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Bank Mandiri
PT Bank Mandiri (Persero) Tbk or Bank Mandiri, headquartered in Jakarta, is the largest bank in Indonesia in terms of assets, loans and deposits. Total assets as of March 2021, were IDR 1.58 quadrillion (around US$110.56 billion). As of March 2021, Bank Mandiri was the largest bank in Indonesia by total assets. As of December 2020, the bank had 2,511 branches spread across three different time zones in Indonesia and 7 branches abroad, about 13,217 Automatic Teller Machines (ATMs), and five principal subsidiaries: Mandiri Sekuritas, Mandiri Tunas Finance, AXA Mandiri Financial Services, Bank Mandiri Taspen, and Mandiri AXA General Insurance. History Pre-merger Bank Mandiri is the result of the merger made by Indonesian government from four older government-owned banks that failed in 1998. Those four banks were Bank Bumi Daya, Bank Dagang Negara, Bank Ekspor Impor Indonesia, and Bank Pembangunan Indonesia. During the amalgamation and reorganisation, the government r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Mandiri (1998-2008)
PT Bank Mandiri (Persero) Tbk or Bank Mandiri, headquartered in Jakarta, is the largest bank in Indonesia in terms of assets, loans and deposits. Total assets as of March 2021, were IDR 1.58 quadrillion (around US$110.56 billion). As of March 2021, Bank Mandiri was the largest bank in Indonesia by total assets. As of December 2020, the bank had 2,511 branches spread across three different time zones in Indonesia and 7 branches abroad, about 13,217 Automatic Teller Machines (ATMs), and five principal subsidiaries: Mandiri Sekuritas, Mandiri Tunas Finance, AXA Mandiri Financial Services, Bank Mandiri Taspen, and Mandiri AXA General Insurance. History Pre-merger Bank Mandiri is the result of the merger made by Indonesian government from four older government-owned banks that failed in 1998. Those four banks were Bank Bumi Daya, Bank Dagang Negara, Bank Ekspor Impor Indonesia, and Bank Pembangunan Indonesia. During the amalgamation and reorganisation, the government ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
East Timor
East Timor (), also known as Timor-Leste (), officially the Democratic Republic of Timor-Leste, is an island country in Southeast Asia. It comprises the eastern half of the island of Timor, the exclave of Oecusse on the island's north-western half, and the minor islands of Atauro and Jaco. Australia is the country's southern neighbour, separated by the Timor Sea. The country's size is . Dili is its capital and largest city. East Timor came under Portuguese influence in the sixteenth century, remaining a Portuguese colony until 1975. Internal conflict preceded a unilateral declaration of independence and an Indonesian invasion and annexation. Resistance continued throughout Indonesian rule, and in 1999 a United Nations–sponsored act of self-determination led to Indonesia relinquishing control of the territory. On 20 May 2002, as ''Timor-Leste'', it became the first new sovereign state of the 21st century. The national government runs on a semi-presidential system, w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dili
Dili (Portuguese/Tetum: ''Díli'') is the capital, largest city of East Timor and the second largest city in Timor islands after Kupang (Indonesia). It lies on the northern coast of the island of Timor, in a small area of flat land hemmed in by mountains. The climate is tropical, with distinct wet and dry seasons. The city has served as the economic hub and chief port of what is now East Timor since its designation as the capital of Portuguese Timor in 1769. It also serves as the capital of the Dili Municipality, which includes some rural subdivisions in addition to the urban ones which make up the city itself. Dili's growing population is relatively youthful, being mostly of working age. The local language is Tetum, however residents include many internal migrants from other areas of the country. The initial settlement was situated in what is now the old quarter in the eastern side of the city. Centuries of Portuguese rule were interrupted in World War II, when Dili became t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indonesian Language
Indonesian ( ) is the official language, official and national language of Indonesia. It is a standard language, standardized variety (linguistics), variety of Malay language, Malay, an Austronesian languages, Austronesian language that has been used as a lingua franca in the multilingual Indonesian archipelago for centuries. Indonesia is the fourth most list of countries by population, populous nation in the world, with over 270 million inhabitants—of which the majority speak Indonesian, which makes it one of the most List of languages by total number of speakers, widely spoken languages in the world.James Neil Sneddon. ''The Indonesian Language: Its History and Role in Modern Society''. UNSW Press, 2004. Most Indonesians, aside from speaking the national language, are fluent in at least one of the more than 700 indigenous languages of Indonesia, local languages; examples include Javanese language, Javanese and Sundanese language, Sundanese, which are commonly used at home a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1997 Asian Financial Crisis
The Asian financial crisis was a period of financial crisis that gripped much of East Asia and Southeast Asia beginning in July 1997 and raised fears of a worldwide economic meltdown due to financial contagion. However, the recovery in 1998–1999 was rapid and worries of a meltdown subsided. The crisis started in Thailand (known in Thailand as the ''Tom Yam Kung crisis''; th, วิกฤตต้มยำกุ้ง) on 2 July, with the financial collapse of the Thai baht after the Thai government was forced to float the baht due to lack of foreign currency to support its currency peg to the U.S. dollar. Capital flight ensued almost immediately, beginning an international chain reaction. At the time, Thailand had acquired a burden of foreign debt. As the crisis spread, most of Southeast Asia and later South Korea and Japan saw slumping currencies, devalued stock markets and other asset prices, and a precipitous rise in private debt. South Korea, Indonesia and Thailand were ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Escomptobank
