It presents complete and detailed information regarding CIMB Niaga's implementation of corporate governance in accordance with applicable regulations and standards. Board of Commissioners and Board of Directors Regarding Responsibility for the Annual Report 2017 PT Bank CIMB Niaga Tbk.
ATMs
IICD
Sharia Banking
Corporate Banking
Rp 69.60 trillion
Commercial Banking
Rp 31.91 trillion
SME Banking
Rp 27 trillion
Rp 32.9 trillion108.5%
- million
Treasury and Capital Market
Consumer Banking
GO MOBILE
CIMB Niaga launched Indie Account, a savings product dedicated to the teenagers, during the Labsproject 2017 student art performances at Labschool Jakarta High School on 13 May 2017. Teenage students from the high school attended the event, a perfect audience to create a introducing savings. account specially designed for teenagers between the ages of 12-17, complete with product features that cater to the young.
INDIE
ACCOUNT
In November 2017, CIMB Niaga launched The New Go Mobile, its mobile banking offering customers a convenient way to transact anytime, anywhere through their smartphones. The New Go Mobile's extensive features are designed to meet the needs of today's banking behavior, which is leaning towards digital banking, as well as harmonized CIMB Niaga's ambition to become the leading digital banking institution in Indonesia.
THE NEW
To support its business customers in 2017, CIMB Niaga launched BizChannel@CIMB for Business, an online banking solution that offers a secure and convenient way to conduct banking transactions for business customers. BizChannel@CIMB for Business prioritizes the security of transactional and customer data while providing a convenient way to transact.
BIZCHANNEL@CIMB
BizChannel@CIMB for Business also provides the flexibility to choose the number of users and workflows for transactions, with the option of 1-tier workflow (single user) or 2-tier workflow (Maker and Approver). Now, with BizChannel@CIMB for Business as designed to meet the needs of business customers and entrepreneurs, BizChannel@CIMB is ready to support the growth of businesses and enterprises.
INITIATIVES
Business customers can carry out a transaction conveniently without wasting time as BizChannel@CIMB for Business comes with complete features for cash management (including money transfer and tax payment), trade finance and special offer rates for online currency purchases. Via BizChannel@CIMB for Business, banking access is available from anywhere, anytime using the secure mobile token authentication method (no more fear of being left behind).
Playing to Our Strengths
Expanding CASA Franchise
Discipline in Cost Management
Preservation of Capital and
CultureLeverage Information
Technology
PT Bank CIMB Niaga Tbk (formerly PT Bank Niaga) conducted an Initial Public Offering under Regulation no. of the Minister of Finance of the Republic of Indonesia. Meanwhile, PT Bank Lippo Tbk, which was merged into PT Bank CIMB Niaga Tbk, effective November 1, 2008, conducted an Initial Public Offering pursuant to the Regulation of the Ministry of Finance of the Republic of Indonesia No.
SHARE HIGHLIGHTS
In an additional move, also in 2016, CIMB Niaga executed a bond redemption namely from Shelf Registration Bonds I Bank CIMB Niaga Phase II Year 2013 Series B of Rp. In addition, in 2017, CIMB Niaga performed the repayment of the principal amount of the Subordinated Bond I Bank CIMB Niaga Year 2010 of Rp.
BOND HIGHLIGHTS
January
March
February
Siahaan, CEO of CIMB Niaga opened the event and offered words of appreciation to the traders. Siahaan, CEO of CIMB Niaga opened the event and during the event, CIMB Niaga launched a new OPeRA logo.
April
EVENT HIGHLIGHTS
June
Signing of agreement for the Hajj pilgrimage between CIMB Niaga and the associations (ASPHURINDO and AMPHURI). CIMB Niaga Sharia expanded its cooperation for Hajj Pilgrimage services by signing the agreement with the Indonesian Hajj Pilgrimage and In Bound Organizers (ASPHURINDO) on 14 July 2017 in Menara Sentraya, Jakarta and with the Moslem Association For Hajj and Umroh Service Republic of Indonesia (AMPHURI ) in 24 July 2017 at Graha CIMB Niaga, Jakarta.
July
To support promotional activities through integrated marketing efforts, CIMB Niaga sponsored Jalur Rempah, in collaboration with Kompas Group, the largest and most reputable media group in Indonesia. CIMB Niaga and Jalur Rempah Nusantara watched the film together with more than 150 CIMB Niaga staff.
August
The presentation of the film took place at a press conference on July 26, 2017 at the XXI Lounge Plaza Indonesia, which was attended by 250 media representatives. The premiere of the film was held on July 31, 2017 at XXI Epicentrum Kuningan and was attended by 800 invitees.
29 30 Xtra Xpo
CIMB Niaga's Extraordinary General Meeting was held on 24 August 2017 at Graha CIMB Niaga, Jakarta and was attended by 100 stakeholders. At the meeting, the bank announced the approval of the changes of board and commissioner members, changes to the company's articles of association and revision of the approval of the share buyback plan.
