Brief History of The Company

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BNI as a State Owned Enterprise was the first to became a public company after listing its shares on the Jakarta Stock Exchange and the Surabaya Stock Exchange in 1996.

PT Bank Negara Indonesia (Persero), Tbk (hereinafter “BNI” or the “Bank” or the “Company”) was originally established in Indonesia as a central Bank under the name of “Bank Negara Indonesia” based on Government Regulation in Lieu of Law No. 2 of 1946 dated July 5, 1946. Subsequently, pursuant to Law No. 17 In 1968, BNI became “Bank Negara Indonesia 1946”, with the status of a State-owned Commercial Bank. Additionally, BNI’s role as a Bank was mandated to improve the people’s economy and participate in national development as confirmed by Law No. 17 of 1968 regarding Bank Negara Indonesia 1946.

Based on Government Regulation No. 19, 1992, April 29, 1992, BNI changed its legal status to a limited liability company (Persero). The change of legal status to limited liability company, was made in Deed No. 131, dated July 31, 1992, before Muhani Salim, SH, and was published in the State Gazette of the Republic of Indonesia No. 73 dated September 11, 1992, Supplement No. 1A.

BNI as a State Owned Enterprise was the first to became a public company after listing its shares on the Jakarta Stock Exchange and the Surabaya Stock Exchange in 1996. To strengthen its financial structure and competitiveness in the national banking industry, BNI conducted a number of corporate actions, including being recapitalized by the Government in 1999, Government share divestment in 2007, and a limited public offering in 2010.

To fulfill the provisions of Law No. 40 of 2007 dated August 16, 2007 on Limited Liability Companies, BNI’s Articles of Association were amended. The amendments were stated in Deed No. 46 dated June 13, 2008, made before Fathiah Helmi, SH, notary in Jakarta, based on an Extraordinary General Meeting Shareholders decision dated May 28, 2008, which was approved by the Minister of Justice and Human Rights of the Republic of Indonesia, by Decree No. AHUAH. 01.02-50609 dated August 12, 2008 and was published in the State Gazette of the Republic of Indonesia No. 103 dated December 23, 2008, Supplement No. 29015.

BNI’s Articles of Association latest changes related to a realignment of the Articles of Association in accordance with Deed No. 35 dated March 17, 2015, made before Notary Fathiah Helmi, SH, which was approved by the Minister of Justice and Human Rights of the Republic of Indonesia, by decree No. AHU-AH.01.03-0776526 dated April 14, 2015.

Currently, the Government of the Republic of Indonesia owns 60% of BNI shares, while the public, both individuals and institutions, own the remaining 40% domestic and foreign. BNI is now the 4th largest national Bank in Indonesia, based on total assets, total loans and total third-party funds. To provide financial services in an integrated manner, BNI is supported by a number of subsidiaries, namely Bank BNI Syariah, BNI Multifinance, BNI Sekuritas, BNI Life Insurance, BNI Ventures, BNI Remittance and Bank Mayora.

BNI offers deposit and loan facilities for the corporate, medium, and small segments. Many of the best products and services have been adapted to the needs of customers from childhood, through adolescence and adulthood, until retirement.

Further information regarding our Annual Performance can be found at Annual Reports.


  • 1946

    The establishment of PT Bank Negara Indonesia (Persero), Tbk as the first state-owned bank, functioning as a central bank and a commercial bank.

  • 1950

    BNI as a development bank given the right to act as a foreign exchange bank.

  • 1955

    BNI converts to a commercial bank and BNI opens its first overseas branch in Singapore.

  • 1960

    BNI supports the Indonesian economy and introduce various banking services such as Floating Banks and Mobile Banks.

  • 1968

    As a commercial bank with the name "Bank Negara Indonesia 1946", BNI is given the task of improving the economy of the people of Indonesia and participates in the national economic development by empowering various industrial sectors in Indonesia.

  • 1986

    BNI conducts operational restructuring and corporate reforms, including developing its vision and mission and Performance Improvement Program (PIP).

  • 1989

    BNI launches its new logo "the ark of sailing in the middle of the ocean" as a reflection and expression of the Company's expectations.

  • 1992

    The legal status of BNI is changed to PT (Persero) in line with the Banking Law provisions.

  • 1996

    BNI offers initial public shares and lists its shares on the Jakarta and Surabaya Stock Exchanges. This makes BNI the first government bank to become a public company.

  • 1997

    The monetary crisis hits Asia and Indonesia. Like other banks, BNI is also affected by the crisis, as reflected in the decline in financial performance indicators.

  • 1999

    BNI obtains additional capital from the Government through the bank recapitalization program. BNI succeeds in obtaining ISO 9002 certificate in recognition of quality standards including the Joint Processing Unit (UPB).

  • 2004

    BNI launches its new corporate logo and identity related to efforts to build a firm image of the Company in the face of competition.

  • 2007

    BNI issued new shares listed on the Jakarta and Surabaya Stock Exchanges at the same time as the government share divestment program. With the completion of both programs, public ownership increases to 23.64%.

  • 2008

    Under a new Management team, BNI steps up in the midst of the global economic crisis, reinforcing its financial foundation through five key strategies: adequacy of reserves, improving the quality of assets, focusing on profitability, creating sustainable business models and maintaining efficient cost structures.

  • 2009

    BNI shareholders agreed to separate syariah business units as an independent business entity.

  • 2010

    BNI issues new shares through a Rights Issue so that public ownership increases to 40%.

  • 2012

    BNI issues Global Bonds through its London branch office worth USD500 million. BNI's Global Bonds are registered at the Singapore Stock Exchange.

  • 2013

    BNI joins a strategic partnership with Sumitomo Life Insurance Company who purchases new shares issued by PT BNI Life Insurance worth Rp4.2 trillion.

  • 2014

    BNI's Net Income for the first time breaks the double-digit figure (Rp10.8 trillion), as one result of BNI's transformation programs implemented since year 2008.

  • 2015

    In order to adapt to the changing dynamic business environment, to meet the needs of all stakeholders interests, and to align with regulations related to management for financial conglomerate institutions, BNI restates its vision: "Becoming a Superior Financial Institution in Service and Performance".

  • 2016

    For the second time BNI achives a double-digite profit of Rp11.4 trillion with better fundamentals, indicated by a coverage ratio of 146% and CAR of 19.4%.

  • 2017

    Sustainable Bond I BNI Phase I Issuance in 2017 with a value of Rp3 trillion for a period of 5 years with a coupon of 8% per annum. BNI Bonds were published on July 11, 2017 and listed on BEI.

  • 2018

    BNI Subordinate I Medium Term Notes (MTN) Issuance in 2018 with a value of Rp100 billion for a period of 5 years with a fixed interest rate of 8% per annum. The MTN were registered at OJK, effective June 8, 2018.