Company Information

Get to know Bank Mayora

Founded on July 28, 1993, PT Bank Mayora is a commercial bank and part of the Mayora Group, a prominent food and beverage conglomerate in Indonesia. The bank focuses on serving the retail and SME segments with products including savings, loans, and other banking services. In 2022, Bank Mayora was acquired by a consortium led by Bank Negara Indonesia (BNI) and Sea Group (the parent company of Shopee), with plans to transform it into a digital bank to serve a wider audience in Indonesia's growing digital economy. The bank is licensed and supervised by the Otoritas Jasa Keuangan (OJK) and is a participant of the Indonesia Deposit Insurance Corporation (LPS).

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Bank Mayora

Indonesia

Founded in

1993 (33 Years)

Founded

Last online: No recent activity

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

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DFSA

Security Information

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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.