- CEO
- Nobuya Kawasaki
- Full Time Employees
- 28,991
- Sector
- Finance
- Industry
- Major banks
- Address
- Menara Bank Danamon Jakarta JK Indonesia 12920
- IPO Date
- Dec 8, 1989
- Business
- PT Bank Danamon Indonesia Tbk (BDMN.JK) operates as a major commercial bank in Indonesia, providing comprehensive banking and financial services to retail, small and medium enterprise (SME), and corporate customers through its retail and wholesale segments. The bank offers savings, current, and Sharia accounts; time and Sharia deposits; credit and debit cards; unsecured personal loans; secured property mortgages; Sharia housing loans; automotive, business, and multipurpose financing; Sharia leasing; employee cooperative, working capital, investment, trade, mortgage, and financial supply chain financing; cash management services including collection, payment, and liquidity management; foreign exchange, interest rate swaps, cross-currency swaps, marketable securities, money market, and repo/reverse repo products; Sharia business and personal products; e-banking; personal, investment-related, health, and general insurance; mutual funds, investment plans, bonds, and structured products; as well as bancassurance and fund transfer services. Founded on July 16, 1956, and headquartered at Menara Bank Danamon, Jl. HR Rasuna Said Blok C No. 10, Jakarta Selatan 12920, Indonesia, Danamon maintains a nationwide network of approximately 870 conventional branches and Sharia units, supported by group companies including Adira Finance, Home Credit Indonesia, Mandala Finance, and Zurich Asuransi Indonesia. As a majority-owned subsidiary of Mitsubishi UFJ Financial Group (MUFG) with 92.47% ownership, it leverages MUFG's global network including partner banks in Thailand, the Philippines, and Vietnam. Recent developments include the October 2025 completion of Adira Finance's merger with Mandala Finance, strengthening national coverage for vehicle, fleet, and multipurpose financing as part of MUFG's financial conglomerate integration; the March 2025 launch of Proteksi Prima Kritis Andalan (PPKA) critical illness insurance in partnership with Manulife Indonesia; the introduction of Danamon LEBIH PRO multi-currency savings account in 2024 offering nine currencies with competitive rates; optimized investment strategies such as BNP Paribas Syariah funds in USD; and updated articles of association via notarial deed on March 21, 2025. As of June 30, 2025, consolidated assets stand at Rp251.5 trillion.