Bank Maybank Indonesia

PT Bank Internasional Indonesia (BII) officially changes its identity to PT Bank Maybank Indonesia at November 2. The company is also rebranding by changing its overall logo and tagline, inline with the company’s main office logo Malayan Banking Berhad (Maybank). Bank Maybank Indonesia (Maybank) is the eighth largest Indonesian bank by assets as of September 2010. It is 97.4% owned by Maybank of Malaysia. Maybank Indonesia was established on May 15, 1959. After earning foreign exchange bank status in 1988, Maybank Indonesia listed its shares on Jakarta Stock Exchange and Surabaya Stock Exchange in 1989 (now the Indonesia Stock Exchange or IDX). Since going public, BII has grown to become one of Indonesia’s leading local private banks. As of 30 September 2012, Maybank Indonesia is 97.29% owned by Malayan Banking Berhad (Maybank), Malaysia's largest financial group. Maybank Indonesia is one of the top ten largest banks in Indonesia. As of 30 September 2012, BII’s network comprised 389 branches including sharia and overseas branches and 1,237 Automatic Teller Machines (ATMs) including 65 Cash Deposit Machines (CDMs) nationwide. Maybank Indonesia’s ATM network is also connected to all networks in Indonesia namely ATM PRIMA, ATM BERSAMA, ALTO and CIRRUS, Malaysia’s MEPS network as well as 3,500 Maybank ATMs in Malaysia and Singapore. As of 30 September 2012, the Bank controls third party funds of Rp79.8 trillion and maintain assets worth of Rp105.6 trillion.]].

Indonesia

Coordinates: 5°S 120°E / 5°S 120°E / -5; 120

Indonesia (ⁱ/ˌɪndəˈniːʒə/ IN-də-NEE-zhə or /ˌɪndoʊˈniːziə/ IN-doh-NEE-zee-ə; Indonesian: [ɪndonesia]), officially the Republic of Indonesia (Indonesian: Republik Indonesia [rɛpublik ɪndonesia]), is a sovereign island country in Southeast Asia and Oceania. It is the largest island country in the world by the number of islands, with more than fourteen thousand islands. Indonesia has an estimated population of over 255 million people and is the world's fourth most populous country and the most populous Muslim-majority country. The world's most populous island of Java contains more than half of the country's population.

Indonesia's republican form of government includes an elected legislature and president. Indonesia has 34 provinces, of which five have Special Administrative status. Its capital city is Jakarta. The country shares land borders with Papua New Guinea, East Timor, and the Malaysian Borneo. Other neighbouring countries include Singapore, the Philippines, Australia, Palau, and the Indian territory of the Andaman and Nicobar Islands. Indonesia is a founding member of ASEAN and a member of the G-20 major economies. The Indonesian economy is the world's 16th largest by nominal GDP and the 8th largest by GDP at PPP.

Provinces of Indonesia

Indonesian territory is composed of 34 provinces. A province (Indonesian: provinsi) is the highest tier of the local government divisions of Indonesia (Daerah Tingkat I - level I region). Provinces are further divided into regencies and cities (Daerah Tingkat II - level II regions), which are in turn subdivided into districts (kecamatan).

Background

Each province has its own local government, headed by a governor, and has its own legislative body. The governor and members of local representative bodies are elected by popular vote for five-year terms.

Current provinces

Indonesia has 34 provinces, eight of which have been created since 1999, namely: North Maluku, West Papua, Banten, Bangka–Belitung Islands, Gorontalo, Riau Islands Province, West Sulawesi and (in late 2012) North Kalimantan.

Five provinces have special status:

Papua (province)

Papua Province (Indonesian: Provinsi Papua) is the largest and easternmost province of Indonesia. It lies in West Papua region, which comprises the Indonesian, western, half of the island of New Guinea and nearby islands. Papua is bordered by the nation of Papua New Guinea to the east, and by West Papua province to the west. Its capital is Jayapura. It was formerly called Irian Jaya (before that West Irian or Irian Barat) and comprised all of Indonesian New Guinea. In 2002 the current name was adopted and in 2003 West Papua province was created within West Papua region from western parts of Papua province.

Naming

"Papua" is the official Indonesian and internationally recognised name for the province.

During the Dutch colonial era the region was known as part of "Dutch New Guinea" or "Netherlands New Guinea". Since its annexation in 1969, it became known as "West Irian" or "Irian Barat" until 1973, and thereafter renamed "Irian Jaya" (roughly translated, "Glorious Irian") by the Suharto administration. This was the official name until the name "Papua" was adopted in 2002. Today, the indigenous inhabitants of this province prefer to call themselves Papuans.