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The rupiah ( symbol: Rp; currency code: IDR) is the official currency of Indonesia, issued and controlled by Bank Indonesia. Its name is derived from the Sanskrit word for silver, rupyakam ( रूप्यकम् ). [ 4] Sometimes, Indonesians also informally use the word perak ("silver" in Indonesian) in referring to rupiah in coins.
By 1968 the Suharto New Order had been established, and Bank Indonesia, as of 1968 was given sole right to issue banknotes (including notes below 5 rupiah) as well as coins (which had previously been the issue of the central government). [10] Hence, the new issue of Rp1 to Rp1,000 banknotes, dated 1968, were all emanating from Bank Indonesia.
Bank Negara Indonesia ( lit. 'State Bank of Indonesia', formerly Bank Negara Indonesia 1946, lit. 'State Bank of Indonesia of 1946'), is an Indonesian state-owned bank. It has branches primarily in Indonesia, but it can also found in Seoul, Singapore, Hong Kong, Tokyo, London and New York. It had 2,047 branches (as of 2022) [ 4] and more than ...
Regional Development Banks ( Indonesian: Bank Pembangunan Daerah, or BPD) are a type of bank in Indonesia that is established and owned by the local provincial government. Its purpose is to boost regional development and provide initial capital to the province that private banks would not risk giving, as well as giving basic financial services ...
On 19 December 2016, Bank Indonesia launched the all new design of rupiah banknotes and coins. They started to place the text Negara Kesatuan Republik Indonesia on their banknotes, rather than Bank Indonesia on the previous design. This practice was started earlier on the 2014 100,000 banknote based on the 2004 design.
Bank Negara Indonesia (BNI) 5 July 1946 Bank Rakyat Indonesia (BRI) 16 December 1895 Bank Tabungan Negara (BTN) 16 October 1897 [2] Subsidiaries of state-owned banks Bank Mandiri Taspen: 23 February 1970 Bank Mandiri: Non-foreign exchange bank Bank Mayora: 25 February 1993 Bank Negara Indonesia: Foreign exchange bank Bank Raya Indonesia: 27 ...
Website. www .bri .co .id. PT Bank Rakyat Indonesia (Persero) Tbk ( lit. "Indonesian People's Bank"), commonly known as Bank BRI or just BRI, is one of the largest banks in Indonesia. [ 4] It specialises in small scale and microfinance [ 5] style borrowing from and lending to its approximately 30 million retail clients through its over 8,600 ...
PT Bank Mandiri (Persero) Tbk. PT Bank Mandiri (Persero) Tbk or Bank Mandiri, headquartered in Jakarta, [ 2] is the largest bank in Indonesia in terms of assets, loans and deposits. [ 3] Total assets as of 2022, were 1.992 Trillion rupiah (around US$133 Billion). As of 2022, Bank Mandiri is the largest bank in Indonesia by total assets.