September 23, 2014 9:55 AM ET

Banks

Company Overview of PT Bank Mutiara Tbk

Company Overview

PT Bank Mutiara Tbk provides various banking products and services in Indonesia. The company offers various deposit products, including current accounts, saving deposits, time deposits, certificate deposits, and interbank call money. It also provides various loan products. In addition, the company offers MoneyGram, insurance, Internet banking, card, and ATM services. It operates through 23 branches, 35 sub-branches, and 3 cash offices. The company was formerly known as PT Bank Century Tbk and changed its name to PT Bank Mutiara Tbk in August 2009. PT Bank Mutiara Tbk was founded in 1989 and is headquartered in Jakarta, Indonesia.

International Financial Centre building

2nd Floor

Jalan Jenderal Sudirman Kav. 22-23

Jakarta,  12920

Indonesia

Founded in 1989

1,592 Employees

Phone:

62 21 2926 1111

Fax:

62 21 2926 1222

Key Executives for PT Bank Mutiara Tbk

President Director
Age: 56
Executive Vice President of Finance & Operation
Age: 55
Managing Director of Treasury & International
Age: 47
Head of Wealth Management Division
Head of Planning & Performance Management Division
Compensation as of Fiscal Year 2014.

PT Bank Mutiara Tbk Key Developments

Hong Leong And Bank of China Reportedly To Acquire Mutiara

Hong Leong Bank Berhad (KLSE:HLBANK) and Bank of China (Hong Kong) Limited reportedly looking to acquire PT Bank Mutiara Tbk from Indonesia Deposit Insurance Corporation.

Mandiri Not To Acquire Mutiara

PT Bank Mandiri (Persero) Tbk (JKSE:BMRI) is not interested in acquiring PT Bank Mutiara Tbk, according to President Director, Budi Gunadi Sadikin. Budi said that Mutiara's assets that are too small, whereas Mandiri requires large additional assets in the run up to the ASEAN Economic Community

Bank Rakyat Indonesia Bids For Bank Mutiara

PT Bank Rakyat Indonesia (Persero) Tbk (JKSE:BBRI) has submitted a bid to acquire PT Bank Mutiara Tbk. Bank Mutiara had been put up for sale and Bank Rakyat Indonesia is among the 18 local and foreign investors who have expressed interest.

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Deutsche Bank AG, Jakarta Branch Asia

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
September 12, 2014
--
Private Placement
December 31, 2013
--
 

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