What Bank Jateng does

Bank Jateng (PT Bank Pembangunan Daerah Jawa Tengah) is a regional development bank (BPD) wholly owned by the Central Java Provincial Government, headquartered in Semarang and operating across Central Java, Yogyakarta, and Jakarta. The bank provides comprehensive retail, MSME, corporate, and government banking services through a multi-channel distribution network comprising 44 branches, 150 sub-branches, 416 payment points, 50 cash offices, 8 sharia branch outlets, and 834 ATMs, supplemented by Bima Mobile, Internet Banking, EDC terminals, and a Cash Management System for enterprise clients.

Its core product portfolio centers on Tabungan BIMA savings accounts (with BIMA Platinum and Simpeda variants), three tiers of BPD Card debit cards (Silver/Gold/Platinum) integrated with the national GPN payment gateway, Deposito Max time deposits, and Kredit Usaha Rakyat (KUR) — the bank's flagship micro and SME lending program through which approximately Rp29.7 trillion has been channeled to more than 1 million MSME borrowers since 2013. Additional offerings include ORI030 retail bond distribution, multi-currency foreign exchange services (USD, JPY, MYR, CNY, KRW), a Whistleblowing System, and an AI-assisted Early Warning System for fraud detection within its Internal Audit Unit. The bank's technology layer integrates QRIS payments, biometric authentication on Bima Mobile, and interbank transfers via the Prima and Bersama networks.

Bank Jateng generates revenue primarily through interest income from its lending book (KUR and corporate credit), supplemented by transaction fees on ATM, card, and digital banking services, placement fees from government bond distribution (ORI), and foreign exchange spreads on corporate currency transactions. Prime lending rates (SBDK) range from 7.77% to 8.21% by customer segment, and promotional deposit rates reach 5.25% for Rp5 billion+ tenors under the Deposito Max program. As of end-2025, the bank reported total assets of Rp100.06 trillion and operating profit of Rp1.42 trillion, up from Rp30.70 trillion in assets in 2013.

Name

Bank Jateng

Legal name

PT Bank Pembangunan Daerah Jawa Tengah

Website

https://bankjateng.co.id

Company type

Private

Founded year

1963

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Bank Jateng is a Central Java provincial government-owned regional development bank (BPD) offering retail, MSME, corporate, and government banking services through 44 branches and 834 ATMs across Central Java, with flagship KUR lending to over 1 million entrepreneurs and Rp100 trillion in total assets.

Ownership category

akta.pro rank

Product category

Regional Banking Services

NAICS

Commercial Banking (522110), Commercial Banking (52211), Depository Credit Intermediation (5221)

SIC

State Commercial Banks (6022), Functions Related To Depository Banking, Nec (6099)

akta.pro primary industry

SME Cash Management & Payments (Merchant, ACH/Wires, Payroll) (FSABABAD)

akta.pro secondary industry

Loan Operations & Servicing (Consumer/SME/Corporate) (FSABALAD)

Keywords

• Regional development banking
• Savings and deposits
• Micro lending services
• Digital banking platform
• Government banking services

Headquarters

HQ city

Semarang

HQ country

Indonesia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Interest Income from Lending: Primary revenue stream from interest on loans and credit facilities. As one of the largest KUR (People's Business Credit) distributors in Indonesia, the bank generates significant interest income from SME lending. Prime lending rates range from 7.77% to 8.21% depending on customer segment.
2. Transaction and Fee-Based Income: Fees from ATM transactions, transfers, card administration, bill payments, and digital banking services. Income from payment channel services including QRIS transactions, internet banking, and mobile banking transactions.
3. Government Bond Distribution (ORI): Distribution of government retail bonds (ORI030) to individual investors through the bank's digital platform, earning placement fees and potentially cashback incentives from government.
4. Forex and Foreign Currency Services: Foreign currency transaction services for corporate clients and investors, handling transactions in USD, JPY, MYR, CNY, and KRW as a licensed foreign exchange bank.

Pricing tiers

Go-to-market motion2 records

Distribution channels7 records

Marketing channels5 records

Core offering

Bank Jateng is a regional development bank (Bank Pembangunan Daerah Jawa Tengah) that provides retail banking services (Tabungan BIMA savings, BPD Card debit cards, mobile and internet banking), SME lending through the KUR (People's Business Credit) program, government banking (treasury and payroll), and corporate services including multi-currency foreign exchange (USD, JPY, MYR, CNY, KRW) and Cash Management System solutions. Operations span 44 branches, 150 sub-branches, 416 payment points, 834 ATMs, and digital channels across Central Java, Yogyakarta, and Jakarta.

