PT. BPR Dana Raya

What PT. BPR Dana Raya does

PT. BPR Dana Raya is an Indonesian Bank Perkreditan Rakyat (people's credit bank / rural bank) headquartered in Manado, North Sulawesi, founded by notarial deed in October 2009 and operational since 22 March 2010 under a Bank Indonesia operating license. The bank specializes in pensioner banking, having served as an official Mitra Bayar (pension payment agent) and Mitra Layanan / Office Channeling partner of PT Taspen (Persero) since 2011, and also extends credit to ASABRI military and police pensioners. Its product portfolio is intentionally narrow: Kredit Pensiun (pre-pension, regular, platinum, and top-up variants with a Rp 400 million maximum plafond and 20-year tenor), Deposito Dana Raya (1–12 month time deposits with ARO), Tabungan Dana Flexi (tiered savings at 4–5%), and Tabungan Dana Raya (basic savings at 4%).

The bank runs a 10-branch physical network spanning North Sulawesi (Manado, Karombasan, Melonguane, Kotamobagu, Tomohon, Amurang, Airmadidi, Tahuna), Sidoarjo (East Java), and Cibubur (West Java / Bogor), with the Java footprint added via a January 2026 merger that absorbed the former sibling entities PT BPR Dana Raya Jawa Timur and PT BPR Dana Raya Jakarta. Technology infrastructure is standard banking stack augmented by PT Taspen's Smart Card with biometric / voice authentication, the Taspen Otentikasi mobile application for pensioners, the e-Klim online claims platform, and a Whistleblowing System (WBS) — none of which constitutes proprietary AI/ML. As of the latest disclosed balance sheet (August 2016), total assets were Rp 262.5 billion with a 0.18% NPL, 6.82% ROA, 14.95% CAR, and a 68.86% BOPO efficiency ratio; the institution has since moved into OJK's Rp 500 billion–under Rp 1 trillion asset category (2021–2025).

Revenue is generated predominantly through three streams: net interest income from Kredit Pensiun (the dominant asset class, funded in part by Maybank since December 2025), net interest spread on mobilized third-party funds (Tabungan and Deposito), and transaction fees from PT Taspen for Mitra Bayar pension disbursement and authentication services. The customer base is overwhelmingly retail and government-pensioner weighted (approximately 1,800 Taspen pensioners served in North Sulawesi alone as of 2018, plus broader ASABRI reach), with no disclosed enterprise or SME credit portfolio of meaningful scale. GTM is sales-led through the branch network, reinforced by referral and co-marketing arrangements with PT Taspen (Persero), Bank Banjarmasin, Bank Saqu Indonesia, Bank Mandiri Taspen, Maybank, and the Government of Kabupaten Minahasa.

Name

PT. BPR Dana Raya

Legal name

PT. BPR Dana Raya

Website

https://bprdanaraya.co.id

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

51–100 employees

Short description

PT. BPR Dana Raya is an Indonesian rural credit bank (BPR) headquartered in Manado, North Sulawesi, specializing in Taspen and ASABRI pensioner banking. It offers pension credit, deposits, and savings through a 10-branch network across Sulawesi, East Java, and West Java.

Ownership category

akta.pro rank

Product category

Rural Retail Banking (Bank Perekonomian Rakyat)

NAICS

Depository Credit Intermediation (5221)

SIC

State Commercial Banks (6022)

akta.pro primary industry

Retirement & Pension Wealth (401(k)/IRA/SIPP/Superannuation Retail) (FSAAAAAJ)

Keywords

• Pension credit lending
• Rural retail banking
• Pension payment services
• Time deposit products
• Savings account services

Headquarters

HQ city

Manado

HQ country

Indonesia

HQ region

Asia

Offices11 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Interest Income from Pension Credit (Kredit Pensiun): Primary revenue stream from lending activities, predominantly Kredit Pensiun (pensioner credit). The bank extends loans to pensioners receiving benefits through PT Taspen (Persero) and PT ASABRI (Persero), with maximum plafond of Rp 400,000,000 and tenors up to 20 years. Interest income is the dominant component of operating revenue.
2. Interest Income from Intermediation (Third-Party Funds): Interest earned from lending third-party funds (Tabungan and Deposito) mobilized from retail customers. Deposito Dana Raya and Tabungan Dana Raya / Tabungan Dana Flexi products generate interest expense, with the spread constituting bank revenue.
3. Fee Income from Mitra Bayar Services: Fees received from PT Taspen (Persero) as an official pension payment agent (Mitra Bayar) and Office Channeling partner, for processing pension disbursements and authentication services.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels10 records

Core offering

PT. BPR Dana Raya is a regional rural bank (BPR) headquartered in Manado, North Sulawesi, that provides retail banking services specialized around the pensioner customer segment. Its core offering is Kredit Pensiun (Pension Credit) — a loan facility for civil servant and military retirees receiving benefits through PT Taspen or PT ASABRI, with maximum plafond of Rp 400 million and tenors up to 20 years. The bank complements this lending business with three deposit products: Deposito Dana Raya (time deposits), Tabungan Dana Flexi (tiered-interest savings), and Tabungan Dana Raya (basic savings), operating through 10 branches and as an official Mitra Bayar (pension payment agent) of PT Taspen.

