What MNC Bank does

PT Bank MNC Internasional Tbk (MNC Bank), founded in 1989 as PT Bank Bumiputera, is an Indonesian commercial bank and foreign exchange bank publicly listed on the Indonesia Stock Exchange under ticker BABP since July 15, 2002. The bank was acquired by PT MNC Kapital Indonesia Tbk (a subsidiary of MNC Group) on August 31, 2014, and rebranded to its current name, operating today as part of the diversified MNC Group conglomerate spanning media, financial services, and entertainment. Issued and fully paid-up capital stood at Rp 3,325,597,414,100 against authorized capital of Rp 6,000,000,000,000 as of February 28, 2026, with PT MNC Kapital Indonesia holding 49.83% and public shareholders the remainder.

MNC Bank delivers a full-service retail and commercial banking proposition across two primary segments — Individual (Individu) and Business (Bisnis) — through a hybrid distribution model combining 42 branch/sub-branch offices, 65 proprietary ATMs connected to 200,000+ ATMs nationwide via GPN, ATM Prima, and ATM Bersama, plus channel partnerships with 200,000+ Indomaret outlets and 20,000+ POS Indonesia offices for cash-in/cash-out. The digital layer consists of MotionBank (an all-in-one iOS/Android mobile app for account opening, card applications, transfers, and FX rates) and e-biz Banking (web-based corporate internet banking for payroll, liquidity management, inter-bank transfers, and audit trails). The product suite spans savings (Tabungan MNC and variants), current accounts (Giro MNC IDR and Valas), time deposits, credit cards including Visa Platinum/Gold/Titanium and six co-branded partnerships (PLN Icon, Citilink, KAI Access, FamilyMart, Bank Jombang, Modena Pay), consumer loans (unsecured, property-backed up to 30 years, pensioner loans up to 25 years), SME loans (Rp 500M–Rp 25B), working capital and investment credit, plus treasury products (bonds, forex TOD/TOM/SPOT/Forward/Swap, mutual funds, digital gold from 0.01 gram), and trade finance (LC, bank guarantees, custodian services).

The revenue model is multi-stream and conventional: net interest income from lending and deposits, transaction fees and interchange from credit cards, transaction spreads on Digital Gold and FX, modest fees from digital banking services (e-biz Banking free; tokens Rp 250,000 each beyond first two), and bancassurance commissions from Saving Plus Insurance distributed through branches. Pricing on standard products is publicly disclosed (e.g., corporate card annual fee Rp 750,000; interest 1.75% monthly/21% annual; SME plafond Rp 500M–Rp 25B), while loan pricing is set at point-of-sale based on customer risk profile. The bank has executed five rights issues (PUT VI–X) from 2018 through December 2023 to build capital, and won five awards at the 14th Infobank-Insentia Digital Brand Award 2025 across KBMI I conventional bank categories.

Name

MNC Bank

Legal name

PT Bank MNC Internasional Tbk

Website

https://mncbank.co.id

Company type

Public

Founded year

1989

Operating status

Operating

Headcount range

501–1,000 employees

Short description

PT Bank MNC Internasional Tbk (MNC Bank) is an Indonesian publicly listed commercial bank (IDX: BABP) serving individual and business customers through 42 branches, 65 ATMs, MotionBank mobile app, e-biz Banking corporate platform, and Indomaret/POS cash access partnerships, offering deposits, lending, cards, treasury, trade finance, and digital gold products.

Ownership category

akta.pro rank

Product category

Retail Banking

NAICS

Commercial Banking (52211)

SIC

National Commercial Banks (6021)

akta.pro primary industry

SME Business Lending (Term Loans, Lines of Credit, Overdrafts) (FSABABAB)

Keywords

• Retail banking services
• Commercial banking products
• Digital mobile banking
• SME lending finance
• Corporate treasury services

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, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Net Interest Income: Interest income from lending products including property loans (KPP up to 30 years, KKBP up to 10 years), SME loans (Rp 500 million to Rp 25 billion), KMGTA, pensioner loans (up to 25 years), and corporate credit facilities (working capital and investment loans). Interest expense paid on deposit products.
2. Credit Card Fees and Interchange: Annual fees, interchange income, cash advance fees, late payment fees, and installment (MNCPay) revenue from regular and co-branding credit cards. Annual fee for corporate card is Rp 750,000; cash withdrawal fee is 5% or minimum Rp 100,000.
3. Digital Gold (Emas Digital): Revenue from gold buying/selling services where customers can transact starting from 0.01 gram. Price referenced to global gold prices; the bank earns a spread on buy/sell transactions.
4. Foreign Exchange Transactions: Revenue from forex transactions including TOD, TOM, SPOT, FORWARD, and SWAP for individual and business customers, generating spreads on currency exchange.
5. Digital Banking Services: Fee income from digital banking services including e-biz Banking monthly fees (free), token charges (first 2 tokens free, Rp 250,000 per additional unit), and transaction fees for corporate banking services.
6. Bancassurance: Insurance product distribution through bank branches, earning commission on Saving Plus Insurance and other life/health insurance products sold to bank customers.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

