PT Bank Ina Perdana Tbk Company Profile

Background

Overview

PT Bank Ina Perdana Tbk, established on February 9, 1990, is a private national bank headquartered in Jakarta, Indonesia. The bank offers a comprehensive range of banking products and services, including savings accounts, time deposits, current accounts, various credit products, and digital banking services. It operates through a network of branches, supporting branches, and ATMs across Indonesia.

Mission and Vision

• Mission: To support the Indonesian economy by providing general and digital banking products and services that contribute to the success of individual customers, MSMEs, and corporations.

• Vision: To become the national bank of choice for the people.

Industry Significance

As a member of the Salim Group, one of Indonesia's largest conglomerates, Bank Ina Perdana Tbk benefits from strategic advantages, including potential synergies for digital banking initiatives and access to a vast captive market, which are key to its future growth.

Key Strategic Focus

Core Objectives

• Enhance customer experience through online transaction systems and e-channels.

• Develop corporate partnerships using technology features like virtual accounts and card-based transactions.

• Achieve sustainable growth by increasing lending to the MSME and commercial segments.

Areas of Specialization

• Digital Banking: Emphasis on digital transformation, developing mobile banking applications and other digital services to facilitate customer access and transactions.

• Retail and MSME Banking: Focus on providing tailored products and services for individual customers and micro, small, and medium enterprises, which are the backbone of Indonesia's economy.

• Wholesale Banking: Serving corporate and institutional clients with comprehensive banking solutions.

Key Technologies Utilized

• Digital banking platforms for mobile and internet banking services.

• Technological features like virtual accounts and card-based transactions for corporate partnerships.

Primary Markets Targeted

• Individual customers seeking general and digital banking services.

• Micro, small, and medium enterprises (MSMEs) requiring financial solutions.

• Corporate and institutional clients needing comprehensive banking services.

Financials and Funding

Funding History

• Initial Public Offering (IPO): Bank Ina Perdana Tbk became a public company on January 16, 2014, listing its shares on the Indonesia Stock Exchange under the ticker symbol "BINA".

• Capital Increase: Following a rights issue, the bank successfully met the minimum Core Capital requirement, reporting around IDR 3.2 trillion, solidifying its foundation for future business expansion.

Financial Performance

• Revenue: In 2024, the bank reported revenue of IDR 572.25 billion, a decrease of 12.13% compared to the previous year's IDR 651.27 billion.

• Net Income: The net profit for 2024 was IDR 81.85 billion, a significant decline of 60.63% from IDR 207.9 billion in 2023.

• Market Capitalization: As of January 9, 2026, the bank's market capitalization was IDR 29.26 trillion, reflecting a 15.22% increase over the past year.

Pipeline Development

Key Pipeline Candidates

• Digital Banking Initiatives: The bank is focusing on enhancing its digital banking services, including the development of mobile banking applications and other digital platforms to improve customer engagement and service delivery.

Target Conditions

• Improving profitability and operational efficiency.

• Expanding the customer base in the MSME and corporate segments.

Anticipated Milestones

• Successful implementation and adoption of digital banking platforms.

• Achieving sustainable growth in lending to MSMEs and corporate clients.

Technological Platform and Innovation

Proprietary Technologies

• Digital Banking Platforms: Development of mobile and internet banking services to enhance customer experience.

Significant Scientific Methods

• Data Analytics: Utilization of data analytics to understand customer behavior and tailor financial products accordingly.

• Machine Learning Algorithms: Implementation of machine learning for credit risk assessment and fraud detection.

Leadership Team

Executive Profiles

• Henry Koenaifi: President Director.

• Kiung Hui Ngo: Finance Director and Director.

• Mohamad Haris Zaenal Abidin: Department Head of Accounting and Financial Planning.

• Fera Indratie Prajitno: Head of Marketing Communication and Product Development Division.

• Paulus Rimba: Head of Human Capital Division.

• Rony Hermawan: Head of Credit Review.

• . Chudori: Head of the Risk Management Division.

• Polmatua Sinaga: Head of Operations Division.

• Ader Harson Tambunan: Head of Credit Admin Division.

• Tutok Walter Sudin Saragih: Head of Compliance and APU - PPT.

Competitor Profile

Market Insights and Dynamics

• Market Size: The Indonesian banking sector is substantial, with numerous players ranging from large state-owned banks to smaller private institutions.

• Growth Potential: There is significant growth potential in the MSME segment, which remains underserved by many traditional banks.

• Industry Trends: A strong emphasis on digital transformation is evident, with banks investing heavily in technology to enhance customer experience and operational efficiency.

Competitor Analysis

• PT Bank Rakyat Indonesia (Persero) Tbk: A state-owned bank specializing in microfinance, with a vast network serving approximately 30 million retail clients.

• PT Bank Central Asia Tbk: One of the largest private banks in Indonesia, known for its extensive branch network and comprehensive banking services.

• PT Bank Mandiri (Persero) Tbk: A state-owned bank offering a wide range of financial products and services, with a significant presence in the corporate banking sector.

Strategic Collaborations and Partnerships

Significant Collaborations

• Salim Group: As a member of the Salim Group, Bank Ina Perdana Tbk leverages synergies within the conglomerate, particularly in digital banking initiatives and accessing a large captive market.

Operational Insights

Strategic Considerations

• Digital Transformation: The bank's focus on digital banking is crucial to remain competitive, especially in serving the MSME segment.

• Profitability Challenges: Addressing the decline in net profit is essential for sustaining operations and shareholder value.

Competitive Advantages

• Salim Group Affiliation: Provides strategic support and access to a vast customer base.

• Digital Banking Focus: Positions the bank to meet the evolving needs of tech-savvy customers.

Strategic Opportunities and Future Directions

Strategic Roadmap

• Digital Banking Expansion: Enhancing digital platforms to improve customer engagement and service delivery.

• MSME Lending Growth: Increasing lending to micro, small, and medium enterprises to tap into a growing market segment.

Future Business Directions

• Product Diversification: Developing new financial products tailored to the needs of individual and corporate clients.

• Geographical Expansion: Exploring opportunities to expand the bank's presence in underserved regions.

Opportunities for Expansion

• Digital Services: Capitalizing on the growing demand for digital banking services.

• Strategic Partnerships: Forming alliances with fintech companies to enhance service offerings.

Contact Information

• Official Website: bankina.co.id

• Social Media:

• Facebook: Bank INA

• Instagram: @bankina