Established in 1993, Bank Index is a private Indonesian foreign-exchange licensed bank. The Bank focuses on the SME sector (working capital and investment loans), which comprised 84% of the total number of loans. Bank Index is strategically situated in 22 cities across Java, Sumatra, Sulawesi and Bali. The Bank has total 58 branches – 22 of which are located in Jakarta while the rest are in other major cities. Bank Index is majority owned by Setiawan family, a prominent Indonesian family, whose business interests range from financial services, sugar and flour refinery and property. As of September 2019, Bank Index’s loans and deposit portfolio stood at USD 490 million and USD 505 million respectively.
Location: Indonesia, Jakarta
Employees: 51-200
Total raised: $10M
Founded date: 1992
Investors 1
Date | Name | Website |
- | SBI Ven Ca... | sbivencapi... |
Funding Rounds 1
Date | Series | Amount | Investors |
11.04.2016 | - | $10M | - |
Mentions in press and media 5
Date | Title | Description | Source |
27.03.2024 | Carro posts 67% revenue jump in FY 2023, generates positive ... | Premium Content It takes our newsroom weeks - if not months - to investigate and produce stories for... | techinasia... |
26.04.2022 | Funding Societies, Carro announce investment into Indonesia’... | InvestmentsNewsStartups Aditya Hadi Pratama · 26 Apr 2022 · 2 min readFunding Societies, Carro annou... | techinasia... |
11.04.2016 | SBI Holdings invests $10m in Indonesia’s Bank Index Selindo... | Premium SBI Holdings, Inc Monday said it had completed a $10 million investment into PT Bank Index S... | dealstreet... |
11.04.2016 | SBI Holdings invests $10m in Indonesia’s Bank Index Selindo... | - | sbivencapi... |
17.03.2015 | Creador buys 20% in Indonesian Index Selindo bank for $24m | Premium Indonesia small bank, Index Selindo bank will be getting a $24 million capital injection fro... | dealstreet... |