MNC Bank is a conventional commercial bank offering a full range of banking products to individual and corporate customers in Indonesia, including savings, current accounts, time deposits, credit cards, personal and SME loans, property financing, pensioner loans, treasury services, trade finance, and digital gold. Distribution is delivered through 42 branches, 65 ATMs, Indomaret and Pos Indonesia retail partnerships, the MotionBank mobile app, and e-biz Banking corporate platform.

Product overview

MNC Bank operates as a comprehensive banking platform with a dual-segment structure serving individual and business customers through both traditional and digital channels. The core banking products include savings accounts (Tabungan MNC, Tabungan Bunga Khusus, Tabungan Pelajar, TabunganKu, Tabungan Rencana), current accounts (Giro MNC, Giro MNC Valas), and time deposits (Deposito MNC, Deposito Valas MNC). The credit card portfolio encompasses regular cards (Visa Platinum, Visa Gold, Titanium Motion) and extensive co-branding partnerships (MNC Icon with PLN, Citilink, Access Card with KAI, FamilyMart, Bank Jombang, Modena Pay) plus corporate cards. Loan products span unsecured loans (Kredit Multiguna Tanpa Agunan), secured consumer loans (Kredit Konsumtif Beragun Properti), property loans (Kredit Pemilikan Properti), pensioner loans (Pinjaman Pensiun), and business loans (Kredit Modal Kerja, Kredit Investasi, Kredit SME). Treasury and investment services include bonds (Obligasi Retail, Obligasi Negara, Obligasi Korporasi), forex products (TOD, TOM, SPOT Value), derivatives (FX SWAP, FX Forward), mutual funds (Reksadana Pasar Uang, Pendapatan Tetap, Saham, Campuran), and digital gold (Emas Digital). Trade finance offerings comprise Letter of Credit, Bank Garansi, and Kustodian services. The digital ecosystem is anchored by MotionBank mobile app offering account management, card services, and fund transfers, complemented by e-biz Banking for corporate internet banking and Virtual Account for business payment solutions.

Differentiator

Problem solved

Functional benefit

Brands

• MotionBank: Digital banking application providing all banking services in one app for individual and business customers.
• Tabungan MNC
• Giro MNC
• Deposito MNC
• Kartu Kredit MNC Bank
• Kredit Pensiun MNC
• MNC Virtual Account

