Bank Pembangunan Daerah Banten (formerly Bank Pundi Indonesia from September 2010 until August 2016, headquartered in

Jakarta Jakarta (; , bew, Jakarte), officially the Special Capital Region of Jakarta ( id, Daerah Khusus Ibukota Jakarta) is the capital and largest city of Indonesia. Lying on the northwest coast of Java, the world's most populous island, Jakarta ...

) is a bank focusing on

micro-enterprise A micro-enterprise (or microenterprise) is generally defined as a small business employing nine people or fewer, and having a balance sheet or turnover less than a certain amount (e.g. €2 million or PhP 3 million). The terms microenterprise and ...

s and

small and medium enterprises Small and medium-sized enterprises (SMEs) or small and medium-sized businesses (SMBs) are businesses whose personnel and revenue numbers fall below certain limits. The abbreviation "SME" is used by international organizations such as the World Bank ...

. It is a regional development bank owned by the government of

Banten Banten ( id, Banten; Sundanese: , romanized ''Banten'') is the westernmost province on the island of Java, Indonesia. Its capital city is Serang. The province borders West Java and the Special Capital Region of Jakarta on the east, the Java Se ...

province.

History

PT. Bank Pundi Indonesia, Tbk (“Bank Pundi”), was established on 11 September 1992 in Jakarta under the name of PT. Executive International Bank (“Bank Eksekutif”) based on the deed approved by the Minister of Justice with No. C2-9246-HT.01.01 in 1992 and published in the state gazette of the Republic of Indonesia no. 103 dated December 26, 1992, Supplement No. 6651. Operational license was issued on August 9, 1993, as Public Bank in Jakarta referring to the approval of Ministry of Finance, Republic of Indonesia No.673/KMK.017/1993 dated 23 June 1993 regarding the Operational License to PT. Executive International Bank. The name of PT. Executive International Bank was later changed into PT. Bank Eksekutif International, and later on 2001, became a Listed Company further to obtaining approval from the Chairman of the Capital Market Supervisory Agency (Bapepam) in his letter no. S-153/PM/2001 regarding the initial public offering towards its shares as much as 277,500,000 shares with a nominal value of Rp 100 per share to the public. The Bank then was listed in the Jakarta Capital Market on 13 July 2001 under BEKS as its shares’ code. At the year end of 2012, the Bank had 207 branch offices across Indonesia and 8.200 employees. Bank Pundi is also accessible from more than 40,000 ATMs across Indonesia through the Prima and

ATM Bersama ATM Bersama () is one of the interbank networks in Indonesia, connecting the ATM networks of twenty-one banks in Indonesia. It was established 1993 and is based on the model adopted by MegaLink, an interbank network in the Philippines. ATM ...

networks. On 23 April 2020, four years after changing the name to Bank Banten, it was announced that the bank has proposed a merger with . On 7 October 2020, it was announced that the merger was officially abandoned.

References

External links

Official website

Annual Report - 2012
{{authority control 1992 establishments in Indonesia 2001 initial public offerings Banks of Indonesia Government-owned banks of Indonesia Regionally-owned companies of Indonesia Banks established in 1992