Established in 1956, PT Bank Danamon Indonesia Tbk (Danamon) is the second largest private national bank and the fifth largest commercial bank in Indonesia, with a 5% share of the domestic system loans and deposits.
Danamon has one of the widest geographic distribution network of all Indonesian banks with 1,096 branch offices, and provides its customers with access to over 14,000 ATMs across all 33 provinces of Indonesia. It is well-supported by more than 22,000 employees. Danamon is recognized as an innovative community banker to the mass market through its Danamon Simpan Pinjam branches, and as Indonesia's leading SME bank and also serves consumer and large multinational and Indonesian corporate customers across Indonesia.
Danamon is the majority owner of PT Adira Finance, Indonesia's leading auto finance company. With 253 branches and over 13,000 staff, Adira and Danamon work closely to ensure the needs of the mass market customers in Indonesia are fulfilled.
www.danamon.co.id
Financial & Operating Highlight
Fullerton Financial Holdings acquired a majority stake in Danamon in June 2003.
| Year ending 31 December (IDR bn) | 2008 | 2009 | 2010 |
| Number of Branches (including Adira Finance) | 1,871 | 1,896 | 2,128 |
| Number of Employees (including Adira Finance) | 41,617 | 41,615 | 53,402 |
| Total Assets | 107,268 | 98,598 | 118,207 |
| Shareholders Equity | 10,579 | 15,806 | 18,450 |
| Net Income | 1,530 | 1,532 | 2,883 |
| Normalised ROE % | 22.3 | 14.9 | 18.5 |
| Recent Awards for Danamon include: | |
| Best Local Cash Management Bank in Indonesia - Asiamoney FX Poll 2010 |
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| The Top 10 Banks in Service Excellence - Infobank and MRI |
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| Indonesia Best Trade Finance Provider 2010 by Global Finance |
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