- Remko Weingarten(AI consultant)
- Call us!+62 8810 1295 7923
- Mail addressremko66@gmail.com
Bank Bukopin: General Information
Index
Company Overview
PT Bank KB Bukopin Tbk, commonly known as Bank Bukopin, is a prominent banking institution in Indonesia. Established on July 10, 1970, it initially operated under the name Bank Umum Koperasi Indonesia. The bank has undergone significant transformations and rebranding, particularly after becoming a subsidiary of KB Kookmin Bank from South Korea. As of February 23, 2021, the bank officially changed its name to PT Bank KB Bukopin Tbk, reflecting its new ownership and strategic direction.
History and Development
Bank Bukopin was founded in 1970 and began its commercial operations as a cooperative bank on March 16, 1971. Over the years, it has evolved through various phases, including a rebranding effort in 2021 to align with its new parent company, KB Kookmin Bank. The bank has experienced several key milestones, including:
- 1987-1996: Operated under the slogan "Mengabdi Demi Kemajuan Bangsa" (Serving for the Nation's Progress).
- 1997-2021: Adopted the slogan "Memahami Dan Memberi Solusi" (Understanding and Providing Solutions).
- 2021-Present: The current slogan is "Bersama, Kita Bintang Finansialnya" (Together, We Are the Financial Stars).
The bank's headquarters is located at Gedung Bank KB Bukopin, Jalan M.T. Haryono Kav. 50-51, Jakarta.
Relevant Links:
Services and Products
Bank Bukopin offers a comprehensive range of banking services and products designed to meet the needs of its diverse customer base. These include:
- Accounts and Deposits: Savings accounts, current accounts, and foreign currency deposits.
- Loans: Personal loans, car loans, mortgages, and corporate loans.
- Digital Banking: The bank has launched digital banking services, including the "KBstar" app, to enhance customer experience and accessibility.
- Sharia Banking: Offers Sharia-compliant financial products and services.
- Investment Services: Various investment products tailored for individual and corporate clients.
The bank emphasizes a "One Stop Service" concept, aiming to provide all financial services under one roof.
Relevant Links:
Financial Performance
In recent years, Bank Bukopin has faced challenges in its financial performance. Key metrics indicate a decline in earnings, with an average annual decrease of 48.1% in earnings, while the banking industry overall saw growth. Revenues have also been declining at an average rate of 66.1% per year. However, the bank is actively working on strategies to improve its financial health, including a rights issue to raise capital.
Relevant Links:
- Investor Relations - Bank Bukopin
- Simply Wall St - Bank Bukopin Past Earnings Performance
- Google Finance - Bank Bukopin Stock Price
Relevant Links and Resources
For further information about Bank Bukopin, the following resources are available:
- Bank Bukopin Official Website
- YouTube Channel - Bank Bukopin
- Market Research - Bank Bukopin
- S&P Global - KB Kookmin Bank Acquisition
This comprehensive overview provides insights into Bank Bukopin's history, services, financial performance, and relevant resources for further exploration.