As the first bank owned by the Government of Indonesia, PT Bank Negara Indonesia (Persero) Tbk, established in 1946 began its history by serving as the central bank as stipulated in Government Regulation in Lieu of Law No. 2/1946. In 1955, when the Indonesian government established Bank Indonesia as the Central Bank, BNI began operations as a commercial bank. Furthermore, the role of BNI as a bank that was mandated to improve the people’s economy and participate in national development was confirmed by Law No. 17 Year 1968 on Bank Negara Indonesia 1946.
Bank Mandiri as a friend of the nation represents a concept of services offered by the largest bank in Indonesia; with products and services in hand, the Bank is capable of inspiring, working and growing together as well as providing support to the whole society.
Adhering to the principles of good corporate governance, during the year 2015 Bank Mandiri did not only manage to carry out its business plan, make progress and record business growth, but it also made significant contributions to improving the welfare of the society. Bank Mandiri is committed to consistently be a friend of the nation by undertaking work in national development to achieve the future goal of bringing on a better Indonesia.
Asuransi Jasindo is a State-Owned Enterprise (SOE) which establised based on Government Regulation No. 10 / 1973 concerning on the State Participation to establish limited company in General Insurance. The Company is a merged of 2 (two) State-Owned Enterprises, PT Umum International Underwriters and PT Asuransi Bendasraya.
PT. Timah as a Limited Liability Company Timah was established on August 2nd, 1976. It is a State-Owned Enterprise engaged in tin mining and has been listed on Indonesia Stock Exchange since 1995.
The company’s scope of activity includes mining, industry, trading, transportation and services. The company’s main activity is as the holding company that performs tin mining operations and marketing services to their business groups. The company has several subsidiaries engaged in the workshop and shipbuilding, engineering services, tin mining, tin consulting and tin research services, as well as non-tin mining.