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Bank Sinarmas
PT Bank Sinarmas Tbk is a subsidiary of Sinar Mas Multiartha engaged in banking. To support its business activities, by the end of 2020, the bank has 69 branch offices, 134 sub-branch offices, 140 cash offices, 28 sharia branch offices, and 12 sharia cash offices. History The bank started its history in 1989 under the name "PT Bank Shinta Indonesia", and is owned by the Hermijanto family-owned Shinta Group which is engaged in the textile and manufacturing industries. In 1993, the bank opened a branch office in Bandung, and a year later, the Ministry of Finance designated the bank as a perception bank. In 1995, the bank was also designated as a foreign exchange bank. In 1996, the bank opened a branch office in Surabaya. In April 2005, PT Sinar Mas Multiartha Tbk and PT Shinta Utama officially became the majority shareholders of this bank which at that time had an asset of IDR 436 billion. By the end of 2006, the bank had changed its name to what it is today and its assets had reac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), 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 so 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 Kin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Islamic Banking And Finance
Islamic banking, Islamic finance ( ''masrifiyya 'islamia''), or Sharia-compliant finance is banking or Finance, financing activity that complies with Sharia (Islamic law) and its practical application through the development of Islamic economics. Some of the modes of Islamic finance include ''Profit and loss sharing#Mudarabah, mudarabah'' (profit-sharing and loss-bearing), ''wadiah'' (safekeeping), ''musharaka'' (joint venture), ''murabahah'' (cost-plus), and ''ijarah'' (leasing). Sharia prohibits ''riba'', or usury, generally defined as interest paid on all loans of money (although some Muslims dispute whether there is a consensus that interest is equivalent to ''riba''). Investment in businesses that provide goods or services considered contrary to Islamic Value (personal and cultural), principles (e.g. pork or alcohol) is also ''haram'' ("sinful and prohibited"). These prohibitions have been applied historically in varying degrees in Muslim countries/communities to prevent ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1989 Establishments In Indonesia
1989 was a turning point in political history with the "Revolutions of 1989" which ended communism in Eastern Bloc of Europe, starting in Poland and Hungary, with experiments in power-sharing coming to a head with the opening of the Berlin Wall in November, the Velvet Revolution in Czechoslovakia and the overthrow of the communist dictatorship in Romania in December; the movement ended in December 1991 with the dissolution of the Soviet Union. Revolutions against communist governments in Eastern Europe mainly succeeded, but the year also saw the suppression by the Chinese government of the 1989 Tiananmen Square protests in Beijing. It was the year of the first Brazilian direct presidential election in 29 years, since the end of the military government in 1985 that ruled the country for more than twenty years, and marked the redemocratization process's final point. F. W. de Klerk was elected as State President of South Africa, and his regime gradually dismantled the aparthei ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 1989
A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of Bank regulation, regulation over banks. Most countries have institutionalized a system known as fractional-reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure accounting liquidity, liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but, in many ways, functioned as a continuation of ideas and concepts o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Of Indonesia
This is a list of major banks in Indonesia. Top 10 banks ranked by total assets ''As of 2024:'' #Bank Mandiri # Bank Rakyat Indonesia (BRI) # Bank Central Asia (BCA) # Bank Negara Indonesia (BNI) # Bank Tabungan Negara (BTN) # Bank Syariah Indonesia (BSI) # Bank CIMB Niaga # Bank OCBC Indonesia # Permata Bank # Bank Danamon Central Bank * Bank Indonesia Conventional banks Government-owned banks State-owned Regional-owned banks Regional-owned banks are formally instituted as ''Bank Pembangunan Daerah'' (Regional Development Bank, abbreviated as BPD). Private banks Foreign banks Islamic Banks Sharia bank Government-owned sharia banks Private sharia banks Islamic banking unit of conventional banks Multilateral banks and financial institutions * World Bank * International Monetary Fund * Asian Development Bank [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indonesia Stock Exchange
Indonesia Stock Exchange (IDX) ( (BEI)) is a stock exchange based in Jakarta, Indonesia. It was previously known as the Jakarta Stock Exchange (JSX) before its name changed in 2007 after merging with the Surabaya Stock Exchange (SSX). In recent years, the Indonesian Stock Exchange has seen the fastest membership growth in Asia. As of December 2024, the Indonesia Stock Exchange had 943 listed companies, and total number of investors has already grown to 15 million. Indonesia Market Capitalization accounted for 45.2% of its nominal GDP in December 2020. Founded on 30 November 2007, it is ASEAN's largest market capitalization at as of 19 September 2024. In September 2023, Indonesia's Former President, Joko Widodo (2014-2024), inaugurated thIndonesia Carbon Exchange(IDXCarbon), developed and managed by the Indonesia Stock Exchange (IDX). This initiative aims to support Indonesia's Nationally Determined Contribution (NDC) targets and address the growing need for carbon trading i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Capital Market And Financial Institutions Supervisory Agency
