Milestones

  • 1956

    Established under the name of Bank Kopra Indonesia

  • 1976

    Name changed to PT Bank Danamon Indonesia

  • 1988

    Became the first Indonesian private foreign exchange bank

  • 1989

    Went public through IPO in the Jakarta Stock Exchange

  • 1998

    Taken over by the governement at the height of the Asian financial crisis

  • 2000

    Legal merger with other eight taken over Banks (BTO)

  • 2003

    Acquisition of the government’s controlling stake by Asia Financial (Indonesia) Pte. Ltd.

  • 2004

    The launching of Danamon Simpan Pinjam.
    Acquired Adira Finance

  • 2005

    Rapid expansion of Danamon Simpan Pinjam Branch Network
    Launch of the Bank’s new Vision, Mission and Values

  • 2006

    Acquisition of American Express Card business in Indonesia
    Danamon celebrated its 50th anniversary.

  • 2007

    The launching of Dirham Card, the first ever syariah card in Indonesia

  • 2008

    Established Danamon Corporate University

  • Continued expansion of distribution network

  • 2009

    Rights Issue of Rp4 trillion

  • Increased acquisition in Adira to 95%

  • 2010

    Danamon and Adira Finance issued Fixed Rate Bonds to diversify funding source

  • 2011

  • Rp 5 trillion in rights issue

  • Danamon celebrated its 55th anniversary