The Nederlandsch-Indische Escompto Maatschappij (NIEM, ) was a significant Dutch bank, founded in 1857 in Batavia, Dutch East Indies. In the first half of the 20th century, it was the smallest of the “big three” commercial banks, behind the Netherlands Trading Society and the Nederlandsch-Indische Handelsbank, that dominated the Dutch East Indies’ financial system alongside the note-issuing Bank of Java. In 1949, following Indonesian independence, its name was changed to Escomptobank. Its main operations in Indonesia were nationalized in 1958, and later integrated into Bank Mandiri. Its residual Dutch operations went through multiple restructurings and mergers, and count among the many predecessor entities of ABN AMRO. Creation and development in the Dutch East Indies The NIEM was founded in 1857 by Paulus Tiedeman Jr. and , initially as a subsidiary of their Tiedeman & van Kerchem partnership. It was only the second private financial institution (after the Bank of Java, e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nederlandsche Handel-Maatschappij
The Netherlands Trading Society ( nl, Nederlandsche Handel-Maatschappij or NHM) was a Dutch trading and financial company, established in 1824 in The Hague by King William I to promote and develop trade, shipping and agriculture. For the next 140 years the NHM developed a large international branch network and increasingly engaged in banking operations. In 1964 it merged with Twentsche Bank to form Algemene Bank Nederland, itself a predecessor of ABN AMRO. History The NHM was a private company which issued publicly traded shares. According to the king, the NHM would act to leverage economic activity and encourage the development of national wealth. However, in practice it came down to expanding existing trade, by gathering data and searching for new markets as well as financing industry and shipping. Its close association with the Dutch government meant it played an important role in the development of trade between the Netherlands and the Dutch East Indies. Its former headquarte ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chartered Bank Of India, Australia And China
The Chartered Bank of India, Australia and China (informally The Chartered Bank) was a bank incorporated in London in 1853 by Scotsman James Wilson, under a Royal Charter from Queen Victoria.Standard Chartered Bank History Standardchartered.com. Retrieved on 26 December 2018. Atsnotes.com. Retrieved on 26 December 2018. Though lacking a truly strong domestic network in Britain, it was influential in the development of British colonial trade throughout the . [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
West New Guinea Dispute
The West New Guinea dispute (1950–1962), also known as the West Irian dispute, was a diplomatic and political conflict between the Netherlands and Indonesia over the territory of Dutch New Guinea. While the Netherlands had ceded sovereignty over most of the Dutch East Indies to Indonesia on 27 December 1949 following an independence struggle, it retained control over its colony on the western half of New Guinea. The Indonesian government claimed this territory as well, on the basis that it had belonged to the Dutch East Indies and that the new Republic of Indonesia was the legitimate successor to the former Dutch colony. During the first phase of the dispute (1950–1954), Indonesia pursued bilateral negotiations with the Netherlands. During the second phase (1954–1958), Indonesia attempted to raise support for its territorial claims in the United Nations General Assembly.Soedjati Djiwandono, ''Konfrontasi Revisited'', pp.1–2 During the third phase (1960–1962), Indonesi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nationale Handelsbank
The Nederlandsch-Indische Handelsbank (NIHB, ) was a Dutch bank established in 1863 to finance trade between the Netherlands and the Dutch East Indies. During most of the colonial period, it was the second-largest of the “big three” commercial banks, behind the Netherlands Trading Company and ahead of the Nederlandsch-Indische Escompto Maatschappij, that dominated the Dutch East Indies’ financial system alongside the note-issuing Bank of Java. In 1950 following Indonesian independence, the bank was renamed the Nationale Handelsbank (NHB, ). In 1959, its Indonesian activities were nationalized, and later contributed to the formation of the state-owned Bank Mandiri in 1998. In 1960, the NHB's remaining activities were acquired by the Rotterdamsche Bank, and were subsequently involved in the series of mergers that created ABN AMRO. Nederlandsch-Indische Handelsbank In 1863, the Nederlandsch-Indische Handelsbank was established in order to finance and deal with trade between ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Order (Indonesia)
The New Order ( id, Orde Baru, abbreviated ''Orba'') is the term coined by the second Indonesian President Suharto to characterise his administration as he came to power in Transition to the New Order, 1966 until his Fall of Suharto, resignation in 1998. Suharto used this term to contrast his presidency with that of his predecessor Sukarno (retroactively dubbed the "Old Order," or ''Orde Lama''). Immediately following the 30 September Movement, attempted coup in 1965, the political situation was uncertain, Suharto's New Order found much popular support from groups wanting a separation from Indonesia's problems since its independence. The 'generation of 66' (''Angkatan 66'') epitomised talk of a new group of young leaders and new intellectual thought. Following Indonesia's communal and political conflicts, and its economic collapse and social breakdown of the late 1950s through to the mid-1960s, the "New Order" was committed to achieving and maintaining political order, econom ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