Product overview

Bank Jalisco operates as a regional development bank (Bank Pembangunan Daerah) providing comprehensive banking services through a multi-channel platform architecture. The core product ecosystem centers on Tabungan BIMA savings accounts (including BIMA Platinum and Simpeda variants) with associated BPD Card debit cards (Silver, Gold, Platinum tiers), supported by digital banking channels including Bima Mobile (mobile app) and Internet Banking. Lending products include Kredit Usaha Rakyat (KUR) as a major SME financing program and Personal Loan (PLO) offerings. The bank offers Deposito Max term deposits and Saveduit savings lock-up programs linked to promotional events. Digital payment services include QRIS-based Bima QR scanning, Cardless Withdrawal, and Bima Virtual accounts. The bank's service network spans 44 branches, 150 sub-branches, 416 functional offices, and 834 ATMs throughout Central Java with additional presence in Yogyakarta and Jakarta.

Differentiator

Problem solved

Functional benefit

Products and services

• Tabungan BIMA

Quantifiable outcome

• Total assets grew from Rp30.70 trillion (2013) to Rp100.06 trillion (end 2025)
• +3 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration13 records

AI capability3 records

Feature5 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Government of Central Java (Provinsi Jawa Tengah)coreStrategic or Co-development PartnerBank jateng serves as the regional development bank owned by Central Java Provincial Government. Governor Ahmad Luthfi actively supports the bank's role in investment facilitation and regional economic development through Business Dinner forums with investors.
• Sendang Kun Gerit Tourism Village (BUMDes)minorStrategic or Co-development PartnerCSR partnership supporting tourism village development through QRIS payment infrastructure, infrastructure grants (pendopo construction), and financial advisory. The village achieves 20,000 monthly visitors with 1,069 local community investors.
• Bank Indonesia (GPN - National Payment Gateway)coreTechnology or IntegrationIntegration with Gerbang Pembayaran Nasional (GPN) national payment system enabling BPD Card transactions across all domestic payment channels (Prima, Bersama) with standardized security features and interoperability.
• Ministry of Finance / Government of Indonesia (ORI Distribution)minorStrategic or Co-development PartnerAuthorized distributor of government retail bonds (ORI030) offering 6.90%-7.00% p.a. fixed rate to retail investors. Earns placement fees and provides cashback promotions to customers.
• Harian KompasminorGTM or Marketing PartnerMedia partnership for Bank jateng Borobudur Marathon event, now in its 10th year. Joint event organization with Borobudur Marathon Foundation, expecting 12,500 runners in 2026.
• Yayasan Borobudur MarathonminorGTM or Marketing PartnerCo-organization of Bank jateng Borobudur Marathon event with foundation chair Liem Chie An. Includes Bank jateng Pawone MSME support and Bank jateng Young Talent athlete development programs.

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

Emerging players

• Bank Jago: Indonesia-focused digital bank built on a strong technology stack and ecosystem partnerships; represents the emerging fintech/digital threat to traditional BPDs like Bank Jateng in retail and MSME digital banking segments.

Direct peers

• BTPN (Bank Tabungan Pensiunan Nasional): Indonesian commercial bank focused on mass-market, micro, and pensioner segments — closely comparable to Bank Jateng's MSME and lower-mass-market customer focus, with similar digital transformation trajectory.
• Bank DKI: Regional development bank of Jakarta, comparable as another Indonesian BPD offering commercial banking, government banking, MSME lending, and digital services under similar regulatory and ownership frameworks.
• Bank BPD DIY: Regional development bank of Yogyakarta (DIY), operating in a market that Bank Jateng also serves. Closely comparable in charter, product mix, and government-linked deposit/lending franchise.
• Bank BJB (Bank Jawa Barat dan Banten): Regional development bank (BPD) of West Java and Banten provinces — the closest direct peer to Bank Jateng as both are Indonesian provincial BPDs with similar business models, MSME/KUR focus, and government ownership structures.
• Bank Jatim (Bank Jawa Timur): Regional development bank of East Java — directly comparable BPD peer with similar KUR distribution scale, government ownership, MSME focus, and regional concentration model in an adjacent Javanese province.

Broad incumbents

• Bank BCA: Indonesia's largest private commercial bank by market cap, with dominant retail transaction banking and digital channels. Competes with Bank Jateng for retail customers and deposits in Central Java and Jakarta.
• Bank Mandiri: Largest Indonesian bank by assets, with significant corporate banking, government banking, and treasury operations that overlap with Bank Jateng's corporate and government segments, though at much larger scale and national reach.
• Bank BRI (Bank Rakyat Indonesia): Largest MSME-focused bank in Indonesia with massive KUR distribution scale; competes directly with Bank Jateng in the MSME lending segment but operates nationally and as a publicly listed commercial bank with a far larger balance sheet.
• Bank BNI: Major Indonesian state-owned commercial bank offering retail, MSME, corporate, and government banking services that broadly overlap with Bank Jateng's portfolio, serving as a national incumbent competitor.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/bank_jateng
• YouTubeyoutube.com/@bank_jateng
• Facebookfacebook.com/bankjatengku
• Instagraminstagram.com/bankjateng
• TikToktiktok.com/@bank_jateng
• LinkedInlinkedin.com/company/bank-jateng

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bank Jateng