Bank Danamon and BNP Complete Merger

Jakarta, 2 September 2019. PT Bank Danamon Indonesia Tbk (“Bank Danamon”) and PT Bank Nusantara Parahyangan Tbk (“Bank BNP” or “Merged Bank”), a member of Mitsubishi UFJ Financial Group, Inc. (“MUFG”) have completed our operational merger.

Customers of the Merged Bank are now able to enjoy Bank Danamon’s vast array of products and services; national network of 464 branches and 1,400 ATMs along with access to more than 60,000 ATMs through the ATM Bersama, PRIMA, and ALTO networks across 34 provinces. In addition, customers have access to a full suite of Bank Danamon’s digital banking services, including internet, mobile, and SMS banking.  

We remain committed to be the leading Financial Institution in Indonesia with significant market presence. Our purpose and goal is to care for our customers and society at large, enabling all to thrive, grow and achieve prosperity. 

We also look forward to embracing the opportunities as part of MUFG Bank as the largest bank in Japan and a leading financial institution in the world. We will be able to leverage on MUFG’s strengths, expertise and network to serve our customers and to enable Bank Danamon to grow and deliver long term value to all stakeholders.