BANK NISP

Brief History

67 years ago, precisely April 4, 1941, Bank NISP was established in Bandung with the name NV Nederlandsch Indische Spaar En Deposit Bank.

As the fourth oldest bank in Indonesia, began in the early establishment of Bank NISP operates as a savings bank in 1967 and have increased the status as a commercial bank.

In 1972 the Bank NISP alliances formed a joint financing and technical assistance by the Bank Perdania which is the first joint venture bank in Indonesia. On 27 June 1974, Bank NISP become one of the shareholders at Daiwa Bank Perdania, where 31 March 2003 shares of Bank NISP of 19.92%. In March 2003, Daiwa Bank and Asahi Bank Limited Limited conduct mergers and organized into Resona Bank Limited and Saitama Resona Bank Limited to form Resona Holdings, Inc.. In connection with the merger, PT Bank Daiwa Perdania changed its name to PT Bank Resona Perdania. However, in RUPST (Annual General Meeting of Shareholders) 2005 re-release of Bank NISP ownership of 567,777 shares to maximize the assets produktifnya structure.

Improving the status as a foreign exchange bank acquired the Company in 1990. Along with that, the trust of various international institutions continue to grow. Exim Bank of Japan and the Netherlands Development Finance Company (FMO) to distribute long-term soft loans to small and medium enterprises through the Bank NISP. In addition, USAID, the United States from the Bank NISP also participate in the loan portfolio guarantee program.

On 20 October 1994, Bank NISP its shares on the Jakarta Stock Exchange and the Public Bank. Furthermore, in 1995 and 1996 the Bank NISP obtain ISO 9002 certificate for the Treasury and the Division of Financial Institutions and the Office of Vocational Center. ISO 9002 certification is made of Bank NISP as one of the first bank in the Asean region, which apply international standards of quality. In January 2000 the certificate ISO 9002 increased to ISO 9001-1994 and in 2001 increased again to become ISO 9001-2000.

In early 1997, OCBC Overseas Investments Pte. Ltd. (OOI), a subsidiary of Oversea-Chinese Banking Corporation Limited - the third largest Bank of Singapore, Bank NISP with a mixture of bank called the Bank OCBC-NISP. After PT Bank Buana Keppel Tatlee merger with PT Bank OCBC-NISP in February 2002, PT Bank OCBC-NISP also changed the name to PT Bank OCBC Indonesia. In 2002, Bank NISP do divestasi ownership in the bank from 15% to 1.33%.

In the same year, Bank NISP became the first bank in the U.S. who receive long-term bilateral loans from the International Finance Corporation (IFC), one of the members of the World Bank. Then in early 2001, the IFC to make capital investment of 9.6% through Right Issue II, and made the loan EUR 5 million as a loan subordination.

Repayment second IFC capital of Rp 31.56 billion of compensation and loan subordination USD 5 million made through Right Issue III occurred in July 2002. As of the end of June 2005 of 8.56% shares of Bank NISP officially owned by the IFC. Right on Isue IV month Novermber 2005 Bank NISP.memperoleh fund of Rp 601.5 billion, which the International Finance Corporation (IFC) have dilusi meniadi 7.17%

Economic crisis in Indonesia since mid 1997, then worsened with the banking crisis, urged the government to hold a recapitalization program in order to save the banking sector of Indonesia. In the implementation of the recapitalization program, Bank Indonesia, Bank NISP classified into the category of the bank group "A". This indicates that the Company's capital structure strong enough so as not to follow the banking recapitalization program, which is basically intended to strengthen capital.

While most of Indonesia's banking industry is still trying to recover their internal conditions in 1999, Bank NISP has launched a product Credit Home Ownership (KPR) Freedom is a repackaging of products that already exist KPR. The uniqueness of this product is the credit approval process that only five working days since all the data received. These products make up the forward Pour banking credit to help finance a house in the midst of economic crisis.

With the support of more than 5,300 employees, 352 offices and more than 20,000 ATM machines, including ATM network and ATM BCA Bersama spread across Indonesia and OCBC Bank ATMs in Singapore and Malaysia in the BankCard; Bank NISP continually grow and develop without forgetting the importance of quality service to the customers.

At the international level, confidence in the Bank NISP increasingly evident. OCBC Bank Singapore, one of the largest banking group in Southeast Asia, have become shareholders NISP since April 2004. NISP shareholders with ownership of 72.40% at the end of 2007, OCBC Group to become the largest institutional shareholders, who actively supports the growth and development of the Bank NISP into a bank with the world.

SOURCE : http://www.banknisp.com/tentang/sejarah.asp