The History of Bank MEGA

Starting from a family-owned business named PT. Karman Bank, which was founded in 1969 and based in Bangkok, then in 1992 the name changed to PT. Mega Bank, and make relocation to the Office of Central Jakarta.

Along with its development of PT. Mega Bank in 1996, taken over by the ITS GROUP (PT. The Global Investindo and PT. Investama The Partners). To further improve the image of PT. Mega Bank, in June 1997 to make changes to the logo with the goal that as people's confidence in financial institutions, will be more easily recognized through a new company logo is. And in 2000 made changes to the name of PT. PT Bank Mega to be. Bank Mega.

In order to strengthen the capital structure in the same year the PT. Bank Mega implement the Initial Public Offering and listed on the JSX and Have a great night. Thus, part of PT shares. Mega Bank is owned by the public and changed its name to PT. Bank Mega Tbk.

At the time of economic crisis, Bank Mega attention as one of the banks that are not affected by the crisis and continue to grow without government assistance, together with Citibank, Deutche Bank and HSBC.

PT. Bank Mega Tbk. with the slogan "Mega Goal you" grow rapidly and become a confident and reputable financial institution that is capable of leading banks in the Asia Pacific region and has obtained many awards and achievements both at the national, regional and international. In an effort to realize the performance in accordance with the name disandangnya, PT. Bank Mega Tbk. hold on the principles of professionalism, openness and caution with a strong capital structure and banking products and the latest facilities. Until the year 2007 PT. Bank Mega Tbk. 152 has a network consisting of branch offices, sub-branches and cash offices spread in almost all major cities in Indonesia, and Priority Banking.

Banking Sector Facing Liquidity Pressure

When a global financial shock occurs, investors soon move their funds from the risk to places more secure. This could cause a liquidity crisis for institutions and large, in the banking industry from a bank error in the fulfillment of the transaction - the transaction could endanger the position of the clearing banks other.
Bank Mega to become one of the most liquid currently, in the interest of war between banks - big banks that cause liquidity is not evenly spread in each bank.

Source : http://www.bankmega.com/corsec/liquidbanks.php

The History of Bank Negara Indonesia

Initially referred to by its unabbreviated name of Bank Negara Indonesia when it was established in 1946, BNI is the first bank formed and owned by the Indonesian Government.

Historical records indicate that on of the eve of the 30th of October 1946, or merely a few months after its formal establishment, the Bank distributed the first currency bills ever issued by Indonesia’s Government popularly known at the time as ORI, or ‘Oeang Republik Indonesia’ (Currency of the Republic of Indonesia). In fact, this day is commemorated annually as the National Finance Day while the date of the Bank's establishment - the 5th of July - was designated as National Bank Day.

Bank Negara Indonesia's role as the circulation and central bank was duly terminated in 1949 following the government’s appointment of the former Dutch-controlled bank, De Javasche Bank, as Indonesia's Central Bank . The Bank, subsequently designated as a development bank, was later granted the rights to provide foreign reserve services that allowed it access to direct foreign transactions.

Enhanced by increased capitalization, the Bank's legal status was formally changed to that of a state-owned commercial Bank in 1995. This provided the Bank with the foundation to provide better and wider range of both access and services for the country's business sectors.

In its quest to competitively differentiate itself from its competitors, the Bank decided, towards the end of 1968, to attach its year of establishment to its corporate name to become Bank Negara Indonesia 1946. The Bank was therefore popularly referred to, for decades, as 'BNI 46'. The simpler name of 'Bank BNI' was adopted in 1988 along with the change of the corporate identity.

BNI’s legal status was upgraded in 1992 to that of a state-owned limited corporation under the name of PT Bank Negara Indonesia (Persero) and the bank decided to become a public company through its initial public offering of its shares in 1996.

BNI's ability to adapt to environmental, socio-cultural and technological advances is reflected through the continuous refinement of its corporate identity which is carried out to suit the changing demands and trends of the times. This adaptability signifies the Bank's dedication and commitment towards continuous improvement of its performance.

A refined corporate identity was introduced in 2004 that reflects the positive prospects for the future after a year of struggle characterized by a period of hardship. A shorter name of 'BNI' subsequently replaced the former 'Bank BNI', while the year of its establishment - '46' - was exposed through the logomark to reinforce the pride and distinction that the Bank had in being the country's first national bank.

In keeping with the spirit of the heroic national struggle that is rooted in its history, BNI strives to provide the best services for the country and to ultimately become the Pride of the Nation, today and always.