It presents general information about the risk management system, types of risks and their management, as well as a review of CIMB Niaga's effectiveness in risk management. It presents complete and detailed information regarding CIMB Niaga's implementation of corporate governance in accordance with applicable regulations and standards.
KEY HIGHLIGHTS 2019
FiNANCiAL PERFORMANCE
120 fee Income/
232.910 edc
Cash and cash equivalents at the end of the period Increased cash flow from operating activities. Meanwhile, PT Bank Lippo Tbk as a company which was merged into PT Bank CIMB Niaga Tbk effective November 1, 2008, conducted an Initial Public Offering under the regulation of the Minister of Finance of the Republic of Indonesia No.
SHARE
PT Bank CIMB Niaga Tbk (formerly PT Bank Niaga) conducted an Initial Public Offering based on the permission of the Minister of Finance of the Republic of Indonesia No. SI-057/SHM/MK.10/1989 dated October 2, 1989 and listed on the Stock Exchange Indonesia. Pursuant to the Underwriting Agreement and Intermediary Agreement of the Underwriter dated September 29, 1989, the Underwriter approved the issuance of 5,000,000 Common Shares with a par value of Rp.1,000 per share at the offer price of Rp.12,500 per share.
HIGHLIGHTS
Banka CIMB Niaga Tahap II Summer 2017 Seri C. Obligasi II PT Banka Permata Tbk. Banka CIMB Niaga Tahap II Summer 2017 Seri B. Obligasi II PT Banka Permata Tbk.
MANAGEMENT REPORTS
The Board of Commissioners has ensured that the Bank is managed professionally, in accordance with the shareholders'. In 2019, the Board of Commissioners held 8 (eight) meetings, and 4 (four) joint meetings with the Board of Directors.
COMPANY PROFILE
GENERAL
COMPANY INFORMATION
CIMB NIAGA AT A GLANCE
In 2008 before the merger, PT bank Niaga Tbk changed its name to PT bank CImb Niaga Tbk (rebranding) based on Deed No. 10/66/KEP.GbI/2008 dated October 15, 2008 regarding "Genting Permit for business Combination of PT bank" Lippo Tbk to PT bank CImb Niaga Tbk”, and the Minister of Law and Human Rights Republic of Indonesia Letter No. CImb Niaga also offers commercial and Sharia products and services through the CImb Niaga Sharia business unit.
MILESTONES
Added Go mobile features with eWallet Top Up, QR Code, cardless withdraw and deposit, and improved Go mobile look and user experience.
CORPORATE IDENTITY (LOGO)
In accordance with Article 3, paragraph 3.2 of the latest CImb Niaga Bylaws, as set out in Deed No. 40 of 18 September 2017 in the presence of Ashoya Ratam, Bachelor of Laws, Master of Notary Public, Notary Public of the City Administration of South Jakarta, in Article 3, Clause 3.2, CImb Niaga was established with the intent and purpose of doing business.
BUSINESS ACTIVITIES
As of December 31, 2019, CImb Niaga carried out all the business activities specified in the latest statute.
BUSINESS NETWORK AND OPERATING AREAS
4500 ATM
CORPORATE VISION, MISSION, CULTURE
CORPORATE
3 CRitiCAl
BEHAviORs
ORGANIZATION STRUCTURE
BOARD OF COMMISSIONERS’
PROFILES
First appointed as an Independent Commissioner of CImb Niaga based on the EGm resolution dated 18 July 2008 with effect from 1 November 2008. First appointed as an Independent Commissioner of CImb Niaga based on the AGM resolution dated 28 March 2013 with effect from 26. November 2013. as Independent Commissioner of CImb Niaga based on the resolution of the General Assembly dated 15th April 2016 and 14th September 2016.
Appointed as a Commissioner of CImb Niaga based on AGM resolution dated 27 March 2014 and effective on 15 September 2014. Last appointment was as a Commissioner of CImb Niaga based on AGM resolution dated 24 April 2018 and effective on 24 April 2018. Appointed as a Commissioner of CImb Niaga based on AGM resolution dated 15 April 2019, and effective 20 November 2019.
DiDi syAFRuDDin yAHyA
Bachelor of Arts Education from Whitman College, Washington State, USA (1982) Work Experience • Various senior positions in Singapore, Hong Kong, Thailand. It is not related to other members of the Board of Commissioners and members of the Board of Directors, but it is related to the majority or controlling shareholders. It is not related to other members of the Board of Commissioners and members of the Board of Directors, but it is related to the majority or controlling shareholders.
DAviD RiCHARD tHOmAs
Concurrent positions Does not hold concurrent positions, either as a member of the board of commissioners, member of the board of directors, member of the commission, or other positions Legal basis for. First appointed as President Director of CImb Niaga based on the AGM Resolution dated April 10, 2015 and effective June 1, 2015. Last appointment as President Director of CImb Niaga based on the AGM Resolution dated April 15, 2019. No financial connection or family with other members of the board of directors, members of the board of commissioners or with the majority or controlling shareholders.
BOARD OF DIRECTORS’
RitA mAs’OEn
JOHn simOn
HEDy lApiAn
RAHARDJA AlimHAmZAH*
SHARIA SUPERVISORY BOARD’S PROFILES
Last appointed as a member of the Bank's Sharia Supervisory Board based on AGM decision of 15 April 2019. First appointed as a member of the CImb Niaga Sharia Supervisory Board by AGM decision of 28 March 2013, with effective June 10, 2013, and reappointed to the same position based on AGM decision of April 15, 2016. Last appointment as member of the Bank's Sharia Commissioner based on AGM decision of April 15, 2019.
