July 22, 2017 4:50 PM ET

Banks

Company Overview of PT Bank Danamon Indonesia Tbk

Company Overview

PT Bank Danamon Indonesia Tbk, together with its subsidiaries, provides banking products and services in Indonesia. It operates through Retail, Mid Size, and Wholesale segments. The company offers saving and current accounts; time deposits; multipurpose loans; housing loans, such as mortgage, and renovation and house building loans; car and motorcycle finance; micro finance; trade finance; and commercial and corporate loans, as well as loans to small and medium enterprises. It also provides investment products, including mutual funds and bonds; insurance products, such as personal, investment related, motor vehicle, fire, heavy equipment, cargo, and marine hull insurance products, as well as...

Menara Bank Danamon building

Jl. HR. Rasuna Said, Blok C No. 10

Kel. Karet, Kec. Setiabudi

Jakarta,  12920

Indonesia

Founded in 1956

30,568 Employees

Phone:

62 21 8064 5000

Fax:

62 21 8064 5033

Key Executives for PT Bank Danamon Indonesia Tbk

PT Bank Danamon Indonesia Tbk does not have any Key Executives recorded.

PT Bank Danamon Indonesia Tbk Key Developments

PT Bank Danamon Indonesia Tbk Reports Earnings Results for the First Quarter Ended March 31, 2017

PT Bank Danamon Indonesia Tbk reported earnings results for the first quarter ended March 31, 2017. For the quarter, the company reported net income attributable to equity holders of the parent was IDR 1.05 trillion, or IDR 109.51 per share, compared to IDR 813.55 billion, or IDR 84.88 per share, for the same quarter ended March 31, 2016. Net interest income for the first quarter ended March 31, 2017 was IDR 3.55 trillion, compared to IDR 3.40 trillion for the same quarter ended March 31, 2016. Net operating income for the first quarter ended March 31, 2017 was IDR 1.49 trillion, compared to IDR 1.12 trillion for the same quarter ended March 31, 2016. Income before income tax for the first quarter ended March 31, 2017 was IDR 1.50 trillion, compared to IDR 1.13 trillion for the same quarter ended March 31, 2016.

PT Bank Danamon Indonesia Tbk, Annual General Meeting, Apr 12, 2017

PT Bank Danamon Indonesia Tbk, Annual General Meeting, Apr 12, 2017, at 03:00 Coordinated Universal Time. Location: Menara Bank Danamon, Auditorium 23rd Floor, Jl. HR. Rasuna Said, Blok C No. 10, Karet Setiabudi, Jakarta 12920 Indonesia Agenda: To consider the approval of the company's annual report for financial year ended on December 31, 2016; to consider the company's profits for the financial year ended on December 31, 2016; to consider the engagement of Public Accountant and Public Accounting Firm for financial year 2017; to consider the determination of the remuneration or honorarium, bonus/tantieme, and other allowance of the company's Board of Commissioners members and Sharia Supervisory Board members; to consider the changes in the membership composition of the Board of Directors, the Board of Commissioners, and Sharia Supervisory Board of the Company; to consider the changes of several articles in the company's Articles of Association and the restatement of all articles in the company's Articles of Association; and to consider the procedures to claim Dividend which has been recorded in the Special Reserve Fund of the company.

PT Bank Danamon Indonesia, Tbk. Announces Earnings Results for the Full Year of 2016

PT Bank Danamon Indonesia, Tbk. announced earnings results for the full year of 2016. For the period, the company reported net profit before taxes of IDR 4.5 trillion which is a 39% growth as compared to a year earlier. This is due to growth in noninterest income, discipline in operating expense management, and improvement in cost of credit. Net profit after taxes grew 12% to IDR 2.7 trillion. The company generated IDR 2.0 trillion in fee income, a 7% growth compared to 2015. The growth in feebased income was supported by Adira Insurance, which grew by 1% to IDR 908 billion, cash management, which grew by 11% to IDR 325 billion, and bancassurance, which grew by 13% to IDR 281 billion.

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