 1960 was formed Bank Koperasi Tani dan Nelayan (BKTN) which was the merger of BRI, Bank Tani Nelayan and Nederlandsche Maatschappij (NHM). Then, based on Penetapan Presiden (Penpres) No. 9 tahun 1965, BKTN was integrated into Bank Indonesia with the name Bank Indonesia Urusan Koperasi Tani dan Nelayan

After being active for one month, the government announced Penpres No. 17 tahun 1965 about the establishment of single entity bank with the name Bank Negara Indonesia. In that new regulation, Bank Indonesia Urusan Koperasi, Tani dan Nelayan (ex BKTN) was intergrated with the name Bank Negara Indonesia Second Unit Rural category, while NHM became Bank Negara Indonesia Second Unit Export Import category (Exim).

Based on Undang-Undang No. 14 tahun 1967 about Banking Main Regulations dan Undang-undang No. 13 tahun 1968 about Central Bank Regulations, which contain the regulations of returning Bank Indonesia’s function as Central Bank and splitting Bank Negara Indonesia Second Unit Rural category and Export Import category into two separate banks which is Bank Rakyat Indonesia dan Bank Ekspor Impor Indonesia. After that, based on Undang-undang No. 21 tahun 1968, redetermined BRI’s main tasks as General Bank.

Since August 1^st, 1992 based on Undang-undang perbankan No. 7 tahun 1992 and Peraturan Pemerintah RI No. 21 tahun 1992, BRI’s status changed into PT. Bank Rakyat Indonesia (Persero) which 100 % of it shares still belong to the government.

PT. BRI (Persero) which was established since 1895 based on the determination to serve lower class society, is still consistent to do so until now by focusing on giving credit facility to small enterpreneur groups. It is reflected by the development of the KUK distribution which increased from Rp. 6.419,8 billion in 1994 to Rp. 8.231,1 billion in 1995 and until September 1999 the number has reached Rp. 20.466 billion.

Along with the rapid development of Banking world until today, Bank Rakyat Indonesia has had 4.447 working units, which consist of 1 BRI Head Office, 12 Regional Offices, 12 Inspectorate Offices, 170 Branch Offices, 145 Sub Branch Offices, 1 Special Branch Office, 1 New York Agency, 1 Caymand Island Agency, 1 Hongkong Representative Office, 40 Cash Payment Offices, 6 Bank Car Offices, 193 P.POINT, 3.705 BRI UNITS and 357 Rural Service Posts.

Read More ....