Product overview

PT. BPR Dana Raya offers a focused portfolio of four core banking products centered on pensioner services and savings. The flagship product is Kredit Pensiun (Pension Credit), a loan facility for retirees with a maximum ceiling of Rp 400 million and flexible tenures up to 20 years. Complementing this are three deposit products: Deposito Dana Raya (time deposits with tenures of 1-12 months), Tabungan Dana Flexi (tiered-interest savings), and Tabungan Dana Raya (basic savings account). The company operates as a regional rural bank (BPR) headquartered in Manado, Sulawesi Utara, with branch offices across the region and is regulated by OJK and covered by LPS deposit insurance.

Differentiator

Problem solved

Functional benefit

Brands

• Kredit Pensiun Dana Raya: Pension credit product for retired civil servants (ASN/PNS) receiving pension benefits through PT Taspen (Persero) or PT ASABRI, offering loans up to Rp400 million with tenures up to 20 years.
• Deposito Dana Raya
• Tabungan Dana Flexi
• Tabungan Dana Raya

Products and services

• Kredit Pensiun (Pension Credit) A pension loan facility for retired Indonesian civil servants (ASN/PNS) and military/police retirees receiving monthly pension benefits through PT Taspen or PT ASABRI. Designed to fund home renovation, business capital, children's education, and other personal needs, with maximum plafond of Rp 400 million, tenors up to 20 years, life insurance protection, and salary-deduction-based repayment.
• Deposito Dana Raya A time deposit product for individual and business customers with flexible tenures of 1, 3, 6, and 12 months, competitive fixed interest rates (5.00% p.a. for 1–3 month, 5.50% p.a. for 6–12 month), Automatic Rollover (ARO) option, and LPS deposit insurance guarantee. Minimum placement is Rp 5,000,000.
• Tabungan Dana Flexi A flexible savings account offering tiered interest rates based on daily balance (4% p.a. below Rp 100 million; 5% p.a. above Rp 100 million), no monthly administration fee, LPS deposit insurance, initial deposit Rp 500,000, and minimum balance Rp 500,000.
• Tabungan Dana Raya A basic individual savings account with easy requirements, a 4% p.a. interest rate, no monthly administration fee, a minimum initial deposit of Rp 50,000, and a minimum balance after withdrawal of Rp 20,000.

Quantifiable outcome

• NPL of only 0.18% as of August 2016 — indicating extremely healthy loan portfolio quality
• +3 more outcomes

Named customers4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Nine partnerships are on record, tiered flagship, core and minor.

