Bank Jago Profile: History, Track, And Career In Indonesia (2024)

Bank Jago profile is successfully attracting the attention of many people, including Singaporean investors. This bank may not have heard the name too much by most people. But that does not mean that this bank does not benefit its customers.

Bank Jago is one of the financial institutions in Indonesia that provides many attractive offers for customers. The bank, which is headquartered in Indonesia, precisely in Jakarta, finally made many people interested. With all kinds of products it offers, the presence of this bank is considered to provide many advantages.

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Of course, the easy access to the bank and its fast service will make customers satisfied. Services from Bank Jago will further help you in managing your finances appropriately.

Entrusting your finances to Bank Jago will always be the most appropriate thing. It’s not just that your finances have improved. But more than that you will also get a better experience in the world of banking. For further explanation of Bank Jago profile, read the following paragraphs.

History of Bank Jago Profile

Bank Jago Profile: History, Track, And Career In Indonesia (1)

Initially, Bank Jago was an institution that was present under the name PT Bank Artos Indonesia Tbk. This limited liability company was established on May 1, 1992, located in Bandung. The owner of this company is ARTO, Hardy’s family who operates a number of his businesses in the textile sector in West Java.

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Then in 1996, this bank opened a branch office in the capital of the Republic of Indonesia. The company’s shares were also owned by several parties until finally in 2020 the name of this bank changed. In 2020 the name changed to Bank Jago and in 2021 the Jago application appeared.

The presence of the Jago application is making it easier for customers to manage their finances. Then this bank collaborated with one of the platforms which then gave rise to the Jago Pocket feature. The existence of this feature creates a cashless payment method that makes it easier for consumers when shop online. The development of services from this bank indicates its growth.

Investor From Singapore

Bank Jago profile is preparing to get new potential investors. After being bought by Gojek, the shares of the ARTO-coded issuer will this time be bought by GIC (Government of Singapore Investment Corporation Private Limited). An investment fund institution owned by the Singapore government.

GIC will enter the company through a corporate action that will be held next month, namely a rights issue. As reported, ARTO will hold a limited share of public offering II by granting Pre-emptive Rights. Based on the company’s prospectus, ARTO will issue 3 billion new shares worth IDR 100 per share and aim for fresh funds of IDR 7.05 trillion. As a strategic investor, GIC will carry out around 1.19 billion pre-emptive rights.

Products of Bank Jago

Various products from the Bank Jago profile are fully present to serve your needs. Starting from current account and savings service products as well as time deposits and also credit. All product services from this bank come with all their advantages.

Starting from current account products that can be utilized as much as possible and savings that are always needed by the community.

Savings products held by this bank can later help customers to manage their money. Similarly, other products such as current accounts and time deposits. Each product has its function. Moreover, credit products are certainly useful to help you meet any needs. The presence of these various products shows the development of Bank Jago.

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Promotion

Another facility offered by Bank Jago profile to all its customers is an attractive promo that is very profitable. Even the promos that are present sometimes seem to provide gifts for customers from Bank Jago. For example, when you fill out an account, you will get a promo prize of 50 thousand rupiahs.

Not only that, but promo offers also come in other forms. You can also get cashback promos at certain times or moments. Moreover, when you connect this bank with other merchants, you will get cashback as well. The use of a debit card will also give you cashback so this is quite profitable.

Bank Jago Profile: History, Track, And Career In Indonesia (2)

Bank Jago Syariah

For those of you who prefer sharia programs, you don’t need to worry when managing finances at Bank Jago. Because this bank also offers sharia programs for all of you.

The sharia programs come following sharia principles. Each transaction will also take place under sharia principles. Therefore, you can run transactions more securely and comfortably.

The contract that occurs in the transaction process will also occur digitally so that the steps are practical and fast and easy. The existence of this sharia program is interesting for many people. No wonder the presence of Bank Jago is now increasingly being looked at and in demand by the public.

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Bank Jago Profile: History, Track, And Career In Indonesia (3) Bank Jago Profile: History, Track, And Career In Indonesia (4)

The Bank Jago profile listed above will certainly increase your interest in opening an account immediately. By opening an account at this bank, you can get some benefits. You will manage your finances well through product services from Bank Jago. In addition, you will also be able to make transactions quickly. Because transactions can be done using digital media too.

Bank Jago Profile: History, Track, And Career In Indonesia (2024)

FAQs

Where is Bank Jago from? ›

PT Bank Jago Tbk is an Indonesia-based banking company. It offers various banking products and services that are categorized into funding and lending activities, along with other supporting banking services.

