From Wikipedia, the free encyclopedia
Content deleted Content added
|
|
|||
| Line 64: | Line 64: | ||
|
[[Category:Banks established in 1956]] |
[[Category:Banks established in 1956]] |
||
|
[[Category:Companies based in Jakarta]] |
[[Category:Companies based in Jakarta]] |
||
|
{{Indonesia-company-stub}} |
{{Indonesia-company-stub}} |
||
Latest revision as of 09:04, 19 November 2025
Indonesian bank
PT Bank Danamon Indonesia Tbk is an Indonesian bank established in 1956. It is the sixth largest bank in Indonesia by asset size.[2]
In December 2017, Japan’s Mitsubishi UFJ Financial Group (MUFG) bought a 19.9% stake in Danamon from Temasek Holdings for Rp 15.875 trillion ($1.17 billion). The price indicated Danamon was valued at about $6 billion. In July 2018, Indonesia’s Financial Services Authority (OJK) approved MUFG’s plan to purchase a further 20.1% stake from Asia Financial.[3] In April 2019, MUFG announced the merger of Danamon and Bank Nusantara Parahyangan (BNP). The merger resulted in MUFG becoming the majority shareholders with 94.1% stake of Bank Danamon.[4]
In December 2019, Danamon sold most of its share of Adira Insurance to Zurich Insurance Company, making Danamon a minority shareholder.[5]
