PT Bank Pembangunan Daerah Kalimantan Timur dan Kalimantan Utara (),

doing business as A trade name, trading name, or business name is a pseudonym used by companies that do not operate under their registered company name. The term for this type of alternative name is fictitious business name. Registering the fictitious name with ...

Bankaltimtara, is an

Indonesian regional development bank Regional Development Banks (, or BPD) are a type of bank in Indonesia that is established and owned by the local provincial government. Its purpose is to boost regional development and provide initial capital to the province that private banks wo ...

serving

East Kalimantan East Kalimantan (Indonesian language, Indonesian: ) is a Provinces of Indonesia, province of Indonesia. Its territory comprises the eastern portion of Borneo/Kalimantan. It had a population of about 3.03 million at the 2010 census (within the cu ...

and

North Kalimantan North Kalimantan () is a Provinces of Indonesia, province of Indonesia. It is located on the northernmost of Kalimantan, the Indonesian part of the island of Borneo. North Kalimantan borders the Malaysian states of Sabah to the north and Sarawa ...

. It was previously known as ''Bank Kaltim'' or East Kalimantan Bank until 2017 when the company was renamed after

was created five years ago. It is also one of the biggest compared to other province's regional development banks in Indonesia.

History

The company was established by Regional Law Number 3 of 1964. As of 2018, 37% of the bank shares are owned by East Kalimantan provincial government, while the rest is distributed to government of regencies and cities in East and North Kalimantan province. As with other regional development banks in Indonesia, its commissioner is appointed directly by provincial government serving 4 years-term and managed by regional provincial laws.

References

{{Banks in Indonesia Banks of Indonesia Regionally-owned companies of Indonesia Government-owned banks of Indonesia