Best Banks in Indonesia

PT Bank DBS Indonesia, HSBC, and Bank Mandiri have been named the best banks in Indonesia by leading financial publications:

PT Bank DBS Indonesia (DBSI) offers a comprehensive range of banking services including wealth management, corporate and consumer lending, trade finance, time deposits, current accounts, savings accounts, money market, and foreign exchange services. In 2007 it was rated 3rd for the category of Best Bank in Indonesia for Assets of Rp. 10 trillion – Rp. 50 trillion from Investor magazine.

HSBC (formerly known as The Hong Kong and Shanghai Banking Corporation Limited) has had long history in Indonesia. It provides a wide range of banking and financial services tailored to meet a wide spectrum of needs, including personal financial services, corporate, commercial banking, institutional banking, treasury capital markets and Amanah Syariah banking. The Bank has received numerous awards such as The Best Bank in Indonesia by Asia Money; Best Trade Finance Bank by The Asset; Best Fund Administrator by Asian Investor Awards; The most important bank by Greenwich Associates; Best Sub-Custodian Bank by The Asset; to name a few.

Bank Mandiri was formed as part of the Government of Indonesia's bank restructuring program. In July 1999, four state-owned banks: Bank Bumi Daya, Bank Dagang Negara, Bank Exim and Bapindo were amalgamated into Bank Mandiri. The Bank is committed to delivering excellence in banking services and has received many awards and distinctions, some of which include:
- Best Bank In Indonesia 2004 (Euromoney)
- Bank of The Year 2004 Indonesia (The Banker)
- The Best Local Bank, Indonesia (Finance Asia)
- Best Domestic Bank In Indonesia (Euromoney)
- Best Emerging Market Bank (Global Finance)
-The Best Cash Management in Indonesia (Alpha South East Asia HK 2007)

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Kelvin Wong Loke Yuen is a highly experienced education writer. He has obtained many certifications from the UK, USA, Australia and Canada, including an MBA and a Postgraduate Diploma from Heriot-Watt (UK's World-Class University) and a BCom degree from Adelaide (Australia’s Group of Eight University). Follow him on: LinkedIn