Capital Market and Financial Institutions Supervisory Agency () (shortly BAPEPAM-LK) is an institution under the Ministry of Finance (Indonesia) tasked with fostering, regulating, and supervising day-to-day capital market activities as well as formulating and implementing policies and technical standardization in the field of financial institutions. The current Chairman of Bapepam-LK is Nurhaida.Nurhaida Dilantik Menjadi Kepala Bapepam-LK SCTV: Liputan 6, date accessed February, 17 2011. Bapepam-LK was a merger of the Capital Market Supervisory Agency (Bapepam) and the Directorate General of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ministry Of Trade (Indonesia)
The Ministry of Trade (Indonesian: ''Kementerian Perdagangan'') is a ministry of the Government of Indonesia that directs the formulation of policies related to the development of trade in Indonesia. Organization Structure Based on Presidential Decree No. 168/2024, and as expanded by Ministry of Trade Decree No. 6/2025, the Ministry of Trade is organized into the following: * Office of the Minister of Trade * Office of the Deputy Minister of Trade * Office of the General Secretariat ** Bureau of Planning ** Bureau of Organization and Human Resources ** Bureau of Finance ** Bureau of Legal Affairs ** Bureau of General Affairs and Procurement ** Bureau of Public Relation ** Bureau of Trade Advocation ** Center for Data and Information System * Directorate General of Domestic Trade ** Directorate General of Domestic Trade Secretariat ** Directorate of Trading Development ** Directorate of Trading Infrastructures and Logistics ** Directorate of Domestic Market Fostering ** Direct ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Surabaya
Surabaya is the capital city of East Java Provinces of Indonesia, province and the List of Indonesian cities by population, second-largest city in Indonesia, after Jakarta. Located on the northeastern corner of Java island, on the Madura Strait, it is one of the earliest port cities in Southeast Asia. According to the Government of Indonesia, National Development Planning Agency, Surabaya is one of the Regions of Indonesia#Development regions, four main central cities of Indonesia, alongside Jakarta, Medan, and Makassar. The city had a population of 2,874,314 within its city limits at the 2020 census.Badan Pusat Statistik, Jakarta, 2021. With 3,009,286 people living in the city as of mid 2023 (comprising 1,490,358 males and 1,518,928 females) Badan Pusat Statistik, Jakarta, 28 February 2024, ''Kota Surabaya Dalam Angka 2024'' (Katalog-BPS 1102001.3578) and over 10 million in the extended Surabaya metropolitan area, according to the latest official estimate, Surabaya is the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ministry Of Finance (Indonesia)
The Ministry of Finance () is an Indonesian government Ministry (government department), ministry responsible for the nation's finance and state assets. The List of Ministers of Finance of Indonesia, finance minister is responsible to the President. The ministry's motto is ''Nagara Dana Rakça'', which means "guardian of state finance". History Colonial period The Dutch East India Company was given ' to print money during the rule of Governor General Jan Pieterszoon Coen. Since the 17th century, the Dutch East India Company increased state revenue. The company raised state revenue by an obligation to surrender agricultural products ('), restrictions on agricultural production (', which increased the price) and obligations to plant strategic agricultural products such as coffee ('). When the British took over Dutch East India as part of the War of the Sixth Coalition and assigned Stamford Raffles as Lieutenant-Governor, he instituted reformation through land tax ('), which chan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bandung
Bandung is the capital city of the West Java province of Indonesia. Located on the island of Java, the city is the List of Indonesian cities by population, fourth-most populous city and fourth largest city in Indonesia after Jakarta, Surabaya, and Medan. Greater Bandung (Bandung Basin Metropolitan Area / BBMA) is the country's second-largest and second most populous List of metropolitan areas in Indonesia, metropolitan area, with over 11 million inhabitants. Situated above sea level (the highest point in the North area is at an altitude of , and the lowest in the South at above sea level), approximately southeast of Jakarta, Bandung has cooler year-round temperatures than most other List of cities in Indonesia, Indonesian cities. The city lies in a river basin surrounded by volcanic mountains that provide a natural defense system, which was the primary reason for the Dutch East Indies government's plan to move the capital from Batavia (modern-day Jakarta) to Bandung. The D ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manufacturing
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of the secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
