About

Bank Niaga, which is part of CI AM Group (91.5% of shares), is the fifth asset in Indonesia, it was established in 1955 as a national private bank. The company was the first in the state to apply the online banking system and installed ATMs. In 2008, the institution was renamed, at the same time as a merger with Lippo Bank, approved by the state, occurred. Today, business and securities transactions are conducted through PT CIMB Securities Indonesia, which was founded in Jakarta in 1991. Banking and investment services, leasing and factoring, underwriting, insurance and investment management are provided through subsidiaries.

The regional universal bank operates in 15 markets around the world with 13 million customers, including in India, China, the United States and Great Britain. It has more than 1,000 branches and the widest network of services in ASEAN. The giant's goal is to become a leading player in Southeast Asia.

Assets

Total assets of the financial group - 506.5 billion Malaysian ringgit (129.6 billion US dollars). The total capitalization of the Niaga subsidiary is 33.09 trillion Indonesian Rupees (0.24 trillion US dollars).

Network in the country

A settlement account in foreign currency offers a choice, including USD, AUD, EUR, GBP and JPY. Foreigners need to provide a passport, confirm the address of residence to open it. There is the possibility of daily transactions through a mobile phone and creating a mobile account that optimizes the transfer of funds, payment of bills and other services. Thanks to NFC (Near-Field-Communication) and Masterpass technology, Pay offers digital payment capabilities and the opening of a virtual card. There are 3000 ATMs in the country, painted in red and burgundy color. They accept ATM cards Bersama and Prima, MasterCard, Cirrus, MEPS, Visa, Plus and JCB.