• Bank Mandiri Taspen (Bank Mantap)flagshipStrategic or Co-development Partner · 8 May 2026Strategic business collaboration signed in May 2026, aimed at strengthening synergies in banking services for pensioners and the broader community. The agreement involves Bank Dana Raya and Bank Mandiri Taspen (a subsidiary of Bank Mandiri and PT Taspen focused on pensioner banking). Both parties commit to leveraging their respective strengths to deliver more inclusive financial services. The collaboration was formalized at Menara Dana Raya with attendance from PT Taspen (Persero) leadership.
• PT Taspen (Persero)coreStrategic or Co-development Partner · 6 May 2026Long-standing strategic partnership as Mitra Bayar (official pension payment agent) and Mitra Layanan (Office Channeling) for PT Taspen (Persero). Bank Dana Raya disburses monthly pension benefits, 13th-month payments, JKK (Work Accident Insurance), and JKM (Death Insurance) benefits. The partnership also covers TASPEN Smart Card enrollment and digital authentication services. Bank Dana Raya has received 'Sangat Baik' ratings in PT Taspen's semi-annual Mitra Bayar evaluations for every period from July 2022 to December 2024.
• Bank Banjarmasin (Bank KalsEl)flagshipStrategic or Co-development Partner · 5 May 2026Business Cooperation Agreement (Perjanjian Kerja Sama Bisnis) signed on May 5, 2026. Both banks committed to driving innovative products and services, supporting MSMEs, and expanding sustainable financing access. Attendance included Bank Dana Raya's Komisaris Utama Mario Angouw, Komisaris Independen Antonius Ginting, and Direktur Utama Hanny Mamoto; and Bank Banjarmasin's Diretor Utama Fachrudin and Kepala Divisi Konsumer & UMK Fachriza Nor Asli.
• Government of Kabupaten MinahasaminorStrategic or Co-development Partner · 6 April 2026Strategic collaboration meeting held April 6, 2026, attended by Bank Dana Raya's Kemitraan dan Layanan Taspen department and Tomohon Branch Manager, alongside Government of Kabupaten Minahasa and PT Taspen (Persero). The meeting, also attended by Deputy Regent Vanda Sarundayang, explored cooperation opportunities to improve financial services for retired civil servants in the Kabupaten Minahasa region.
• Bank Saqu IndonesiaflagshipStrategic or Co-development Partner · 3 November 2025Bank Dana Raya received a courtesy business visit from Bank Saqu Indonesia's management (RB Director Hendrik Komandangi and CRO Williem Hendrik) on November 3, 2025. Discussions covered 2026 business strategy, adaptive risk management, growth opportunities, and sustainable financing expansion in North Sulawesi. Received by Bank Dana Raya's Komisaris Utama Mario Angouw, Komisaris Independen Verra Ratulangi, Direktur Utama Hanny Mamoto, Direktur Pemasaran Handri Sahanggamu, and Direktur Kepatuhan Ribkah Kaparang.
• Bank Saqu IndonesiaflagshipStrategic or Co-development Partner · 12 September 2025Business Cooperation Agreement signed September 12, 2025. Both banks aim to expand banking service access, strengthen financial industry competitiveness, and open new opportunities for the national banking sector. Followed by a courtesy business visit on November 3, 2025 where both parties discussed 2026 business strategy, risk management, and growth potential in North Sulawesi.
• Bank Banjarmasin (Bank KalsEl)flagshipStrategic or Co-development Partner · 22 August 2025Initial Business Cooperation Agreement signed August 22, 2025, with both banks aiming to bring more innovative products and services, support community MSME development, and expand sustainable financing access. Followed by a second agreement in May 2026.
• TransmartminorGTM or Marketing PartnerPartnership in community outreach (CSR) activities. Transmart cooperated with Bank Dana Raya in 2020 to distribute basic necessity packages and masks to pensioners affected by COVID-19, as part of the BPR Dana Raya Peduli (Caring) program.
• Lembaga Penjamin Simpanan (LPS)coreOthersMandatory deposit insurance partner. All deposit products (Tabungan Dana Raya, Tabungan Dana Flexi, Deposito Dana Raya) are guaranteed by LPS up to a maximum of Rp 2 billion per depositor per bank. LPS guarantee rate for BPR is 6.25% per annum (July-September 2026).

Scale indicators15 records

Recent moves6 records

Expansion highlights6 records

Others

• PT Bank Maybank Indonesia Tbk: Maybank Indonesia is a strategic partner of Bank Dana Raya, providing pension credit funding lines through a December 2025 agreement. It is comparable as a funding and product distribution partner rather than a direct competitor.

Broad incumbents

• PT Bank Negara Indonesia (BNI) Tbk: BNI is a major Indonesian state bank with extensive branch coverage and a growing pensioner banking portfolio. It targets the same civil servant and pensioner segments as Bank Dana Raya at national scale.
• PT Bank Mandiri (Persero) Tbk: Bank Mandiri is Indonesia's largest state-owned bank and the parent of Bank Mantap. It offers a comprehensive suite of pension, deposit, and credit products at national scale, overlapping with Bank Dana Raya's pensioner focus but operating at vastly larger scale.
• PT Bank Central Asia (BCA) Tbk: BCA is the largest private Indonesian bank with a dominant retail deposit and digital banking franchise. While not pension-focused, it competes for the same retail deposit pool and could displace BPR customers as pensioners transition to digital-first banking.
• PT Bank Rakyat Indonesia (BRI) Tbk: BRI is Indonesia's largest bank by asset and the dominant UMKM-focused lender, with a broad BPR-linked and simpedes savings network. It serves the same informal/retail banking segment that BPR Dana Raya targets, though at national scale.
• PT Bank Tabungan Negara (BTN) Tbk: BTN is an Indonesian state-owned bank specialized in housing finance and retail savings. Its focus on long-tenor credit products and civil servant segments overlaps with Bank Dana Raya's pension credit offering.
• PT Bank Danamon Indonesia Tbk: Danamon is a major Indonesian bank with a strong SME and consumer banking franchise. It competes for similar retail savings and pension-related credit segments in regional markets.

Direct peers

• BPR Lestari Bali: BPR Lestari Bali is one of Indonesia's largest and most successful rural banks (BPRs), operating with a similar deposit-taking and lending model and competing for retail/small-business customers in regional Indonesia.
• Bank Mandiri Taspen (Bank Mantap): Bank Mantap is a pension-focused Indonesian bank jointly owned by Bank Mandiri and PT Taspen (Persero). It serves the same Taspen and ASABRI pensioner customer base as Bank Dana Raya and is now also a strategic partner, making it the closest direct peer in the pension banking niche.

Regional players

• PT Bank CIMB Niaga Tbk: CIMB Niaga is a major Indonesian bank with strong consumer and SME banking franchises. It competes for regional retail and small-business deposits and credits across Indonesia, overlapping with BPR Dana Raya's regional market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/bprdanaraya
• LinkedInlinkedin.com/company/pt-bpr-dana-raya

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about PT. BPR Dana Raya