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Company type | Public |
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IDX: BDMN | |
Industry | Financial services |
Founded | July 16, 1956 |
Headquarters | Jakarta, Indonesia |
Key people | Daisuke Ejima, President Director |
Revenue | ![]() |
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Total assets | ![]() |
Total equity | ![]() |
Number of employees | 8,926 (2020) |
Parent | MUFG Bank[1] |
Subsidiaries | |
Website | www.danamon.co.id |
PT Bank Danamon Indonesia Tbk is an Indonesian bank established in 1956. It is the sixth largest bank in Indonesia by asset size.[2]
History
[edit]In December 2017, Japan's Mitsubishi UFJ Financial Group (MUFG) bought a 19.9% stake in Danamon from Temasek Holdings for Rp 15.875 trillion ($1.17 billion). The price indicated Danamon was valued at about $6 billion. In July 2018, Indonesia's Financial Services Authority (OJK) approved MUFG's plan to purchase a further 20.1% stake from Asia Financial.[3] In April 2019, MUFG announced the merger of Danamon and Bank Nusantara Parahyangan (BNP). The merger resulted in MUFG becoming the majority shareholders with 94.1% stake of Bank Danamon.[4]
In December 2019, Danamon sold most of its share of Adira Insurance to Zurich Insurance Company, making Danamon a minority shareholder.[5]
References
[edit]- ^ Ownership Structure & Share Information of Bank Danamon
- ^ "Indonesia-Investments.com:Bank Danamon company profile". April 1, 2014.
- ^ Silviana, Cindy (July 31, 2018). "Indonesia approves MUFG's stake increase in Bank Danamon to 40 percent". Reuters. Reuters. Retrieved January 21, 2019.
- ^ "MUFG Bank Increases Shareholdings in Bank Danamon and Bank BNP". www.businesswire.com. April 29, 2019. Retrieved October 21, 2020.
- ^ "Bank Danamon sold most of its Asuransi Adira shares to Zurich Insurance | IDNFinancials".
Works cited
[edit]External links
[edit]- Official website
- Official labor union website
- Profil Wirausaha Sukses
- Wirausaha Sukses
- Wirausaha Sosial
- Tokoh Inspirasi Indonesia
- Jajaran Direksi
- Download Logo Dana here