OK BANK Indonesia
OK Bank Indonesia with full name PT. Bank Oke Indonesia Tbk is a national private bank resulting from the merger of 2 (two) national private banks, namely PT Bank Dinar Indonesia Tbk (Bank Dinar) and PT Bank Oke Indonesia (OK Bank Indonesia) on July 8, 2019.
On October 25, 2018, Bank Dinar was officially acquired by APRO Financial Co., Ltd (APRO), a large financial institution from South Korea. The acquisition transaction was carried out through the purchase of 77.38% of Bank Dinar's shares.
OK Bank Indonesia itself was previously known as Bank Andara which was founded in 1980 under the name Airline Andil Indonesia Bank Pasar Seri Partha. In 1989 it obtained a license as a commercial bank and in 1997 changed its name to PT Bank Sri Partha which focuses on financing for MSMEs in Bali. After being acquired by a group of shareholders with international reputations, both in the social and banking sectors, on 20 April 2009 it changed its name to Bank Andara after obtaining approval from Bank Indonesia. On 18 November 2016, Bank Andara and APRO signed the deed of acquisition which marked the effectiveness of the acquisition by APRO. The acquisition transaction of Bank Andara was carried out through the purchase of new shares of Bank Andara by 40% and a year after the acquisition, precisely in May 2017, APRO purchased shares from other shareholders so that its ownership became 99%. In August 2017, the name of Bank Andara officially changed to Bank Oke Indonesia and was approved by the Indonesian Financial Services Authority.
OK Financial Group was founded in 1999 in South Korea, is engaged in the consumer finance industry and in 2020 OK Financial Group has become Korea's Leading global service group that continues to expand in the global financial industry such as Saving Banks, capital and consumer finance companies in countries Southeast Asia such as Indonesia and Cambodia, including China.
OK Bank targets its banking services to Individual, Corporate and Financial Institution Customers.
OK Bank Indonesia has reached every level of society as customers, from housewives to professionals, both Indonesian citizens and foreign nationals. For company targets, OK Bank has also reached various types of corporate customers ranging from health service companies, transportation, industry, manufacture, and others to financial service companies such as Rural Banks, Securities and Mutual Funds and Multifinance Companies.
OK Bank Indonesia offers a variety of products ranging from funding such as OK Saving Savings products, OK Saving Parks, OK Bisnis Savings, OK Time Deposit and OK Time Deposit breakable products, as well as Bank Giro products.
OK Bank also offers Bank Loan (Credit) products, both Corporate, Small Medium Enterprise (SME) and retail Loans such as Unsecured Loans (KTA).
In addition to funding products, OK Bank also provides Safe Deposit Box (SDB) services with various SDB sizes and affordable costs, which definitely prioritizes security and convenience for customers.