The History Haga Bank
Hagabank started operating in Jakarta on December 20, 1989, based on the decree of the Indonesian Finance Minister No. 1346/KMK-01311989. Since then Hagabank operated and grew at a progressive yet steady phase, reflecting the prudent banking philosophy held dearly by the bank. On October 29, 1992, Hagabank received its Foreign Exchange License by the Decree of the Indonesian Central Bank Directors No. 25/82/Kep/Dir. The foreign exchange license enables Hagabank to engage in foreign exchange transactions and international banking activities, and to offer fee-based income products especially in export and import services.
Established as a commercial bank, Hagabank concentrates on small to middle markets. Realizing that small and middle-markets hold a vital position in the Indonesian economic structure, it is imperative that Hagabank focuses on these sectors. To anticipate the enormous growth potential of the small and middle market businesses, Hagabank strives to extend and diversify the products and services to cater to the corporate sectors.
From the beginning, professionalism has been laid out as the basic foundation of Hagabank's management. Clear separation of ownership and management gives Hagabank a competitive edge to succeed. The result has been a gratifying growth on business volume and earnings at an average of 40% since the initial establishment. With Hagabank's vision of being a reputable bank in mind, we will strive to deliver sustained profitable growth for the benefit of all stakeholders.
As per January 10, 2007, Hagabank has officially become a member of Rabobank Group from Netherlands. Rabobank is a “AAA” bank rated by Standard & Poor's, Moody's and Fitch. Rabobank is also recognized as the top three safest bank in the world by Global Finance with Tier I Equity ranked No. 15 in the world. For details please visit www.rabobank.co.id.
Labels: Haga Bank
Indo Monex Bank
Bank IndoMonex was incorporated under the name PT Bank Pasar Gunung Tampomas Jaya based on a notarial deed dated 24 October 1970. In 1990, the Bank changed its name to PT Bank Indo Monex (BIM)and commenced operations as a commercial bank since 1 May 1990.
- The Bank obtained a license to operate as a money changer from Bank Indonesia by a letter dated 22 September 1993. The Bank is not registered to deal in the foreign exchange market. BIM to approach Bank Indonesia for Devisa license shortly. The Bank has 4 branch offices and 3 sub branch offices.
- In Dec 14th 2006, State Bank of India (SBI) has acquired 76 % share capital of the Bank and took Management control. State Bank of India is a largest Bank in India and is considered to be a proxy for the Indian Economy. SBI is a Fortune 500 company with Investment Grade Rating from Moody’s and S&P.
- The present shareholding pattern of the bank is as under:
- State Bank of India 76 %
- PT. Ravindo Jaya 24 %
- At present BIM is providing plain vanilla deposit and advances products to its customers. All the Branches are networked and operated under the core banking platform on Alphabits System provided by M/s.Sigma which is quick, safe and effective.
- Quality and excellent service to all individual clients and corporation remain to be our focus in serving entire society and client. BIM’s employees are motivated to strive for customer delight and are dedicated to provide excellent quality service to Individual as well as Corporate clients.
Labels: Bank IndoMonex
