Milestone

2020

  • Bank Danamon on 27 May 2020 has been upgraded to BUKU 4 by the Financial Services Authority (OJK)
  • Danamon launched Danamon Optimal, a financial solution to optimize customer finances for upwardly mobile segment. Danamon Optimal offers financial solutions to manage customers' wants, needs and finances.
  • Danamon received the Best Digital Bank 2020: Indonesia by Asiamoney at the 2020 Asiamoney Best Bank Award. This is the third award for Best Digital Bank by Bank Danamon, which previously achieved similar achievements in 2017 and 2018
  • Danamon received the Asia Trailblazer Award by Retail Banker International (RBI) with the title Highly Commended in the Best Digital Banking Initiative category. RBI is a research and media institution around the world retail banking industry.

2019

  • Launched D-Bank, mobile banking application which enables customers do financial transaction anytime, anywhere.
  • Danamon and Bank Nusantara Parahyangan (BNP) completed their legal merger process.
  • Danamon appoints new President Director
  • Launched D-BisMart, first application in Indonesia that enables business owner and Financial Supply Chain (FSC) Community in managing items order conveniently
  • Danamon, a member of Mistubishi UFJ Financial Group, Inc. (“MUFG”) affirmed its commitment to support the growth of Financial Technology (FinTech) industry in Indonesia by announcing its plans to distribute funds from MUFG Innovation Partners Co., Ltd (MUIP) to FinTech startup companies that have formed strategic partnerships with Bank Danamon
  • Partner with MUFG Jakarta Branch hosted their first joint Business Matching Fair, bringing together Japanese, Indonesian and Southeast Asian corporate clients to network and explore business opportunities
  • Danamon has completed the sale of 70% share ownership in PT Asuransi Adira Dinamika Tbk (“Adira Insurance”), its general insurance subsidiary to Zurich Insurance Company Ltd (“Zurich”)
  • Signed a dealer financing agreement with PT Mercedes-Benz Distribution Indonesia (“MBDINA”) and PT Daimler Commercial Vehicles Indonesia (“DCVI”), subsidiaries of Daimler AG in Indonesia. The agreement allows dealer partners of both companies to access financing from Bank Danamon. This partnership is a result of collaboration with MUFG, as the controlling shareholder of Bank Danamon, which has a strong relationship with Daimler AG, the parent company in Germany, connecting Bank Danamon with its Indonesia subsidiaries

2018

  • Launched D-Wallet, digital wallet application that can be used to make online or offline payment and shopping
  • Launched Syariah Mortgage, a mortgage product house with the first Syariah settlement launched by Danamon thorough its Syariah unit using IMBT (hire and purchase), where customers can own house or place to stay with hire and purchase system ended by changes of ownership at the end of rent.
  • Launched Hajj Saving by Danamon Syariah, in which Danamon has been appointed as the Hajj Financial Management Office (BPKH) to us as Recipient Bank for Hajj Pilgrimage Fund Deposit (BPS-BPIH). As BPS-BPIH, Danamon Syariah has been entrusted with a duty to serve Hajj pilgrimage registration and payment, in cooperation with the Ministry of Religious Affairs and BPKH. Additionally, Danamon Syariah is also assigned the roles of Placement Bank, Investment Partner Bank, and Value Management Bank to support BPKH in managing Hajj pilgrimage funds
  • Completion of 40.0% Investment in Bank Danamon by MUFG Bank
  • Danamon announced it has entered into a Conditional Sales and Subscription Agreement (CSSA) with Zurich Insurance Company Ltd (“Zurich”), for the sale of 70% share ownership in PT Asuransi Adira Dinamika (“Adira Insurance”), its general insurance subsidiary.
  • Danamon received the Best Digital Bank: Indonesia award from Asiamoney during the Asiamoney Best Bank Award 2018 awarding night in Beijing, People’s Republic of China, on 18 September 2018. This is the second consecutive Best Digital Bank award received by Bank Danamon. 
  • Launched Application Programming Interface (API) Central , also known as open API or open banking, which enables customers to connect directly with the Bank when performing either financial or nonfinancial transactions. This service answers the need to be fast and agile in the digital age, whereby banks are called upon to provide digital services that is fast, secured, and convenient. 

