- CEO
- Steffano Ridwan
- Full Time Employees
- 6,246
- Sector
- Finance
- Industry
- Major banks
- Address
- Sentral Senayan III Jakarta JK Indonesia 10270
- IPO Date
- Nov 21, 1989
- Business
- PT Bank Maybank Indonesia Tbk is a leading private banking institution in Indonesia, providing a comprehensive range of banking and financial products and services. Its offerings include current accounts, savings and demand deposits, time deposits, credit cards, mortgages, multifunctional loans, car and motorcycle loans, working capital loans, SME financing, and property financing. The bank operates through three main segments: Global Banking, Business Banking, and Retail Banking. It also offers wealth management, cash management and trade finance, investment products such as mutual funds and government bonds, depository and settlement services, fund administration, corporate and commercial financing, liquidity management, payment services, custody and clearing, bancassurance, collection services, bank guarantees, and insurance products. Additionally, Maybank Indonesia has digital banking services such as mobile and internet banking, along with ATM and electronic trade finance services. The bank extends automotive financing through its subsidiaries WOM Finance for two-wheelers and Maybank Finance for four-wheelers.
Headquartered in Jakarta and founded in 1959, PT Bank Maybank Indonesia Tbk is a subsidiary of Malayan Banking Berhad (Maybank) and operates primarily in Indonesia with some international reach. Recent strategic developments include a collaboration with Pegadaian to launch digital gold savings on its M2U mobile banking app. In 2024, it made a strategic investment in Funding Societies, Southeast Asia’s largest SME digital finance platform, to enhance digital financial services focused on SME customers across the ASEAN region. The bank has also intensified its cybersecurity measures with layered monitoring systems for early detection and protection against cyberattacks, reflecting regulatory compliance and commitment to data protection following Indonesia's Personal Data Protection law. Financially, the bank reported significant profit growth in 2023 and has maintained dividend distributions reflecting strong operational performance.
Maybank Indonesia continues to drive digital transformation with its M2U digital banking platform and focuses on human-centric digitalization strategies as part of its growth initiatives for 2026. It remains committed to expanding its product ecosystem and enhancing customer experience through innovative digital financial solutions while leveraging its established banking infrastructure.
This makes PT Bank Maybank Indonesia Tbk a comprehensive banking provider serving retail, corporate, and SME clients across Indonesia, supported by a broad portfolio of financial and banking services, recent digital innovation, and strategic investments to secure its market position.