Indonesia - Banking
The Indonesian banking sector has enjoyed a steady growth
for the past five years. Steady loan growth of approximately 20% has
contributed to the growth of bank’s total assets.
Indonesian Banking, running its function based on the economic
democracy and applies prudential principle. The primary function of Indonesian
banking is as the collector and distributor of public funds, and aims to
support the implementation of national building in order to enhance the
equalization of the development and its results, economic growth and national
stability, towards the improvement of the people’s standard of living.
As of Q3-2015, Indonesia had 119 commercial banks and more
than 2,000 rural banks. The largest 10 banks hold over 60 percent of bank
assets. Bank of Central Asia (BCA), a private bank, is ranked 3rd largest
bank overall and Maybank is 10th. As ranked by assets, the following are
the four largest state-owned banks: Bank Mandiri, Bank Rakyat Indonesia,
Bank Negara Indonesia, and BNT. Bank Indonesia (BI), the central bank of
Indonesia and an independent state institution, and the Financial
Services Authority (“Otoritas Jasa Keuangan” or
OJK) regulate key aspects of the banking and financial system, including bank
regulation and supervision.
Among Indonesian banks, Bank Mandiri operates the largest
domestic branch network with 2,238 depository outlets. Bank Rakyat Indonesia
was No. 2 with 1,661 branches in Indonesia.
In the Jakarta region, Bank Mandiri has the largest presence
with 490 depository branches, followed by Bank Negara Indonesia with 360
branches and PT Bank Central Asia Tbk with 353 branches. Combined with Bank
Rakyat Indonesia’s 296 and PT Bank CIMB Niaga Tbk’s 182.
Indonesia is encouraging the development of Islamic banking and seeks to increase its share of total banking assets to
over five percent. As of end-2014, Islamic banking institutions in Indonesia comprised about 5 % of total banking system assets. The Deposit Insurance Corp. guarantees bank deposits to
Rp.2 billion (about US$150,000) from Rp.100 million. Those rates are 7.0 percent on rupiah deposits and 0.75 percent on foreign
currency deposits.
Top
15 Indonesian Banks By Assets Year 2014
|
Rank
|
Company
|
Total Assets (US $ Billion)
|
ROAE (%)
|
Loans / Deposits (%)
|
NPL/
Total net loans (%)
|
Tangible Equity/ Assets (%)
|
|
1
|
PT Bank Mandiri (Persero) Tbk (BMRI)
|
68.85
|
21.81
|
82.29
|
2.30
|
12.09
|
|
2
|
PT Bank Rakyat Indonesia (Persero) Tbk (BBRI)
|
64.57
|
28.19
|
79.47
|
1.78
|
12.18
|
|
3
|
PT Bank Central Asia Tbk (BBCA)
|
44.48
|
23.26
|
77.55
|
0.58
|
14.06
|
|
4
|
PT Bank Negara Indonesia (Persero) Tbk (BBNI)
|
33.54
|
19.79
|
86.22
|
1.96
|
14.65
|
|
5
|
PT Bank CIMB Niaga Tbk (BNGA)
|
18.77
|
8.50
|
97.60
|
3.86
|
12.04
|
|
6
|
PT Bank Danamon Indonesia Tbk (BDMN)
|
15.76
|
8.33
|
115.98
|
2.33
|
16.29c
|
|
7
|
PT Bank Permata Tbk (BNLI)
|
14.92
|
9.82
|
88.77
|
1.74
|
9.04
|
|
8
|
PT Bank Pan Indonesia Tbk (PNBN)
|
13.90
|
11.85
|
95.44
|
1.85
|
13.42
|
|
9
|
PT Bank Tabungan Negara (Persero) Tbk (BBTN)
|
11.64
|
9.54
|
107.39
|
3.74
|
8.44
|
|
10
|
PT Bank Internasional Indonesia Tbk (BNII)
|
11.54
|
5.50
|
102.98
|
2.17
|
10.08
|
|
11
|
PT Bank OCBC NISP Tbk (NISP)
|
8.30
|
9.39
|
91.64
|
1.34
|
14.46
|
|
12
|
PT Bank UOB Indonesia
|
6.45
|
7.04
|
88.29
|
3.72
|
12.59
|
|
13
|
PT Bank Bukopin Tbk (BBKP)
|
6.37
|
10.98
|
83.11
|
2.77
|
8.38
|
|
14
|
PT Bank Pembangunan Daerah Jawa Barat dan Banten Tbk (BJBR)
|
6.11
|
17.03
|
89.67
|
4.27
|
9.34
|
|
15
|
PT Bank Tabungan Pensiunan Nasional Tbk (BTPN)
|
6.04
|
16.83
|
97.26
|
0.69
|
15.77
|
|
|
Average
:-
|
22.08
|
13.86
|
92.26
|
2.34
|
12.19
|