Commonwealth Bank Indonesia
Homepage http://www.commbank.co.id
LinkedIn Profile https://linkedin.com/company/ban***monwea***
HQ Location
Indonesia , JakartaWorld Trade Center 6 Jl. Jenderal Sudirman Kav 29-31 Jakarta, 12920 Indonesia
PT Bank Commonwealth ("Commonwealth Bank") is a subsidiary of Commonwealth Bank of Australia ("CBA"). CBA initially made its presence in Indonesia by opening a representative office in 1990.
In 1997, a joint venture bank, namely PT BII Commonwealth, was established to provide corporate banking services to the Indonesian business entities and other businesses. In 2000, PT BII Commonwealth changed its name to PT Bank Commonwealth, where CBA Group becomes the majority shareholder.
At the end of 2007, PTBC acquired ownership of Bank ANK (83%), as part of a strategy to strengthen its market position in East Java.
PTBC now has 91 branches in 32 major cities in Indonesia, and will continue to grow in line with its business strategy and focus on developing a comprehensive retail banking services, including loan products, deposits, mutual funds insurance and investments. Specifically, PTBC aimed to serve three business groups, consisting of emerging affluent segment (middle), SME and High Net Worth individu
Financial Services and Banking
Companies in the financial affairs and banking industry provide financial services such as deposits, lending money, investing funds, issuing credit cards and processing payments. They advise clients on financial matters including retirement planning and risk management strategies.
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