What is jago Indonesia? ›

Bank Jago is a life finance solutions provider supervised by Bank Indonesia and OJK. Bank Jago helps you save & send money, top up e-Wallet (e.g GoPay), pay bills, request money from your friends, anytime and anywhere you like.

How many people in Indonesia have bank accounts? ›

In 2021, 51 percent of respondents in Indonesia owned an account at a financial institution. The same survey also stated that 76 percent of individuals worldwide owned an account at a bank or a regulated institution like a credit union, a microfinance institution, or a provider that offers mobile money services.

What is the banking system in Indonesia? ›

Indonesia's banking sector is dominated by state-owned banks and has rebounded pretty well from the doldrums of the Asian Financial Crisis. The three largest state-owned banks in the country are Bank Mandiri, Bank Rakyat Indonesia and Bank Negara Indonesia.

What ethnicity is Jago? ›

Jago is a masculine name of Spanish and Cornish origin.

Is Jago a digital bank? ›

If you open an account at Bank Jago, a digital bank in Indonesia, you can enjoy worry-free transactions through the Jago application.

What is the history of Jaggo? ›

Jaggo literally translates to “wake-up” and this event would have historically happened by alerting the village at night about the upcoming wedding. The women are then greeted with cha and barfi, assorted Indian sweets, and dance around as many homes throughout the night.

What is the meaning of Jago in English? ›

जागो जागो = WAKE UP(Noun)

What is the richest community in Indonesia? ›

The 10 Richest Provinces in Indonesia
  • The Greater Jakarta. Source: Kompas.com. ...
  • West Java. Source: CNN Indonesia. ...
  • East Java. After West Java, come next is East Java, the third most prosperous province. ...
  • Central Java. Central Java is the fourth most prosperous province in Indonesia. ...
  • Papua. ...
  • Aceh. ...
  • North Sumatra. ...
  • Banten.

What are the big 4 banks in Indonesia? ›

Indonesia
  • Bank Rakyat Indonesia (BRI)
  • Bank Mandiri.
  • Bank Central Asia (BCA)
  • Bank Negara Indonesia (BNI)

What is the most popular bank in Indonesia? ›

Top 20 Banks in Jakarta
  • Bank Central Asia (BCA) Safe to say that BCA is Indonesia's greatest bank, as it sits at the top of this list. ...
  • DBS Bank Indonesia. ...
  • Bank Mandiri. ...
  • United Overseas Bank (UOB) ...
  • Bank Syariah Indonesia (BSI) ...
  • Citibank. ...
  • Bank Jago. ...
  • BCA Syariah.

What is the second largest bank in Indonesia? ›

PT Bank Mandiri Tbk

What banks are owned by the government in Indonesia? ›

Entities
  • PT Bank Mandiri (Persero) Tbk.
  • PT Bank Tabungan Negara (Persero) Tbk.
  • PT Bank Syariah Indonesia Tbk.
  • PT Bank Rakyat Indonesia (Persero) Tbk.
  • PT Bank Negara Indonesia (Persero) Tbk.
Mar 9, 2023

Who regulates banks in Indonesia? ›

OJK performs its regulatory and supervisory duties over financial services activities in banking, capital markets, and non-bank financial industries sectors.

What are the key banks in Indonesia? ›

List of Banks in Indonesia
  • State-owned banks. Bank Mandiri. Bank Negara Indonesia (BNI) ...
  • Regional-owned banks. Bank BPD Bali. Bank BPD DIY. ...
  • Private banks. Bank ANZ Indonesia. Bank Artha Graha Internasional. ...
  • Foreign banks. Bangkok Bank. ...
  • Government-owned sharia banks. Bank BNI Syariah. ...
  • Private sharia banks. Bank BCA Syariah.

Where is banks the artist from? ›

Jillian Rose Banks was born on June 16, 1988, in Orange County, California. Banks moved to Los Angeles when she was one or two years old and lived in Tarzana, an affluent neighborhood in the San Fernando Valley.

Who is Jago in Nigeria? ›

Rahman is a famous musician and one of Nigeria's big boys. Rahman Jago is one of the original creators of the famous leg work dance, alongside Zlatan Ibile. His first track which was a street jam is “Ijo Ope”, where he featured Zlatan Ibile and produced by Rexxie.

Where was bank of Dave from? ›

The film is based on the real-life experiences of Dave Fishwick. It follows the story of a Burnley self-made millionaire who struggles to set up a community bank to help the town's local businesses to thrive.

Who is the owner of Aruba Bank? ›

Today, Aruba Bank is fully owned by Orco Group.

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