What UOB Indonesia does

PT Bank UOB Indonesia is the Indonesian banking subsidiary of Singapore-headquartered UOB Group, operating as a full-service commercial bank headquartered at UOB Plaza in Jakarta Pusat since the parent group's presence in Indonesia dates to 1935. The bank provides personal banking, wealth/privilege banking, business banking for SMEs, and corporate and institutional banking, supported by a multi-channel distribution model that combines a physical branch and ATM network with digital platforms — UOB TMRW (all-in-one mobile banking app for retail), UOB Personal Internet Banking (PIB), and UOB Infinity (corporate digital platform with cash management, trade finance, and SWIFT gpi cross-border payment tracking). The product portfolio spans ten credit card variants (Zenith, PRIVIMiles, Garuda Indonesia co-brand, Preferred, Lady's, One, Telkomsel co-brand, YOLO, TMRW, Commercial), a broad savings and deposit suite (One Account, Stash, Privilege, U-Save, U-Plan, TabunganKu, Simpanan Pelajar, Gold Saving, GIRO Rupiah/Valas, TMRW Power Saver), personal loans (CashPlus revolving credit, KPR home loans), investments (bonds, mutual funds, structured products), corporate services (trade finance including LC/SKBDN, bank guarantees, SBLC, export/import services, cash management, Global Markets with FX, derivatives and bonds), and insurance via bancassurance.

Name

UOB Indonesia

Legal name

PT Bank UOB Indonesia

Website

https://uob.co.id

Company type

Private

Founded year

1935

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

UOB Indonesia is the Indonesian subsidiary of Singapore's UOB Group, operating a full-service commercial bank that serves retail individuals, SMEs, and corporate/institutional clients through a branch network and digital platforms (UOB TMRW, Personal Internet Banking, UOB Infinity).

Ownership category

akta.pro rank

Product category

Retail Banking

NAICS

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

SIC

State Commercial Banks (6022)

akta.pro primary industry

SME Deposits & Business Accounts (Operating, Savings, CDs) (FSABABAC)

akta.pro secondary industry

Account & Balance Services (Operating accounts, statements, eBAM) (FSABAIAD)

Keywords

• Retail banking services
• Corporate banking
• Trade finance
• Wealth management
• Digital banking

Headquarters

HQ city

Jakarta Pusat

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

Revenue model

1. Interest Income: Revenue generated from interest earned on loans and credit facilities extended to retail and corporate customers, including home loans (KPR), cash loans (CashPlus), and business credit facilities.
2. Credit Card Fees and Commissions: Annual fees, transaction fees, and interchange income from credit card operations across multiple card variants including UOB Zenith, PRIVIMiles, Garuda Indonesia UOB, Preferred, Lady's, YOLO, One, and Telkomsel cards.
3. Trade Finance Services: Fees and commissions from Letter of Credit (LC) issuance, Bank Garansi/guarantees, Standby Letter of Credit, documentary collection, trust receipts, and trade financing for corporate clients.
4. Cash Management and Transaction Banking: Fees from corporate cash management services including account services, payable and receivable management, channel management, liquidity management, and telegraphic transfers.
5. Savings and Current Account Deposits: Interest paid to depositors on savings accounts (One Account, Stash Account, U-Save, privilege accounts) and current accounts (giro) generates float income and enables lending operations.
6. Investment Product Distribution: Commissions and fees from distributing investment products including government and corporate bonds, mutual funds (reksadana), structured products, and unit trusts to retail and corporate customers.

Pricing tiers

Go-to-market motion2 records

Distribution channels7 records

Marketing channels5 records

Core offering

UOB Indonesia is a universal bank that provides deposit and savings accounts, credit cards, personal loans, mortgages, and wealth management products to individual consumers, alongside trade finance, cash management, treasury, foreign exchange, and corporate lending services to SMEs, large corporates, and institutional clients. The bank distributes these products through its branch network, the UOB TMRW mobile app, Personal Internet Banking, the UOB Infinity corporate platform, and dedicated relationship managers, while leveraging its parent UOB Group's regional ASEAN network for cross-border transactions.

