Company Information

Get to know Bank Danamon Indonesia Tbk

Founded in 1956, PT Bank Danamon Indonesia Tbk has grown to become a leading universal bank in Indonesia. The bank provides a wide spectrum of financial products and services including consumer banking, small and medium-sized enterprise (SME) banking, wholesale banking (corporate and commercial), and treasury and capital market services. Since 2019, Bank Danamon has been a part of the MUFG Bank, Ltd. network, Japan's largest financial group, which enhances its capabilities and access to global markets. The bank's mission is to help millions of people achieve prosperity by providing customer-centric financial solutions.

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Bank Danamon Indonesia Tbk

Indonesia

Founded in

1956 (70 Years)

Founded

Last online: No recent activity

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Markets.com

(327 reviews)

United States

2008

(18 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.