- CEO
- KIm Eungchul
- Full Time Employees
- 1,453
- Sector
- Finance
- Industry
- Regional banks
- Address
- Treasury Tower Jakarta Selatan JK Indonesia 12190
- IPO Date
- Dec 15, 2006
- Business
- PT Bank Woori Saudara Indonesia 1906 Tbk (SDRA.JK) operates as a commercial bank in Indonesia, offering a comprehensive range of banking products and services to individuals and businesses through its Pensioner, Employee, Commercial, Treasury, Funding, and Others segments; these include current and savings accounts, time and demand deposits, pension/retirement loans, employee general loans, mortgage loans, corporate loans, car loans, micro small and medium enterprise loans, bank guarantees, wealth management, treasury products such as foreign exchange, money market instruments, fixed income and currency exchange rate information services, payment services via automatic teller machines and digital banking channels, remittance forex transfer and collection, fund transfers, bancassurance, international banking, export and import financing, safe deposit boxes, trade finance, internet and mobile banking, state revenue payments, electronic data capture services, and investments in placements and securities. Founded in 1906 as Himpoenan Saudara in Bandung, West Java, the bank is headquartered at Treasury Tower, 26th and 27th floors, District 8 SCBD Lot 28, Jl. Jend. Sudirman Kav. 52-53, South Jakarta, Indonesia, and maintains approximately 153 branches across Sumatra, Java, Bali, and Sulawesi regions. As a subsidiary of Woori Bank of Korea, it collaborates closely with its parent following the 2014 name change from Bank Himpunan Saudara 1906 Tbk and recent strategic developments including Woori Financial Group's completion of a 71.4% stake acquisition in June 2024 for approximately KRW 260 billion, a rights issue in March 2024 that boosted equity and core capital significantly, and a October 2025 memorandum of understanding with PT Artajasa Pembayaran Elektronis for cross-border cardless withdrawal services to enhance digital innovation and Indonesia-Korea financial ties.