Tempo Media Group, in collaboration with the Indonesia Banking School, held the annual Indonesia Banking Award (IBA) to recognize Indonesian banks with the best performance in 2015.
The IBA this year featured an award for the best bank in remuneration and a new award for a sharia business unit. Banks with the best performance in Indonesia were given awards in six categories, namely the most efficient bank, the most reliable bank, diversity of the board, the best bank in retail banking services, the best bank in productivity, and the best sharia business unit.
The most reliable bank award in the national conventional bank category with a total asset of above Rp 100 trillion (US$7.6 billion) was given to Bank Central Asia (BCA), Bank Rakyat Indonesia (BRI), Bank Negara Indonesia (BNI) and Bank Mandiri. For conventional banks with a total asset value of Rp 50 trillion (US$3.8 billion)-Rp 100 trillion, the award was given to OCBC NISP and Bank BTPN. In the sharia bank category, the award was granted to BRI Syariah, Syariah Bukopin and BNI Syariah.
The best bank in productivity award for conventional banks went to Panin Bank, Bank Jasa Jakarta, KEB Bank Hana, and regional development banks (BPD), i.e. Bank Jatim, Bank Sulteng, and Bank BJB.
The best sharia business unit award went to BPD commercial banks, namely Bank Kalbarl, BPD DIY, Bank NTB, and Bank Jambi. In the non-BPD category, the award was given to Maybank Indonesia, CIMB Niaga, OCBC NISP, and Bank BTN. In addition, the diversity of the board award went to Bank Mandiri, BNI, and BCA.
The most efficient bank went to BPDs with a total asset value of above Rp30 trillion (US$2.3 billion), namely Bank Jateng, bank Jatim, and Bank BJB. The award for BPDs with a total asset value of Rp10 trillion (US$769 million)-Rp30 trillion went to Bank Kalbar, Bank SulSelBar, Bank Aceh, Bank Papua, and Bank BPD Bali. In the category of BPD with a total asset of below Rp 10 trillion, the award was won by BPD DIY, Bank Lampung, Bank Sulteng, Bank NTT, and Bank Sultra.
Conventional banks with a total asset value of above Rp 100 trillion granted with the best bank in retail banking services award were Bank Mandiri, BCA, BNI, BRI and Danamon. For conventional banks with a total asset value of Rp 50 trillion-Rp 100 trillion, the award went to OCBC, NISP and Bank BTPN.
Bank Jatim, Bank Jateng and Bank BJB bagged the Best Bank in Retail banking services award in the category of BPDs with a total asset value of above Rp 30 trillion. In the category of BPDs with a total asset value of Rp 10 trillion-Rp 30 trillion, the award went Bank Riau Kepri, Bank Nagari, and Bank Sulselbar. In the category of BPDs with a total asset value of below Rp 10 trillion, Bank Maluku, Bank NTB and Bank Sulteng had been awarded with the title.
The IBA was held at Hotel JS Luwansa in Kuningan, Jakarta, on Wednesday, September 7, 2016. Attending the event was Financial Services Authority (OJK) deputy chairman Nelson Tampubolon, Deposit Insurance Corporation (LPS) executive director, Bank Indonesia (BI) deputy governor Hendar Harahap, and Tempo Media Group president director Bambang Harimurti.