July 30, 2014 1:13 PM ET

Banks

Company Overview of PT. Bank Mega Tbk

Company Overview

PT Bank Mega Tbk provides general banking services in Indonesia. Its deposit products include demand, saving, and time deposits. The company’s loan product portfolio comprises working capital loans; consumer loans, including motor vehicle loans, housing loans, credit cards, and other personal loans, as well as loans in foreign currencies; loans to economic sectors; and joint financing and syndicated loans. It operates through 121 branches and 223 sub-branches. The company was founded in 1969 and is headquartered in Jakarta, Indonesia. PT Bank Mega Tbk operates as a subsidiary of PT Mega Corpora.

Menara Bank Mega

Jl. Kapten Tendean Kav. 12-14A,

Jakarta,  12790

Indonesia

Founded in 1969

8,868 Employees

Phone:

62 21 7917 5000

Fax:

62 21 7918 7100

Key Executives for PT. Bank Mega Tbk

PT. Bank Mega Tbk does not have any Key Executives recorded.

PT. Bank Mega Tbk Key Developments

Bank Mega Seeks Acquisitions

PT. Bank Mega Tbk (JKSE:MEGA) (Bank Mega) is looking to expand itself by taking over regional banks that need financial and managerial assistance. Chairul Tanjung, Chief Commissioner of Bank Mega, said, “We are interested in assisting the regions by working with regional development banks because these banks have a significant impact on development activities of the regions. They need a partner that can help them with capital as well as implementing the necessary management and technological systems.” Kostaman Thayib, President Director of Bank Mega, said that this year the bank will keep focus on providing credit to small and medium industries, in addition to the consumer, commercial and corporate segments.

PT. Bank Mega Tbk Reports Unaudited Earnings Results for the Month and Year to Date Ended November 2012

PT. Bank Mega Tbk reported unaudited earnings results for the month and year to date ended November 2012. For the month, the company reported pre-tax earning of TWD 0.740 billion and after-tax earnings of TWD 0.636 billion. For year to date, the company reported pre-tax earning of TWD 21.679 billion and after-tax earnings of TWD 18.559 billion or TWD 2.70 per share.

PT. Bank Mega Tbk Reports Unaudited Earnings Results for the Month and Year to Date Ended October 2012

PT. Bank Mega Tbk reported unaudited earnings results for the month and year to date ended October 2012. For the month, the company reported pre-tax earning of TWD 1.633 billion and after-tax earnings of TWD 1.404 billion. For year to date, the company reported pre-tax earning of TWD 20.939 billion and after-tax earnings of TWD 17.923 billion or TWD 2.61 per share.

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