2017

  • Launched Danamon Connect, an integrated financial transaction service to facilitate and help customers of enterprise banking segment, from corporate, commercial, financial institutions, and small and medium enterprises (SME)
  • Launched DPoint, a point reward program for customers
  • Launched new tagline “Saatnya Pegang Kendali”
  • Signed Partnership Agreement with Investree
  • Launched Danamon Red Match Soccer Camp, new program part of Red Match program with Manchester United
  • Launched Danamon Run, first running event by Danamon for publik

2016

  • Launched the Ponsel D-Cash feature
  • Signed Cooperation Agreement with Yayasan Pesantren Islam Al Azhar, Danamon Syariah provides financing and comprehensive Islamic banking service to YPIA
  • Inaugurates new head office Menara Bank Danamon and launched Laku Pandai, branchless banking program conducted in five cities across Indonesia
  • Signed Partnership Agreement with Investree, provide benefits to lenders and debtors whereby the lending process will be faster, more convenient and transparent through Investree’s peer-to-peer marketplace
  • Launched new social media account in effort to communicate more effective through channels that are easily accessible by customers and other stakeholders
  • Yayasan Danamon Peduli the only corporate foundation that represented Indonesia in the United Nations Conference on Sustainable Housing and Urban Development or Habitat III in Quito, Ecuador
  • Launched DCard Mobile, a smartphone application for Danamon credit holder

2015

  • Cooperation with the International Islamic Trade Finance Corporation (ITFC) regarding Syariah Joint Trade Financing facilities.
  • Launch of Mobil DSP for Micro customers.
  • Launch of Bisa Umrah Savings iB.
  • Launch of e-commerce feature for Danamon Online Banking.

2014

  • Launched “D-Mobile” Danamon Mobile Banking Application
  • Launched Danamon Syariah’s Tabungan BISA iB and Tabungan BISA Qurban iB
  • Cooperation with the Financial Services Authority (OJK) on Financial Literation and Education through socialization with the Financial Literation Car (SiMOLEK)
  • Signed a Memorandum of Understanding with Indosat to establish a strategic partnership in telecommunication and banking services
  • Signed a Memorandum of Understanding with the International Finance Corporation (IFC), a member of the World Bank Group to design and develop a financing model for micro, small and medium enterprises in Indonesia’s agribusiness sector through Danamon Simpan Pinjam (DSP)

2013

  • Partnership with Wells Fargo and overseas Private Investment Corporation (oPIC) as well as International Finance Corporation(IFC) to finance Indonesia’s MSME sector.
  • Number of monthly online transaction through Danamon online Banking reaches 2.6 million
  • Construction of Danamon’s new headquarters “Menara Danamon”
  • Published Global reporting Initiative (GrI)-certified sustainability report.

2012

  • Network expansion of Solusi Emas Syariah
  • Launched credit, debit and ATM Manchester United card

2011

  • Rp 5 trillion in rights issue
  • Danamon celebrated its 55th anniversary

2010

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

2009

  • Rights Issue of Rp4 trillion Increased acquisition in Adira to 95%

2008

  • Established Danamon Corporate University Continued expansion of distribution network2007

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

2006

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

2005

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

2004

  • The launching of Danamon Simpan Pinjam Acquired Adira Finance

2003

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

2000

  • Legal merger with other eight taken over Banks (BTO)

1998

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

1989

  • Went public through IPO in the Jakarta Stock Exchange

1988

  • Became the first Indonesian private foreign exchange bank

1976

  • Name changed to PT Bank Danamon Indonesia
  • Established under the name of Bank Kopra Indonesia