Products and services

• MotionBank Mobile Banking Application All-in-one mobile banking application for individuals enabling savings account opening, credit card applications, and full-service banking transactions. Available on Google Play and App Store.
• Tabungan MNC Basic savings account offering safe and practical solutions for individual customers' financial needs with accessible withdrawal options.
• Tabungan Bunga Khusus Savings account with special interest rates designed for individual customers seeking higher returns on their deposits.
• Tabungan Pelajar Savings account designed for students to encourage financial literacy from an early age.
• TabunganKu Standard savings account product for Indonesian citizens meeting regulatory requirements for basic banking inclusion.
• Tabungan Rencana Savings plan account with regular deposit features to help customers achieve their financial goals over time.
• Giro MNC Rupiah-denominated current account enabling withdrawals anytime using checks or demand drafts, with daily recording system for transaction monitoring.
• Giro MNC Valas Foreign currency current account for international business transactions requiring non-IDR settlement.
• Deposito MNC Rupiah-denominated time deposit product with secure savings growth and competitive returns for individual customers.
• Deposito Valas MNC Foreign currency time deposit for customers seeking international currency exposure with competitive returns.
• Kartu Kredit Visa Platinum Premium Visa Platinum credit card with exclusive facilities and privileges for discerning individual customers.
• Kartu Kredit Visa Gold Gold-tier Visa credit card providing financial flexibility for extra fund needs with worldwide acceptance.
• Kartu Kredit Titanium Motion Credit card designed for tech-savvy young adults with digital-native features and flexible payment functionality.
• MNC Icon Visa Card (PLN Co-Branding) Co-branded credit card with PLN Mobile providing exclusive discounts and installment options for utility transactions.
• MNC Bank Citilink Visa Card Co-branded contactless credit card with Citilink Indonesia offering airline transaction convenience under VISA license.
• MNC Bank Access Card (KAI Co-Branding) Co-branded contactless credit card with PT Kereta Api Indonesia (KAI) for train ticket purchases and travel convenience.
• FamilyMart MNC Titanium Card Co-branded titanium credit card with FamilyMart supporting digital lifestyle with flexible usage at convenience stores.
• Kartu Kredit Modena Pay Co-branded credit card with MODENA enabling easy, flexible, and rewarding daily transactions for appliance customers.
• Kartu Kredit Corporate MNC Bank Corporate credit card for company business transactions and travel with employee spending control features, card limit Rp 5 million to Rp 5 billion, annual fee Rp 750,000.
• Kredit Multiguna Tanpa Agunan Unsecured multi-purpose loan channeled through company or cooperative partnerships for employee consumptive needs including education, weddings, health, and home renovation.
• Kredit Konsumtif Beragun Properti Property-backed consumer loan for new applications, top-ups on existing facilities, and credit takeovers with flexible tenors up to 10 years.
• Kredit Pemilikan Properti Property ownership financing for houses, shophouses, apartments, and ready-to-build plots with tenors up to 30 years.
• Pinjaman Pensiun Fast loan product for pre-retirement and retired government employees (ASN) with tenors up to 25 years and life insurance protection.
• Kredit Modal Kerja Working capital credit facility in Rupiah or foreign currency for daily operational needs with maximum tenor of 1 year.
• Kredit Investasi Long-term investment credit for capital goods including machinery, warehouse expansion, and factory modernization with tenors of 1 year or more.
• Kredit SME (Kredit UMKM) Small and medium enterprise loan with limits from Rp 500 million to Rp 25 billion using residential or commercial property as collateral.
• Saving Plus Insurance Savings-linked insurance product combining savings benefits with insurance protection distributed through bank branches.
• Obligasi Retail Retail bond product with minimum transaction of IDR 100 million or USD 10,000 offering competitive returns through interest and capital gain.
• Obligasi Negara Government bond investment product for retail customers seeking sovereign fixed-income exposure.
• Obligasi Korporasi Corporate bond product for business customers offering competitive fixed-income returns.
• Foreign Exchange Transactions (TOD/TOM/SPOT) Foreign exchange transactions including Today (TOD), Tomorrow (TOM), and Spot Value transactions for individuals and businesses.
• FX SWAP and FX Forward Derivatives Foreign exchange derivatives including FX SWAP (combining two transaction legs) and FX Forward (settlement beyond two business days) for currency hedging.
• Reksa Dana (Mutual Funds) Mutual fund products distributed through the bank including Money Market, Fixed Income, Equity, and Mixed Allocation funds.
• Emas Digital (Digital Gold) Digital gold investment service allowing customers to buy, sell, and store gold online starting from 0.01 gram with prices based on global gold prices.
• Letter of Credit Documentary credit service facilitating international trade transactions for business customers.
• Bank Garansi (Bank Guarantee) Bank guarantee service for trade and business transaction security for corporate customers.
• Kustodian (Custodial Service) Asset custody and safekeeping services for securities and valuable documents for institutional and corporate clients.
• Tabungan Motion Bonus (Digital Savings) Digital savings product within MotionBank app with bonus interest features for app-based customers.
• Tabungan Pensiun Motion (Digital Pension Savings) Digital pension savings account accessible through MotionBank app for retirees.
• Rekening Dana Nasabah (RDN) Customer fund account for securities investment transactions linked to MotionBank.
• e-biz Banking Corporate Platform Web-based business banking platform providing account information, deposits, fund transfers via SKN/RTGS, multi-transfers, liquidity management, payroll services, and comprehensive reporting.
• MNC Virtual Account 19-digit virtual account service for companies to identify customer payments efficiently with real-time transaction information and automated reconciliation.
• Kartu Kredit Bank Jombang (Co-Branding) Collaboration credit card between Bank Jombang and MNC Bank providing modern banking access for Bank Jombang customers and employees.

Quantifiable outcome

• 65 ATMs connected to more than 200,000 ATMs via GPN, ATM Prima, and ATM Bersama
• +1 more outcomes

Named customers6 records

Segments2 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

Ten partnerships are on record, tiered core and minor.

