Bank ICB Bumiputera, formerly Bank Bumiputera, was formed in 12 January 1990 as public Bank by AJB Bumiputera 1912, the oldest life insurance company in Indonesia.
Bank had successfully surviving the fluctuation in Indonesia economy. At the height of 1990’s monetary crisis, Bank managed to stay as a healthy A category Bank without the need for recapitalization. This is due to Bank’s ability to manage healthy banking operations based on its good corporate governance.
In 2002, the Bank went public and listed its shares at Indonesia Stock Exchange (IDX) with share abbreviation code ”BABP”.
During 2004-2007, after series of share transfer, ICB Financial Group Holdings (ICBFGH), the holding company of several Banks with global operation in 14 countries, become the major shareholder.
In 2009, with new vision to become Premier Retail Bank, Bank Bumiputera, formally change its name to ”Bank ICB Bumiputera” with new corporate logo and identity.
Bank ICB Bumiputera today continue to grow into a major commercial Bank with aspiration to become the premier retail Bank in Indonesia. With comprehensive products and services catering customer from business to consumer segmen, Bank ICB Bumiputera has nationwide branch network with operation in major cities across Indonesia and with access to the global network of Banks under ICBFGH.
Bank ICB Bumiputera had received several award and recognition such as Trusted Company on Corporate Governance Perception Index in 2010 and the Most Attractive Bank from Warta Ekonomi Magazine in 2011.