Banking in Indonesia

Banking in IndonesiaBanking in Indonesia.

Information about Indonesia Banking Services.

business solutions.

Business Banking Services in Indonesia.

Most of the more than 120 private and state-owned commercial banks in Indonesia offer a set of banking services for businesses. Here, we will try and list the business banking services provided by a few of the more prominent banks in Indonesia:

Citibank Indonesia – Citibank provides a wide variety of Business Banking Services under two broad umbrellas – Citi Business Solutions and Commercial Banking Solutions.

Citi Business Solutions encompasses:

Everyday business banking services – This includes current options that help you manage your cash flow and multiple currency options that help you pursue global opportunities; time deposits, including foreign currency time deposits, to put business reserve funds to better use and a comprehensive online banking package.

Flexible credit facilities – with competitive interest rates and a range of acceptable collaterals.

International transactions – These include bank guarantees, letters of credit and Citi Business Foreign Exchange Solutions for business uninterrupted by foreign exchange fluctuations.

Wealth management solutions – This includes updates, advice and investment access to bonds and mutual funds.

The Citi bouquet of Commercial Banking Solutions includes a range of cash management and tax solutions; domestic and international trade services; foreign exchange solutions that include an online forex trading platform, forex options and forwards and flexible credit products.

DBS Bank – DBS provides a wide range of business banking products and services through DBS Corporate Banking. These include an online working capital management platform, the DBS IDEAL™ 3.0, Letters of Credit Negotiations / Discounting, Accounts Payable / Inventory and Supply Chain Financing, Treasury services including fixed income and foreign exchange solutions and equity and debt capital market advisory services.

Bank Mandiri – Mandiri’s business banking offerings include SME & Micro Banking, Commercial and Corporate Banking products / services. The SME & Micro Banking product range includes: Small Business Loan Facilities – a range of cash loans, letters of credit, bank guarantee, loan programs and Mandiri micro loans.

Its Commercial Banking product range includes working capital, investment and cash collateral loans, a range of trade finance services, special loans for a variety of purposes, cash management, funding and remittance products.

Finally, its Corporate Banking bouquet of products and services cater to a wide variety of corporate and institutional banking requirements.

ANZ Indonesia’s Commercial Banking, HSBC Bank’s Corporate Banking and Global Banking solutions, UOB Indonesia’s range of Business Banking, Corporate & Institutional Banking products and services, BII Maybank’s Business Banking and Standard Chartered Bank’s SME Banking and Corporate & Institutional Banking are some of the many other business banking solutions available in Indonesia.

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