• PLN (PT PLN (Persero))coreOEM/ Whitelabel/ Licensing PartnerMNC Icon Visa Card co-branding partnership with PLN enabling credit card transactions within the PLN Mobile application. Cardholders access exclusive promotions, installment options, and seamless payment integration with PLN's digital ecosystem.
• Citilink Indonesia (PT Citilink Indonesia)coreOEM/ Whitelabel/ Licensing PartnerMNC Bank Citilink Visa Card co-branding partnership with contactless functionality under VISA Worldwide license. Provides airline-focused rewards, discounts, and payment convenience for Citilink passengers.
• PT Kereta Api Indonesia (KAI/Persero)coreOEM/ Whitelabel/ Licensing PartnerMNC Bank Access Card co-branding with contactless feature under VISA Worldwide license for rail passengers. Enables convenient ticket purchases and payments across KAI train services.
• FamilyMart IndonesiacoreOEM/ Whitelabel/ Licensing PartnerFamilyMart MNC Titanium Card co-branding targeting digitally-savvy lifestyle consumers who frequent FamilyMart convenience stores. Card offers lifestyle rewards and flexible payment features.
• Bank JombangminorOEM/ Whitelabel/ Licensing PartnerCo-branded credit card collaboration where Bank Jombang issues MNC Bank-branded cards to its customers and employees, providing access to modern banking services and MNC Bank's digital ecosystem.
• Modena Indonesia (PT Modena Indonesia)coreOEM/ Whitelabel/ Licensing PartnerMODENA Pay co-branded credit card in partnership with home appliance brand Modena. Designed for daily transactions with flexible payments, discounts, and lifestyle benefits for Modena customers.
• MNC SekuritascoreStrategic or Co-development PartnerPartnership to drive financial literacy among Gen Z through integrated banking and securities solutions. Joint initiative leveraging MNC Bank's digital banking infrastructure and MNC Sekuritas' investment products to educate young Indonesian consumers about financial services.
• Indomaret (PT Indomarco Prismatama)coreChannel Partner/ Reseller/ DistributorCash deposit and withdrawal services available at 200,000+ Indomaret convenience store outlets nationwide, enabling MNC Bank customers to conduct cash transactions without visiting a branch or ATM.
• Pos Indonesia (PT Pos Indonesia)coreChannel Partner/ Reseller/ DistributorCash deposit and withdrawal services available at 20,000+ POS (Indonesian Post Office) locations across Indonesia, extending banking service accessibility to underserved areas.
• VISA WorldwidecoreTechnology or IntegrationGlobal payment network license for credit card issuance (Visa Platinum, Visa Gold, Titanium Motion, and co-branding cards) enabling international acceptance and transactions.

Scale indicators6 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Bank Rakyat Indonesia (BRI): Largest Indonesian bank by customer count with a strong focus on micro and SME lending through BRILink agents. Directly comparable to MNC Bank's SME/Kredit UMKM product and Indomaret-style agent distribution strategy.
• Bank CIMB Niaga: Private commercial bank serving consumer, SME, and corporate segments with full treasury and trade finance offerings. Similar digital banking investments and co-branding/card strategy.
• Bank BTPN: Indonesian commercial bank with strong mass-market, SME, and pensioner loan focus. Comparable to MNC Bank's Kredit Pensiun and Kredit UMKM segments, as well as digital banking strategy through Jenius.
• Bank Permata: Private Indonesian commercial bank offering retail, SME, and corporate banking products. Comparable size tier and segment focus to MNC Bank, including credit cards and treasury services.
• Bank Negara Indonesia (BNI): State-owned commercial bank providing full retail, SME, and corporate banking services. Comparable product breadth (savings, cards, treasury, trade finance) and similar digital platform investments.
• Bank Mandiri: Indonesia's largest bank by assets; competing directly in consumer savings, credit cards, SME lending, and corporate treasury. State-owned but operates in the same commercial banking segments as MNC Bank.
• Bank Central Asia (BCA): Largest private commercial bank in Indonesia; offers similar retail savings, credit cards, and corporate banking products across a national branch and digital network. Closest large-cap private-bank comparable to MNC Bank's full-spectrum offering.
• Bank Danamon: Mid-tier private Indonesian commercial bank with strong consumer finance, SME, and credit card franchises. Comparable product mix and KBMI tier positioning to MNC Bank.
• Bank Panin: Privately held Indonesian commercial bank with similar KBMI tier positioning, consumer and SME lending focus, and credit card franchise. Closest size-tier comparable to MNC Bank.
• Bank Maybank Indonesia: Private Indonesian commercial bank serving retail, SME, and corporate customers with full digital and treasury capabilities. Directly comparable in product breadth and target segments.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/mncbank
• YouTubeyoutube.com/@officialmncbank
• Facebookfacebook.com/mncbankcoid
• LinkedInlinkedin.com/company/pt-bank-mnc-international-tbk-mnc-bank/?trk=similar-pages_result-card_full-click
• Instagraminstagram.com/officialmncbank/?hl=en

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 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 MNC Bank