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Milestones
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1956
Established under the name of Bank Kopra Indonesia
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1976
Name changed to PT Bank Danamon Indonesia
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1988
Became the first Indonesian private foreign exchange bank
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1989
Went public through IPO in the Jakarta Stock Exchange
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1998
Taken over by the governement at the height of the Asian financial crisis
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2000
Legal merger with other eight taken over Banks (BTO)
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2003
Acquisition of the government’s controlling stake by Asia Financial (Indonesia) Pte. Ltd.
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2004
The launching of Danamon Simpan Pinjam.
Acquired Adira Finance
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2005
Rapid expansion of Danamon Simpan Pinjam Branch Network
Launch of the Bank’s new Vision, Mission and Values
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2006
Acquisition of American Express Card business in Indonesia
Danamon celebrated its 50th anniversary.
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2007
The launching of Dirham Card, the first ever syariah card in Indonesia
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2008
Established Danamon Corporate University
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Continued expansion of distribution network
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2009
Rights Issue of Rp4 trillion
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Increased acquisition in Adira to 95%
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2010
Danamon and Adira Finance issued Fixed Rate Bonds to diversify funding source
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2011
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Rp 5 trillion in rights issue
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Danamon celebrated its 55th anniversary