Bank Danamon
{{Short description|Indonesian bank}}
{{mi|
{{Expand Indonesian|date=January 2024}}
{{Update |date=May 2024}}
}}
{{Use mdy dates|date=January 2013}}
{{Infobox company
| name = PT Bank Danamon Indonesia Tbk
| logo = Logo Danamon 2024.svg
| type = Public
| traded_as = {{idx|BDMN}}
| foundation = {{Start date and age|1956|07|16}}
| location = Jakarta, Indonesia
| key_people = Daisuke Ejima (president director)
| parent = MUFG Bank[https://www.danamon.co.id/en/Tentang-Danamon/ProfilPerusahaan/Struktur-Grup-Dan-Manajemen/Struktur-Pemegang-Saham|Share Ownership Structure & Share Information of Bank Danamon]
| industry = Financial services
| products =
| revenue = {{profit}} Rp 14.579 trillion (2019)
| assets = {{profit}} Rp 193.53 trillion (2019)
| equity = {{profit}} Rp 45.41 trillion (2019)
| net_income = {{profit}} Rp 4.074 trillion (2019)
| subsid = {{Plainlist|
}}
| num_employees = 8,926 (2020)
| homepage = [http://www.danamon.co.id 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.{{cite web |url=http://www.indonesia-investments.com/doing-business/indonesian-companies/bank-danamon/item206
|title=Indonesia-Investments.com:Bank Danamon company profile |date=April 1, 2014}}
History
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.{{cite news |last1=Silviana |first1=Cindy |title=Indonesia approves MUFG's stake increase in Bank Danamon to 40 percent |url=https://in.reuters.com/article/us-mufg-bank-danamon/indonesia-approves-mufgs-stake-increase-in-bank-danamon-to-40-percent-idINKBN1KL126 |archive-url=https://web.archive.org/web/20180731151541/https://in.reuters.com/article/us-mufg-bank-danamon/indonesia-approves-mufgs-stake-increase-in-bank-danamon-to-40-percent-idINKBN1KL126 |url-status=dead |archive-date=July 31, 2018 |access-date=21 January 2019 |work=Reuters |publisher=Reuters |date=31 July 2018}} 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.{{Cite web|date=2019-04-29|title=MUFG Bank Increases Shareholdings in Bank Danamon and Bank BNP|url=https://www.businesswire.com/news/home/20190428005030/en/MUFG-Bank-Increases-Shareholdings-in-Bank-Danamon-and-Bank-BNP|access-date=2020-10-21|website=www.businesswire.com|language=en}}
In December 2019, Danamon sold most of its share of Adira Insurance to Zurich Insurance Company, making Danamon a minority shareholder.{{Cite web|url=https://www.idnfinancials.com/news/30463/bank-danamon-sold-asuransi-adira-shares-zurich-insurance|title = Bank Danamon sold most of its Asuransi Adira shares to Zurich Insurance | IDNFinancials}}
References
{{Reflist}}
Works cited
- [https://nyataberjuang.org Serikat Pekerja Danamon]
External links
- {{Official website|http://www.danamon.co.id}}
- [https://nyataberjuang.org Official labor union website]
- {{usurped|1=[https://web.archive.org/web/20130719125836/http://www.danamonawards.org/ Profil Wirausaha Sukses]}}
- {{usurped|1=[https://web.archive.org/web/20130719125836/http://www.danamonawards.org/ Wirausaha Sukses]}}
- {{usurped|1=[https://web.archive.org/web/20130719125836/http://www.danamonawards.org/ Wirausaha Sosial]}}
- {{usurped|1=[https://web.archive.org/web/20130719125836/http://www.danamonawards.org/ Tokoh Inspirasi Indonesia]}}
- [https://www.danamon.co.id/en/Tentang-Danamon/ProfilPerusahaan/Struktur-Grup-Dan-Manajemen/Profil-Direksi Jajaran Direksi]
- {{usurped|1=[https://web.archive.org/web/20211224045819/https://elasq.com/logo-dana/ Download Logo Dana here]}}
{{Banks in Indonesia}}
{{Authority control}}
Category:1956 establishments in Indonesia
Category:1980s initial public offerings
Category:Companies listed on the Indonesia Stock Exchange
Category:Mitsubishi UFJ Financial Group
Category:Banks established in 1956
Category:Companies based in Jakarta
{{Indonesia-stub}}