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 service.
On 14March2012, Bank Saudara announced a plan to merge with Bank Woori Indonesia, Indonesian subsidiary of Woori Bank of South Korea."Bank Saudara and Woori Indonesia Set to Merge", The Jakarta Globe, 14 December 2012 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.
Board of directors Commissioner
Title NameKomisaris UtamaArief BudimanKomisaris IndependenAhmad FajarpranaKomisaris IndependenAdi Haryadi
Director
Title NameDirektur Utama Kim EungchulDirektur Bisnis SupportEdwin SulaemanDirektur Risiko dan KepatuhanWuryantoDirektur KorporatKim Wook BaeDirektur KonsumerAbdurachman HadiDirektur TI dan Jaringan & Operasi Benny Sudarsono Tan
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Corporate Info