Jakarta, 10 July 2025 – PT Bank Danamon Indonesia Tbk (“Danamon”,
IDX: BDMN), a member of MUFG, a global financial group, today announces that it receives an approval
from the Indonesia Financial Services Authority (“OJK”) to act as the Operational Financial
Holding Company (“FHC”) of the MUFG Financial Conglomeration (“MUFG FC”) in
Indonesia.
The appointment of Danamon by MUFG Bank, Ltd. (“MUFG Bank”), the controlling shareholder of
Danamon, to act as the Operational FHC of the MUFG FC in Indonesia is to fulfill the requirements of the
Regulation of the Financial Services Authority Number 30 Year 2024 Concerning Financial Conglomerates
and Financial Holding Companies (“POJK 30/2024”). In accordance with POJK 30/2024, as FHC,
Danamon is responsible to control, consolidate, and oversee all activities of the MUFG FC in
Indonesia.
Daisuke Ejima, President Director of Danamon, explains, “We appreciate the
approval from OJK for Danamon to act as the Operational FHC of the MUFG FC in Indonesia. Through its
role as Operational FHC, Danamon intends to strengthen collaboration within the MUFG FC in Indonesia, so
that it can continue to contribute to the growth of Indonesia’s financial industry by better
serving our customers with holistic financial solutions from all members of the MUFG FC. Danamon is
committed to execute this leadership role with full responsibility, in compliance with prevailing rules
and regulations, and by implementing good corporate governance.”
The appointment of Danamon as Operational FHC of the MUFG FC by MUFG Bank is part of MUFG’s
strategic action to strengthen integration within the MUFG FC, which aligns with Danamon’s
strategy to Grow Together as One Financial Group, to together offer holistic financial solutions for
customers, so that in return the MUFG FC can continue to contribute to the financial industry in
Indonesia, especially in its current position as one of Indonesia’s largest and leading financial
conglomerates. Furthermore, this appointment and approval will strengthen integrated corporate
governance and risk management within the MUFG FC, with more robust coordination.
The membership composition of the MUFG FC in Indonesia is as follows:
Meanwhile, in accordance with the Resolutions of the Extraordinary General Meetings of Shareholders on
30 June 2025, the shareholders of Adira Finance and Mandala Finance have approved the merger plan
involving both companies, with Adira Finance being designated as the surviving company. Subsequent to
approvals obtained from relevant regulators received on the same day, the merger is scheduled to take
effect on 1 October 2025.
Information disclosure based on this announcement is available on Danamon’s corporate website and
Indonesia Stock Exchange’s website.
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For more information, please contact:
Matthew Hanzel Corporate Communications Manager PT Bank Danamon Indonesia Tbk Email: matthew.hanzel@danamon.co.id |