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 aimed at teenagers, on May 13, 2017 during the Labsproject 2017 student art shows at Labschool Jakarta. The event was attended by high school teenagers, the perfect audience for the introduction of a savings account designed specifically for teenagers aged 12 to 17, complete with product features aimed at young people.
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 provides a secure and convenient way to conduct banking transactions for business customers. BizChannel@CIMB for Business prioritizes the security of transactions and customer data while also 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 easily transact without wasting time as the BizChannel@CIMB for Business comes with full cash management features (including money transfer and tax payment), trade finance and special deal rates for online foreign currency purchases. Through BizChannel@CIMB for Business, banking access is available 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
Culture Leverage Information
Technology
PT Bank CIMB Niaga Tbk (formerly PT Bank Niaga) conducted an IPO under Ordinance No. of the Minister of Finance of the Republic of Indonesia. has conducted an IPO under the regulation of the Ministry of Finance of the Republic of Indonesia No.
SHARE HIGHLIGHTS
Throughout 2016 and 2017, CIMB Niaga did not carry out corporate actions such as stock split, reverse stock, stock dividend, bonus shares or change in the nominal value of the shares. The composition of shareholders of CIMB Niaga Auto Finance after the merger amounted to 99.93%, the remaining 0.07% owned by PT Niaga Manajemen Citra.
BOND HIGHLIGHTS
January
March
February
CIMB Niaga CEO Siahaan opened the event and spoke words of appreciation for 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 Hajj agreement between CIMB Niaga and associations (ASPHURINDO and AMPHURI). CIMB Niaga Sharia has expanded its collaboration for Hajj pilgrimage services by signing an agreement with Indonesian Hajj Pilgrimage and In Bound Organizers (ASPHURINDO) on 14 July 2017 at Menara Sentraya, Jakarta and with the Muslim Association for Hajj and Umroh Service of the Republic of Indonesia (AMPHURI). ) on 24 July 2017 at Graha CIMB Niaga, Jakarta.
July
To support promotional activities through integrated marketing efforts, CIMB sponsored Niaga Jalur Rempah, in collaboration with Kompas Group, the largest and most respected media group in Indonesia. CIMB Niaga and Jalur Rempah Nusantara watched the movie together with over 150 CIMB Niaga staff.
August
The film launch took place at a press conference on July 26, 2017 at XXI Lounge Plaza Indonesia attended by 250 media personnel. The Gala premiere of the film was held on July 31, 2017 at XXI Epicentrum Kuningan and was attended by 800 invitees.
29 30 Xtra Xpo
The Extraordinary General Meeting of CIMB Niaga Shareholders was held on 24 August 2017 at Graha CIMB Niaga, Jakarta and was attended by 100 stakeholders. At the meeting, the shareholders approved the changes in the members of the Board of Directors and Commissioners, the changes in the Company's Statute, as well as the review 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 Training for the Media was hosted and opened by Pandji P from 14 to 15 December 2017 at CIMB Niaga Training Centre, Gunung Geulis. Best Performer in Custodian Bank Warta Ekonomi PR Indonesia Awards 2017 Category of Media Relations 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
7 th Annual Net Promoter Customer Loyalty
Award
To be at the forefront of digital banking, we continue to support the intensification
In the opinion of the Board, the Board performed well in the management of CIMB Niaga in 2017. On a more subjective basis, we feel that the Board functions well as a management 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, recording 8.4% growth to Rp.99.5 trillion. CIMB Niaga's CSR programs are focused on activities that have a significant impact on the welfare of the recipients concerned.
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, forex 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 into 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
CIMB Niaga offers commercial and Sharia products and services through CIMB Niaga Sharia Business Unit. As a leading bank in the adoption of information technology, CIMB Niaga has launched the Wave n Go Credit Card.
3 Critical Behaviors
We exist to serve our customers, and we 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, notification letter OJK No.Peng-1/NB.2/017 in accordance with the Termination of the Finance Company's Activity.
Phone Preferred
Director General of Financial Institutions of the Department of Finance of the Republic of Indonesia (April – June 1998). Commissioners, as a member of the Board of Directors, as a member of a Committee, nor other positions.
