Largest banks in

Indonesia as of February
2022, by total assets (in
trillion Indonesian rupiah)
Financial Institutions

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 Largest banks in Indonesia as of February 2022, by
total assets (in trillion Indonesian rupiah)
Major banks Indonesia 2022, by total assets

Total assets in trillion Indonesian rupiah

0 200 400 600 800 1,000 1,200 1,400 1,600 1,800
Bank Rakyat Indonesia 1,527
Bank Mandiri 1,350
Bank Central Asia 1,221
Bank Negara Indonesia 904.96
Bank Tabungan Negara 363.39
Bank CIMB Niaga 307.59
Bank Syariah Indonesia 269.16
Bank OCBC NISP 229.52
Bank Panin 182.78
Bank Danamon 179.82
Note(s): Indonesia; February 2022
Further information regarding this statistic can be found on page 8.
Source(s): Various sources (Companies); Bisnis.com; ID 830681

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 Largest banks in Indonesia as of February 2022, by
total assets (in trillion Indonesian rupiah)
Major banks Indonesia 2022, by total assets

Total assets in trillion Indonesian rupiah Your Headline

Your Notes:
0 200 400 600 800 1,000 1,200 1,400 1,600 1,800
Bank Rakyat Indonesia 1,527
Bank Mandiri 1,350
Bank Central Asia 1,221
Bank Negara Indonesia 904.96
Bank Tabungan Negara 363.39
Bank CIMB Niaga 307.59
Bank Syariah Indonesia 269.16
Bank OCBC NISP 229.52
Bank Panin 182.78
Bank Danamon 179.82
Note(s): Indonesia; February 2022
Further information regarding this statistic can be found on page 8.
Source(s): Various sources (Companies); Bisnis.com; ID 830681

© Indosat Ooredoo Hutchison 2022 - www.ioh.co.id 3

 Largest banks in Indonesia as of February 2022, by
total assets (in trillion Indonesian rupiah)
Major banks Indonesia 2022, by total assets

1,800
1,600 1,527
Total assets in trillion Indonesian rupiah

1,400 1,350
1,221
1,200
1,000 904.96
800
600
363.39 307.59
400 269.16 229.52 182.78 179.82
200
0
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Note(s): Indonesia; February 2022
Further information regarding this statistic can be found on page 8.
Source(s): Various sources (Companies); Bisnis.com; ID 830681

© Indosat Ooredoo Hutchison 2022 - www.ioh.co.id 4

 Largest banks in Indonesia as of February 2022, by
total assets (in trillion Indonesian rupiah)
Major banks Indonesia 2022, by total assets

1,800 Your Headline

1,600 1,527 Your Notes:
Total assets in trillion Indonesian rupiah

1,400 1,350
1,221
1,200
1,000 904.96
800
600
363.39307.59
400 269.16229.52
182.78179.82
200
0
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Note(s): Indonesia; February 2022
Further information regarding this statistic can be found on page 8.
Source(s): Various sources (Companies); Bisnis.com; ID 830681

© Indosat Ooredoo Hutchison 2022 - www.ioh.co.id 5

 Largest banks in Indonesia as of February 2022, by
total assets (in trillion Indonesian rupiah)
Major banks Indonesia 2022, by total assets

1,800
1,600 1,527
1,350
Total assets in trillion Indonesian rupiah

1,400 1,221
1,200
1,000 904.96
800
600
363.39 307.59
400 269.16 229.52 182.78 179.82
200
0
sia iri sia sia ar
a a sia P
ni
n on
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an
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lA n e eg iag n e
N
IS
P a am
o rt a o N o
nd M n nd n
N B In
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BC nk an
ta I nk Ce
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un CI riah O
C B
ank
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Ra B a N Ta B a S B a B
ank ank ank ank
B B B B
Note(s): Indonesia; February 2022
Further information regarding this statistic can be found on page 8.
Source(s): Various sources (Companies); Bisnis.com; ID 830681

© Indosat Ooredoo Hutchison 2022 - www.ioh.co.id 6

 Largest banks in Indonesia as of February 2022, by
total assets (in trillion Indonesian rupiah)
Major banks Indonesia 2022, by total assets

1,800 Your Headline

1,600 1,527 Your Notes:
1,350
Total assets in trillion Indonesian rupiah

1,400 1,221
1,200
1,000 904.96
800
600
363.39307.59
400 269.16229.52
182.78179.82
200
0
esia d iri sia esia a ra a ga esia ISP ni
n on
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do M
a
tra
l
do N B
N do C k
P
ana
n en n n n n
atI ank C r aI n ga C IM ah
I CB B a k
D
ky B a i O n
a ank eg abu n k y ar nk Ba
R B N T B a S a
nk nk k B
a a an ank
B B B B
Note(s): Indonesia; February 2022
Further information regarding this statistic can be found on page 8.
Source(s): Various sources (Companies); Bisnis.com; ID 830681

© Indosat Ooredoo Hutchison 2022 - www.ioh.co.id 7

 Largest banks in Indonesia as of February 2022, by
total assets (in trillion Indonesian rupiah)
Major banks Indonesia 2022, by total assets
Description
Source and methodology information
Source(s) Various sources (Companies); Bisnis.com As of February 2022, Bank Rakyat Indonesia was the largest bank in Indonesia in terms of
assets. Along with Bank Mandiri and Bank Central Asia (BCA), they were the only
Conducted by Various sources (Companies) Indonesian banks with total assets exceeding one quadrillion Indonesian rupiah (around 71
billion U.S. dollars).
Survey period February 2022
Region(s) Indonesia
Number of respondents n.a.
Banking sector in Indonesia
Age group n.a.
Special characteristics n.a.
Published by Bisnis.com Indonesia’s banking sector has continuously been on the rise. The growth of the middle class
and overall population resulted in the ongoing development of the finance industry. As of
Publication date April 2022
April 2022, there were about 1.46 thousand rural banks and 107 commercial banks available.
Original source finansial.bisnis.com The market is regulated by the financial service authority, whereas the central bank of
Indonesia, Bank Indonesia (BI), is responsible for foreign exchange supervision and payment
Website URL visit the website systems.
Notes: 1,000 Indonesian rupiah equal 0.067 U.S. dollars or 0.065
euros as of July 2022.

Digital banking services in Indonesia

Indonesia is one of the most adaptable countries to digital banking services in the world. The
majority of the rather young population are open to digital payment methods as well as digital
consumption in general. Not surprisingly, the e-wallet market size in Indonesia , was already
at 1.5 billion U.S. dollars in 2018, and is expected to grow to 25 billion U.S. dollars by 2023.
For traditional banks, this development could be perceived as a threat and an opportunity. The
possibility of reaching customers without a physical presence could lead to an increase in
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clients. On the other hand, a lack of technological know-how and the slow implementation
and enforcement of digital actions could allow smaller competitors to establish themselves in