Product overview

PT Bank UOB Indonesia operates a comprehensive multi-channel banking platform consisting of digital banking apps (UOB TMRW for consumers, UOB INFINITY for corporate clients, and Personal Internet Banking for retail), supported by an extensive product portfolio spanning credit cards (UOB Zenith, PRIVIMiles, Garuda Indonesia co-brand, Preferred, Lady's, One, Telkomsel co-brand, YOLO), savings and current accounts (One Account, Stash, Privilege Account, GIRO Rupiah/Valas, U-Save, U-Plan, TabunganKu, Simpanan Pelajar), loans (CashPlus revolving credit, KPR home loans), investment products (government and corporate bonds, mutual funds, structured products), corporate services (trade finance, cash management, global markets), and insurance (bancassurance). The bank serves individuals, wealth clients, and corporate/institutional customers through branch networks, digital channels, and API-connected payment systems including SWIFT and BI-FAST.

Differentiator

Problem solved

Functional benefit

Brands

• UOB TMRW: Digital banking application for retail customers offering free transfers, wealth management, and rewards features
• UOB Infinity
• UOB FinLab

Products and services

• Savings and Deposit Accounts Deposit products offered to individual and corporate customers for fund safekeeping, payments, and interest accrual. Includes savings accounts, current accounts, and time deposits available across retail and corporate segments.
• Credit Cards
• Personal Loans
• Mortgages
• Wealth Management and Investment Products
• Trade Finance
• Cash Management
• Treasury and Global Markets
• Corporate Lending
• UOB TMRW Mobile Banking
• UOB Infinity Corporate Digital Banking

Quantifiable outcome

• UOB My Digital Space partnership with Ruangguru equipped 90,000 students with digital skills, critical thinking, and creativity.

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

Feature4 records

Partnerships

One partnership is on record.

• RuanggurucoreStrategic or Co-development PartnerUOB My Digital Space, in partnership with Ruangguru (Indonesia's leading edtech platform), provides digital skills training to 90,000 Indonesian students. The program focuses on digital literacy, critical thinking, and creativity — supporting the bank's community and education outreach objectives while building brand affinity among young Indonesians.

Scale indicators2 records

Recent moves1 record

Expansion highlights5 records

Direct peers

• Maybank Indonesia: Subsidiary of Malaysia's Maybank Group operating full-service banking in Indonesia. Comparable regional-bank subsidiary with similar retail, SME, and corporate banking emphasis.
• Bank Danamon: Indonesia-focused bank with retail, SME, and consumer finance franchises; majority-owned by Japan's MUFG. Comparable in product mix and consumer banking emphasis.
• Bank DBS Indonesia: Indonesian subsidiary of Singapore-based DBS Bank, another leading regional bank. Comparable in digital banking innovation, SME focus, and ASEAN regional network leveraging.
• OCBC Indonesia: Indonesian subsidiary of Singapore-based OCBC Bank, another regional banking group with strong ASEAN footprint. Highly comparable given similar parent-group structure and product focus on retail, SME, and trade finance.
• CIMB Niaga: Subsidiary of Malaysia-headquartered CIMB Group, operating as a major ASEAN regional bank in Indonesia with similar retail, SME, and corporate banking offerings. Closely comparable in business model and regional-banking positioning.
• Standard Chartered Indonesia: Indonesian subsidiary of Standard Chartered Bank focused on corporate, institutional, and affluent retail banking. Comparable in international trade finance and cash management capabilities.
• HSBC Indonesia: Indonesian subsidiary of global bank HSBC with focus on corporate, institutional, and affluent retail banking. Comparable in trade finance, cash management, and premium retail offerings to UOB Indonesia's franchise.

Broad incumbents

• Bank Central Asia (BCA): Indonesia's largest private-sector bank by assets, offering retail, SME, and corporate banking with extensive digital and branch channels. Directly comparable in product breadth and customer segments served.
• Bank Mandiri: Indonesia's largest state-owned bank with dominant corporate and retail franchises across the country. Comparable across all banking segments served by UOB Indonesia.
• Bank Negara Indonesia (BNI): One of Indonesia's largest state-owned banks with full-service retail, SME, and corporate banking. Comparable scale and product breadth to UOB Indonesia's franchise.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@UOB.Indonesia
• Facebookfacebook.com/UOB.id
• LinkedInlinkedin.com/company/uob
• Instagraminstagram.com/uob.id

Compliance4 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

Investments1 record

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

Frequently asked questions about UOB Indonesia