PT Bank ICBC Indonesia

PT Bank ICBC Indonesia is a commercial bank operating in Indonesia. Its official profile says the institution was established through the acquisition of PT Bank Halim Indonesia by Industrial and Commercial Bank of China Limited (ICBC Limited). PT Bank Halim Indonesia had previously been named PT Bankit, established in 1970. The bank adopted the name PT Bank ICBC Indonesia on September 28, 2007. The ownership information published by the bank identifies ICBC Limited as the controlling shareholder with 98.61% of its shares; PT Intidana Wijaya holds the remaining 1.39%. The Indonesian bank is therefore part of the wider ICBC group, while operating as a locally established banking entity. The supplied profile does not state its headquarters address or identify individual founders or current executives. The bank describes its customer focus as encompassing Corporate and Commercial, Consumer, and Small and Medium Enterprises (SMEs). Its online product catalogue covers corporate financing and transaction services, retail deposits and payment products, and other services. Corporate offerings listed include working-capital, investment, and project financing, international trade financing, bank guarantees, payroll, corporate internet banking, global cash management, virtual accounts, and corporate current accounts. Retail offerings include savings and current accounts, credit cards, ATM cards, personal internet and mobile banking, mortgages, and bancassurance. Other listed services include SME loans, foreign-currency remittance and exchange, cross-border renminbi services, and local-currency settlement related to Indonesia–China transactions. The bank reports a network of branch offices across seven Indonesian provinces: DKI Jakarta, West Java, East Java, North Sumatra, Riau Islands, East Kalimantan, and South Sulawesi. Its website also provides customer-service contacts, product information, rates, announcements, and customer-care access. These details describe the institution and offerings documented on its official website; the supplied evidence does not establish a more detailed current branch count, operating footprint beyond the stated provinces, or recent performance figures.

The institutional history described on PT Bank ICBC Indonesia’s official profile begins with PT Bankit, which the profile says had been established in 1970. The entity later operated under the name PT Bank Halim Indonesia. The official account presents the subsequent change in ownership as an acquisition by Industrial and Commercial Bank of China Limited (ICBC Limited), followed by the bank’s renaming as PT Bank ICBC Indonesia on September 28, 2007. The supplied material does not provide the names of PT Bankit’s founders or additional detail about its early business. After the acquisition and renaming, the Indonesian institution operated under its current name as part of the ICBC group. The official profile reports that ICBC Limited controls 98.61% of the bank’s shares and that PT Intidana Wijaya owns the remaining 1.39%. It describes the institution as providing banking services in Indonesia and states that it has a network of branch offices in seven provinces: DKI Jakarta, West Java, East Java, North Sumatra, Riau Islands, East Kalimantan, and South Sulawesi. The profile emphasizes service to corporate and commercial customers, consumers, and small and medium enterprises. The bank’s website documents an offering spanning corporate financing, cash-management and transaction services, retail banking, SME loans, foreign-currency services, and cross-border renminbi-related services. Examples in the catalogue include working-capital, investment, and project financing; international trade financing; corporate internet banking; global cash management; retail savings and current accounts; cards; personal internet and mobile banking; mortgages; remittance; and foreign-currency exchange. The website also lists local-currency settlement connected with Indonesia–China business. The supplied evidence does not establish the launch dates of these individual products, a detailed timeline of branch openings, or later changes in shareholding. It also does not identify the bank’s current executives, headquarters address, or recent financial results.

• 2007

  Renamed PT Bank ICBC Indonesia

• 1970

  PT Bankit established

A locally operating Indonesian bank within the ICBC group, offering financial services to corporate and commercial, consumer, and SME customers.

• Corporate Banking

  The official catalogue lists working-capital, investment, and project financing, international trade financing, bank guarantees, payroll, corporate internet banking, global cash management, virtual accounts, and corporate current accounts.

• Retail Banking

  Listed offerings include savings and current accounts, credit cards, ATM cards, personal internet and mobile banking, mortgages, and bancassurance.

• Other banking services

  The official catalogue includes SME loans, foreign-currency remittance and exchange, cross-border RMB services, and local-currency settlement between Indonesia and China.

1. 1ICBC Indonesia official homepageicbc.co.id
2. 2ICBC Indonesia official profileicbc.co.id
3. 3ICBC Indonesia official Products & Services pageicbc.co.id
4. 4ICBC Indonesia official Working Capital Loan pageicbc.co.id