BOARD OF COMMISSIONERS PROFILES
Has no connection with other members of the Board of Directors, the Board of Commissioners, or the Majority Shareholder or Controlling Shareholder. Affiliations Have no connection with other members of the Board of Directors, the Board of Commissioners, or the Majority Shareholder or Controlling Shareholder.
BOARD OF DIRECTORS PROFILES
Has no connection with other members of the Board of Directors, the Board of Commissioners or the Majority. GWB Post AMS 2017 in Malaysia Has no affiliation with other members of the Council of.
SHARIA SUPERVISORY BOARD’S PROFILES
LARGEST SHAREHOLDERS
SHAREHOLDERS WITH A SHARE OF MORE THAN 5% In 2017, there were no other institutional shareholders with shares of more than 5% of CIMB Niaga shares, except CIMB Group Sdn Bhd, the controlling shareholder of the bank. All members of the Supervisory Board and the Executive Board are required to report their transactions in bank and/or CIMB Group shares within 2 business days.
SHAREHOLDER COMPOSITION
Pefindo) N/A Shelf Registration Bond I Phase I. Bank CIMB Niaga Bond I Year 2011 Series A. CIMB Niaga has developed partnerships with various business partners, domestic and overseas. Partnering with Silverlake application software licensee to support the bank's digital network;.
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, driven mainly by Germany, France and Italy, marked an increase in 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 show relatively strong results compared to many other countries in the world. There are only 16 out of 180 countries in the world that have an output above 1 trillion USD.
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. The growth in lending in 2017 was partly due to construction investments through government-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 ratio of non-performing loans in the Corporate Banking segment to 2.5% in 2017, from 3.1% a year ago. CASA in the Corporate Banking segment reached Rp 17.7 trillion, an increase of Rp 1.8 trillion compared to 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 Treasury and Capital Markets offered a range of products that create added value for clients. In addition, information technology is also used to communicate treasury and capital market products and pricing to all CIMB Niaga branches in real time to provide an even more competitive pricing option.
TRANSACTION BANKING
In 2017, Transaction Banking recorded
Consequently, CIMB Niaga established a special unit, the Financial Institution Group (FIG), to manage clients from the NBFI segment, covering insurance companies, securities companies, pension funds, asset managers and multi-finances, and also clients in the Financial Institution ( FI) segment. This performance was supported by CIMB Niaga business growth in Cash Management, Trade Finance and Value Chain, and Security 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 numerous initiatives by CIMB Niaga to improve performance. We hope that in the future CIMB Niaga will be able to further improve its customer service, especially for BPRs, and to offer 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 register 49,855 Hajj pilgrimage travel accounts, a significant increase compared to the 17,609 accounts in 2016. In addition, CIMB Niaga achieved excellent growth of Sharia home financing by 103.1%, reaching Rp5.4 trillion reached, compared to Rp5.4 trillion. 7 billion in 2016.
PERBANKAN KONSUMER
In 2017, CIMB Niaga succeeded in increasing the productivity of Wealth Management sales and insurance products. Throughout 2017, CIMB Niaga carried out a number 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 of these have provided CIMB Niaga Syariah with the best digital Sharia banking facilities in the industry. In the long run, CIMB Niaga Syariah uses the DBLM as part of the corporate culture.
CIMB Niaga was able to show an improvement in its financial performance in 2017, supported by national economic growth. The financial information has been extracted from the consolidated financial statements of PT Bank CIMB Niaga Tbk and its subsidiary as at December 31, 2017 and for the year then ended, which were prepared by management of Bank CIMB Niaga in accordance with Financial Accounting Standards.
43.0% yoy
In line with the loan growth, CIMB Niaga was able to record 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 corresponding with customer needs.
FINANCIAL PERFORMANCE REVIEW
CIMB Niaga recorded an increase in customer deposits to Rp 8.7 trillion in 2017, or an increase of 4.8% compared to 2016. In 2017, CIMB Niaga recorded deposits from other banks amounting to Rp 6.9 trillion, higher than the position of Rp4 in 2016. 6 trillion.