September
October
November
The 2017 CIMB Niaga Namaste Festival was opened with a press conference on 10 November 2017 at the Sultan Hotel and was attended by Tigor M. The media education event provided two days of information on Sharia banking in general and CIMB Niaga Sharia products.
December
CIMB Niaga Sharia Banking Media Training was conducted from 14 – 15 December 2017 at CIMB Niaga Training Center, Gunung Geulis and opened by Pandji P. Best Performance in Custodian Bank Warta Ekonomi PR Indonesia Awards 2017 Media Relations Category Sub Category of Private National Company Tbk.
AWARDS AND CERTIFICATION
Indonesia Best Banking Brand Award 2016
Indonesia Best
Corporate Image Award 2017
Global Finance Best Trade Finance Providers
7th Annual Net Promoter Customer
SIMPLY CREATE IT
To be at the forefront of digital banking, we continue to support the intensification
In the opinion of the Board of Commissioners, the Board of Directors performed well in the management of CIMB Niaga in 2017. On a more subjective basis, we do feel that the Board of Directors works well as a leadership team, despite being a mix of people promoted internally and.
REPORT OF THE BOARD OF COMMISSIONERS
ASSESSMENT OF THE COMMISSION'S PERFORMANCE AND THE FREQUENCY AND METHODS OF ADVISING THE BOARD OF DIRECTORS. In 2017, the Board of Commissioners held seven meetings and five joint meetings with the Board of Directors.
CIMB Niaga continues to expand its franchise in the area where we have
REPORT OF THE BOARD OF DIRECTORS
CIMB Niaga continues to improve its CASA ratio and recorded an increase of 8.4% to Rp 99.5 trillion. CIMB Niaga's CSR programs are focused on activities that have a significant impact on the welfare of the respective recipients.
Company Name
Line of Business
Date of Establishment
Legal Basis of Establishment
Authorized Capital
Issued and Fully Paid Capital
Stock Exchange
Stock Listing
Stocks and Bonds Code
2017 Shareholder Composition
Change of Name
ISIN Code
SWIFT Code
Merger History
Address of Head Office
Subsidiaries’ Data
2017 Office Network
Total Employees in 2017
Total Assets in 2017
CIMB Niaga has obtained the license as a commercial bank, foreign exchange bank and Sharia bank based on the decision of the Ministry of Finance of the Republic of Indonesia. Approval of the merger of PT Bank Lippo Tbk to PT Bank CIMB Niaga Tbk", as well as the Ministry of Justice and Human Rights of the Republic of Indonesia Letter no.
CIMB NIAGA AT A GLANCE
As of the end of 2017, CIMB Niaga is the fifth largest bank in Indonesia with total assets of Rp 266 trillion with a market capitalization of Rp 34 trillion. As a leading bank in the adoption of information technology, CIMB Niaga launched the Wave n Go credit card.
3 Critical Behaviors
We exist to serve our customers and sell products and services that our customers understand and value. We respect different cultures, value different perspectives and recognize diversity as a source of strength.
Logo
The official logo of CIMB Niaga consists of 2 main elements, namely the logomark and the logotype, the two elements of which are an integral logo, inseparable.
Business Activities Pursuant to Articles of Association
PRODUCTS AND SERVICES
Business Activities Conducted in 2017
CIMB Niaga Products and Services
Corporate Group Structure
Vision
Mission
Profile
Board of Directors
PT CIMB Niaga Auto Finance
Management of PT CIMB Niaga Auto Finance
Frozen on January 4, 2017, Notice Letter OJK No.Peng-1/NB.2/017 in accordance with Termination of Financing Company's Activity.
Phone Preferred
Head of the Assistance Team of the Ministry of Finance for Restructuring the Financial Sector, Department of Finance of the Republic of Indonesia. Director General of Financial Institutions of the Department of Finance of the Republic of Indonesia (April – June 1998).
BOARD OF COMMISSIONERS PROFILES
He is not related to other members of the board of directors, the board of commissioners, nor to the majority or controlling shareholder. Connections He is not connected to other members of the board of directors, the board of commissioners, nor to the majority or controlling shareholder.
BOARD OF DIRECTORS PROFILES
It has no connection with the other members of the Board of Directors, the Board of Commissioners, nor with the majority. GWB Post AMS 2017 in Malaysia has no affiliation with other Board members of.
SHARIA SUPERVISORY BOARD’S PROFILES
LARGEST SHAREHOLDERS
SHAREHOLDERS HOLDING MORE THAN 5% In 2017, there was no institutional shareholder holding more than 5% of CIMB Niaga shares, except for CIMB Group Sdn Bhd, which is the controlling shareholder of the company. All members of the Board of Directors and the Board of Directors must declare their dealings in banking and/or CIMB Group shares within 2 working days.
