Bank Saudara

PT Bank Himpunan Saudara 1906 Tbk. is an Indonesia-based financial institution. Bank Saudara was founded in 1906 by ten merchants of Pasar Baru in Bandung, West Java. The Bank's products and services include savings and checking accounts, fixed deposits, credit loans and other banking services. As of January 31, 2014, the Bank is supported by 17 branch offices, 75 supporting branches, 16 cash offices, 47 automated teller machines (ATM) and 4 mobile offices.[1]

PT Bank Himpunan Saudara 1906 TBK
Public (IDX: SDRA)
IndustryFinancial Services
Founded1906 
FounderHimpoenan Soedara (1906)
HeadquartersBandung, Indonesia
Key people
Farid Rahman, S.E., MBA
Yanto M. Purbo, MBA
Revenue Rp 1.773 trillion (2016)
Rp 309.816 billion (2016)
Total assets Rp 22.63 trillion (2016)
Total equityRp 4.411 trillion (2016)
Number of employees
2,245 (2016)
WebsiteBanksaudara.com

Merger plans

On 14 March 2012, Bank Saudara announced a plan to merge with Bank Woori Indonesia, Indonesian subsidiary of Woori Bank of South Korea.[2] PT Bank Himpunan Saudara 1906, Tbk (Bank Saudara) has obtained approval from Bank Indonesia (BI) via an approval letter on December 30, 2013 related to the purchase of 27% (twenty-seven percent) Bank Saudara’s shares by the Woori Bank of Korea and the remaining 6% (six percent) has been approved in advance on April 16, 2013. Earlier this year, Woori achieved one of its long-awaited overseas operation goals ― Indonesia’s central bank approved Woori’s acquisition of a 33-percent stake in Bank Saudara.

Board of directors

Commissioner
Title Name
Komisaris Utama Farid Rahman, S.E., MBA
Komisaris Independen Maskan Iskandar, S.H
Komisaris Independen Ahmad Agus Setiadjaja, S.E., M.Si

Director
Title Name
Direktur Utama Yanto M. Purbo, MBA
Direktur Bisnis Ir. Denny N. Mahmuradi
Direktur Kepatuhan dan SDM Ir. Arief Budiman
Direktur Operasi Hardono B. Prasetya, S.H.
gollark: He was meant to be doing the obstacle course thing, didn't particularly do anything, and was told by Mr Wilde to work out how to use the xbox controller, which is doomed to failure I think.
gollark: I know Joshua *isn't*, at least?
gollark: I'm not clear exactly what everyone is doing, but:- Ojas and someone are doing mechanical/hardware design, which is general to basically all the challenges- me and Aidan are doing cameras and sensors, which generalizes to most of them- actually I have no idea if anyone else is doing anything
gollark: Only because lots of people are effectively just ignoring the team divisions.
gollark: I don't think mr wilde will mind if we come up with a better way to organize stuff and explain why.

References
  2. "Bank Saudara and Woori Indonesia Set to Merge", The Jakarta Globe, 14 December 2012
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