1. ABOUT
  2. COMPANY INFORMATION
  3. Our Story
  4. Corporate Milestones

Corporate Milestones

  • UOB Indonesia Corporate Milestone

  • 2023

    1. Launch of UOB Infinity, a digital platform which allows businesses to manage their banking needs in a simpler, smarter and more personalised manner.
    2. Launch of UOB FinLab, UOB's flagship innovation accelerator to help local businesses grow and transform digitally. In Indonesia kick-started its inaugural digitalisation programme entitled UKM SUKSES (Sistem Usaha Kreatif dan Solusi Ekonomi Sejahtera).
    3. UOB Indonesia launches new financial supply chain management capabilities in UOB Infinity to enable clients digitalise their supply chain financing. FSCM capabilities will enable clients to connect buyers, suppliers, and distributors within their supply chain ecosystem in Indonesia, across ASEAN and Greater China.
    4. UOB Indonesia held the first UOB Gateway to ASEAN Conference 2023, the first event outside Singapore. The event gathered business leaders, clients, and partners from Indonesia, ASEAN and Greater China, along with government officials.
    5. UOB completes acquisition and integration of Citigroup's consumer banking business in Indonesia. Entire acquisition successfully completed in all four ASEAN markets - Indonesia, Malaysia, Thailand, and Vietnam.
    6. Right Issue of 1,040,946,745 shares with nominal value of IDR250 per share offered at IDR1,441 per share.

  • 2022

    1. The signing of an Asset and Liability Transfer Agreement with Citibank, N.A, the Indonesia branch.
    2. Launch of TMRW Pay, an e-commerce loan that enables consumers to manage their budgeting needs conveniently.
    3. Launch of U-Energy, Asia's first integrated financing platform to drive energy efficiency.
    4. UOB Indonesia held UOB Economic Outlook 2023 with the theme "Emerging Stronger in Unity and Sustainably". Mr Joko Widodo, President of the Republic of Indonesia, opened the event with special remarks. Followed by Ms Sri Mulyani, Minister of Finance of the Republic of Indonesia, delivered a keynote speech.
    5. UOB announced its commitments to reach net zero by 2050. This underlines its goal to support a just transition that advances sustainable socioeconomic development in tandem with decarbonisation in Southeast Asia.

  • 2021

    1. Held Economic Outlook 2022 attended virtually by President of the Republic of Indonesia.

  • 2020

    1. Launch of TMRW, the first digital bank for ASEAN's digital generation.
    2. Right Issue of 1,632,759,084 shares with nominal value of IDR250 per share offered at IDR1,225 per share.

  • 2016

    1. Issuance of Shelf Registration Senior Bonds I and Subordinated Bonds I Bank UOB Indonesia Phase I Year 2016.
    2. Launched the Business Internet Banking (BIB) and Personal Internet Banking (PIB) service platforms to improve the Bank’s competitiveness and quality of services to customers.

  • 2015

    Issuance of Bank UOB Indonesia Bonds I Year 2015.

  • 2014

    Issuance of Bank UOB Indonesia Subordinated Bonds I Year 2014

  • 2013

    Implementation of the Core Banking Standarisation project from the development of infrastructure systems towards improved services by the Bank.

  • 2012

    Bank together with UOB Group launched a new uniform for front liners, which represents professionalism and confidence.

  • 2011

    Bank changed its name to PT Bank UOB Indonesia.

  • 2010

    Ex PT Bank UOB Indonesia merged with PT Bank UOB Buana.

  • 2009

    Early redemption (call option) of Subordinated Bond I.

  • 2008

    1. Extraordinary General Meeting of Shareholders approved the Bank’s privatisation plan.
    2. UOBII increased its share ownership to 98.997% through a tender offer.
    3. Bank delisted its shares from Indonesia Stock Exchange.

  • 2007

    1. The Bank officially changed its name from PT Bank Buana Indonesia Tbk to PT Bank UOB Buana Tbk.
    2. United Overseas Bank Limited (UOB), through UOBII, became the majority shareholder.

  • 2005

    1. IFC divested its stake in the Bank.
    2. UOBII increased its ownership to 61.11% and became the majority shareholder.

  • 2004

    1. UOB International Investment Private Limited (UOBII) became the second largest shareholder after PT Sari Dasa Karsa.
    2. Issued Subordinated Bond I.

  • 2003

    International Finance Corporation (IFC), a subsidiary of World Bank, became the first foreign shareholder of the Bank through Limited Public Offering II.

  • 2000

    Initial Public Offering and listing on the Jakarta Stock Exchange and Surabaya Stock Exchange.

  • 1998

    Received a predicate category “A” from Bank Indonesia.

  • 1976

    Became a foreign-exchange bank.

  • 1975

    Acquired PT Bank Aman Makmur, Jakarta.

  • 1974

    Acquired PT Bank Kesejahteraan Masyarakat, Semarang.

  • 1972

    Acquired PT Bank Pembinaan Nasional, Bandung.

  • 1956

    The Bank was founded as PT Bank Buana Indonesia and commenced operations.