SHAREHOLDER COMPOSITION
AAA (Fitch) Shelf Registration Bond II Phase I. Pefindo) AAA (Pefindo) Shelf Registration Bond II Phase II. Partnership with the software licensee for Silverlake applications in support of the Bank's digital network;.
LIFE’S GREATEST BLESSING IS A FAMILY FULL OF LOVE
In the US, strengthening domestic consumption and the labor market suggest that the US economic recovery is continuing. Economic growth in the Eurozone during 2017, mainly driven by Germany, France and Italy, saw increased public consumption, credit growth and productivity, which strengthened the Euro.
The world economy was a relatively stronger in 2017. Where in the US show that their economic
Countries in the ASEAN region also continue to perform relatively well compared to many other countries around the world. Only 16 of the world's 180 countries have an output above USD 1 trillion.
MACRO ANALYSIS AND BANKING INDUSTRY
In total, the five economic sectors together contributed 25% to GDP and were the main drivers of the economy in 2017. Loan growth in 2017 was driven, among other things, by construction investments via state-sponsored infrastructure projects.
CORPORATE BANKING
In 2017, Corporate Banking continued to grow in the face of tight competition and a
Through these strategic initiatives, CIMB Niaga managed to reduce the proportion of bad loans in the corporate banking segment to 2.5% in 2017, down from 3.1% the previous year. CASA in the corporate banking segment was Rp 17.7 trillion, an increase of Rp 1.8 trillion from Rp 15.9 trillion in the previous year.
TREASURY AND CAPITAL MARKET
As one of the pioneers of digital banking in Indonesia, CIMB Niaga creates digital
In 2017, CIMB Niaga's Treasury and Capital Market offered a range of products that create added value for clients. In addition, information technology is also used to inform Treasury and Capital Markets products and pricing on a real-time basis to all CIMB Niaga branches, to provide an even more competitive pricing option.
TRANSACTION BANKING
In 2017, Transaction Banking recorded
Accordingly, CIMB Niaga has established a dedicated unit, the Financial Institution Group (FIG), to manage NBFI segment clients, including insurance companies, securities companies, pension funds, asset managers and multifinance, as well as financial institution clients. (FI) segment. This performance was supported by the growth of CIMB Niaga's activities in Cash Management, Trade Finance and Value Chain, and Securities Services products.
COMMERCIAL BANKING
This growth led to a higher contribution of Commercial Bank loans to CIMB Niaga's total loans increasing to 17.2% in 2017 compared to 16.6% in 2016. This is in line with CIMB Niaga's strategy and focus on working capital loans .
MSME BANKING
In 2017, MSME Banking implemented
SME Banking
This increase was the result of several initiatives undertaken by CIMB Niaga to improve performance. We hope that in the future, CIMB Niaga will be able to improve its services to customers even more, especially for BPRs, as well as provide more competitive interest rates.
Micro Linkage
In terms of customer deposits, MSME Banking will continue to focus on CASA for portfolio growth. MSME Banking will also continue to improve operational cost efficiency through cost control management and smart spending policies.
CONSUMER BANKING
Strategies and policies were applied in Consumer Banking in order to build
In 2017, CIMB Niaga managed to record 49,855 Hajj pilgrimages, a significant increase from the 17,609 accounts in 2016. In addition, CIMB Niaga achieved an outstanding growth of 103.1% Sharia home financing, reaching Rp 5.4 trillion . 7 trillion in 2016.
PERBANKAN KONSUMER
In 2017, CIMB Niaga managed to increase the sales productivity of Wealth Management and insurance products. Throughout 2017, CIMB Niaga carried out a series of activities to realize the Customer Experience focus.
SHARIA BANKING
In the course of the year 2017, CIMB Niaga Sharia focused on a more prudent policy
All these have provided CIMB Niaga Syariah with the best digital Sharia banking services in the industry. In the long term, CIMB Niaga Syariah uses DBLM as part of the corporate work culture.
CIMB Niaga was able to show improvement in its financial performance in 2017, supported by national economic growth. The financial information is taken from the consolidated financial statements of PT Bank CIMB Niaga Tbk and Subsidiary as of December 31, 2017 and for the year then ended, prepared by Bank CIMB Niaga's management in accordance with Financial Accounting Standards.
43.0% yoy
In line with lending growth, CIMB Niaga recorded a 2.6% increase in net interest income, reaching Rp 12.4 trillion in 2017. CIMB Niaga will continue to focus on improving the quality of services that meet customer needs.
FINANCIAL PERFORMANCE REVIEW
CIMB Niaga recorded an increase in customer deposits of Rp 8.7 trillion in 2017, or an increase of 4.8% compared to 2016. In 2017, CIMB Niaga recorded deposits from other banks of Rp 6.9 trillion, which is more than in 2016, when it was Rp. 4. 6 trillion.
