Pt Bank Woori Saudara Indonesia 1906 Tbk (Indonesia)

PT Bank Woori Saudara Indonesia 1906 Tbk, located in Jakarta, was founded in 1906 as "Himpoenan Saudara" and later changed its name to PT Bank Himpunan Saudara 1906, Tbk. It obtained a license to operate as a Savings Bank in 1955. In 1974, it changed its legal form to a Limited Liability Company under the name PT HS 1906 Savings Bank. The company is engaged in commercial banking services, including collecting funds from the public in various forms such as demand deposit, time deposit, deposit certificate, and saving deposit. Its segments include Pensioner, Employee, Commercial, Treasury, Funding, and Others. The Pensioner segment provides loans to pensioners, while the Employee segment offers loans to government and private employees. The Commercial segment provides loans to commercial debtors. The Treasury segment handles the bank's treasury activities, including money market and investment in placements and securities. The Funding segment manages the bank's funding activities, including third party funds and bonds. The company is also involved in electronic money business activities and issues promissory notes. PT Bank Woori Saudara Indonesia 1906 Tbk offers various commercial banking products and services for individuals and businesses in Indonesia. It provides current and savings accounts, time and demand deposits, employee and franchise loans, micro, small, and medium enterprises loans, and corporate and mortgage loans. The company also offers remittance collection/clearing, ATM, credit card and telephone bill payment, bancassurance, bank mediation, international and Internet banking, state revenue, bonds, and electronic data capture services. It operates as a subsidiary of Woori Bank.