INFORMATION ON MANAGEMENT CHANGES AFTER THE END OF THE 2019 FISCAL YEAR
In collaboration with Department of Non-bank Financial Institution (IKNb) - Financial Services Authority (OJK), Republic of Indonesia (2013). Invited Researcher (Co-Researcher) at Center for Central Banking Education and Studies at Central Bank of INDONESIA (PPSK – bI. Islamic Economic & Financial Advisor/Researcher at Saudi Arabian Monetary Authority – SAmA, Kingdom of Saudi Arabia (2017 – present).
SENIOR EXECUTIVES’
Since July 2015, he has been the LWO Manager for Commercial Banking (Comba) & mSmE (formerly ARR) CImb Niaga. Since July 2017 he has been Head of Loan Workout for Corporate Banking at CImb Niaga. He was the head of SmE 2 (west). Java, Central Java, East Java and Bali) on PT.
EMPLOYEES AND
COMPETENCY DEVELOPMENT STATISTICS
The ownership of PT bANK CImb NIAGA TbK shares listed in the above table relates to Treasury shares. As at 31 December 2019, there were no institutional shareholders with shares above 5% with CImb Niaga shares, apart from CImb Group Sdn bhd, which is the controlling shareholder of the bank. However, CImb Niaga still guarantees the rights of the shareholders as stipulated in Article 11 Paragraph 3.
SHAREHOLDER COMPOSITION
In addition to the OJK Regulation, the bank has a provision as defined in the Conflict Management Policy which requires each member of the Board of Commissioners and/or the Board of Directors to notify CImb Niaga of the transaction of their shares at least 2 (two) business days. before the transaction and must report such transaction within 2 (two) working days after the transaction. In 2019, there were no transactions for the purchase or sale of CImb Niaga shares by the board of Commissioners and the board of Directors. Appointed as Senior Independent Commissioner of the bank through CImb Niaga of the Board of Commissioners, Circular Decree no.
CHRONOLOGY OF SHARES ISSUED AND LISTING
2001 Limited public offering with rights issue (excluding class b shares which were not listed). 2010 Limited public offering with rights issue (PUT V) (excluding b-shares, which were not listed). The list of CImb Niaga bonds and sukuk that have matured and settled in the last 2 (two) years has been presented in the Other Securities sub-chapter of the Equity Highlights sub-chapter of this annual report.
CHRONOLOGY OF
To strengthen its capital structure and support business expansion, CImb Niaga has issued several Rupiah bonds and sukuk. The list of outstanding and unpaid CImb Niaga bonds and sukuk has been presented as a summary of other securities as set out in the Equity Highlights sub-chapter in this annual report. BANK CIMB NIAGA ISSUED NEGOTIABLE CERTIFICATES OF DEPOSIT (NCD) During 2019, CImb Niaga did not issue new Negotiable Certificates of Deposit (NCD). year) Coupon Currency Nominal (in billion.
OTHER SECURITIES LISTINGS
The bonds and sukuk include CImb Niaga Bank Subordinated Bonds I, II and III, CImb Niaga Bank Shelf Registration Bonds I, II and III, and CImb Niaga Bank Shelf Registration Sukuk mudharabah I. All securities of issued by CImb Niaga and still in circulation are listed on the Indonesia Stock Exchange.
CORPORATE GROUP STRUCTURE
PT CImb Niaga Auto Finance (“CNAF” or “Company”) was incorporated on December 19, 1981 as PT Saseka Gelora Leasing. In Indonesia, the Investment banking business unit has been transferred to a new entity, namely PT CImb Niaga Sekuritas, which was established in 2018 as a legal entity where PT bank CImb Niaga Tbk. As a business unit overseeing investment banking activities, PT CImb Niaga Sekuritas focuses on providing securities underwriting and financial advisory services.
LIST OF BUSINESS PARTNERSHIPS
CAPITAL MARKET SUPPORTING
INSTITUTIONS AND PROFESSIONALS
CImb Niaga is committed to continuously improve the implementation of the Principle of Openness as mandated by Law number 8 in 1995 regarding capital markets and the improvement of good corporate governance, especially for shareholders, customers, the public, government and other parties interested through the information presented. on the main page www.cimbniaga.com. In addition, CImb Niaga has also fulfilled its request for information in accordance with Article 6 of the OJK Regulation (POJK) No.
INFORMATION ON
THE COMPANY WEBSITE
It contains information related to CImb Niaga's corporate governance through the menu bar About Us, Management, RUPS, GCG Structure, GCG Report, ASEAN Corporate Governance Indicator, Openness and other information that can be accessed on the microsite Integration investor.cimbniaga.co.id . About us: CImb Niaga at a glance; the bank's vision and mission; Ownership and organizational structure of CImb Niaga; CImb group structure; Affiliated Company;. It contains information on the 4 (four) pillars of Corporate Social Responsibility (CSR) led by CImb Niaga namely Education, Community Development and Empowerment, Environment and Philanthropy.
TRAINING AND DEVELOPMENT FOR THE BOARD OF COMMISSIONERS,
BOARD OF DIRECTORS, COMMITTEES, CORPORATE SECRETARY AND
INTERNAL AUDIT UNIT
CIMB Niaga Transaction Banking offers a wide range of products and services for the corporate segment (large corporate and MSME), and for the Bank Financial Institution (FI) & Non-Bank Financial Institution (NBFI) sectors. We look forward to more support and cooperation with PT Bank CIMB Niaga Tbk in the future. We look forward to working more closely with PT Bank CIMB Niaga Tbk in the future.
