Bank Woori Saudara

Bank Woori Saudara (formerly known as Bank Saudara) is an Indonesia-based financial institution. Bank Saudara was founded in 1906 by ten merchants of Pasar Baru in Bandung, West Java. The Bank's products and services include savings and checking accounts, fixed deposits, credit loans and other banking services.

PT Bank Woori Saudara Indonesia 1906 Tbk
TypePublic
IDXSDRA
IndustryBanking
PredecessorPerkumpulan Himpoenan Soedara (1906)
Founded1906; 116 years ago (1906) (as Himpoenan Soedara group)
15 June 1974; 48 years ago (1974-06-15) (as a company)
HeadquartersTreasury Tower, Jakarta, Indonesia
Key people
Hwang Gyusoon (President Director)
ServicesFinancial
RevenueIncrease Rp 1.247 trillion (2020)
Increase Rp 536.001 billion (2020)
Total assetsIncrease Rp 38.05 trillion (2020)
Total equityIncreaseRp 7.270 trillion (2020)
Owners
Number of employees
1,455 (2020)
Websitebankwoorisaudara.com
Korean Name
Hangul
Hanja
우리소다라銀行
Revised RomanizationUri Sodara Eunhaeng
McCune–ReischauerUri Sodara ŭnhaeng

On 14 March 2012, Bank Saudara announced a plan to merge with Bank Woori Indonesia, Indonesian subsidiary of Woori Bank of South Korea.[1] PT Bank Himpunan Saudara 1906, Tbk (Bank Saudara) has obtained approval from Bank Indonesia (BI) via an approval letter on December 30, 2013 related to the purchase of 27% (twenty-seven percent) Bank Saudara’s shares by the Woori Bank of Korea and the remaining 6% (six percent) has been approved in advance on April 16, 2013. Earlier this year, Woori achieved one of its long-awaited overseas operation goals ― Indonesia’s central bank approved Woori’s acquisition of a 33-percent stake in Bank Saudara.

Board of directorsEdit

CommissionerEdit

Title Name
Komisaris Utama Arief Budiman
Komisaris Independen Ahmad Fajarprana
Komisaris Independen Adi Haryadi
Komisaris Park Tae Yong

DirectorEdit

Title Name
Direktur Utama Hwang Gyusoon
Direktur Bisnis Support Edwin Sulaeman
Direktur Risiko dan Kepatuhan Sadhana Priatmadja
Direktur Korporat Kang Bong Joo
Direktur Konsumer M. Tri Budiono
Direktur TI dan Jaringan & Operasi Benny Sudarsono Tan

ReferencesEdit

  1. ^ "Bank Saudara and Woori Indonesia Set to Merge", The Jakarta Globe, 14 December 2012

External linksEdit