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[BUSINESS] · Indonesia · 3 sources

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Bank Danamon and MUFG propose Bank MUFG Danamon name

PT Bank Danamon Indonesia Tbk and MUFG Bank, Ltd. (Jakarta Branch) have proposed PT Bank MUFG Danamon Tbk as the official name for their integrated banking entity. The proposal includes a new logo, which will be implemented once the integration receives formal approval from shareholders, relevant ministries, and regulatory authorities.

The integration, which was first announced on May 11, 2026, follows the Financial Services Authority (OJK) Regulation Number 41/POJK. 03/2019 regarding bank mergers and integrations. The move aims to combine Danamon’s 70-year local experience in Indonesia with MUFG’s global network and expertise.

Currently, both institutions continue to operate as separate entities. There are no immediate changes to operational activities, products, services, operating hours, or the existing office network. Customers can continue to use all financial products and services as usual during this transition period.

Entities

Kenji Sato · MUFG Bank, Ltd. · Nobuya Kawasaki · Otoritas Jasa Keuangan · PT Bank Danamon Indonesia Tbk

Claims

What the coverage asserts, and how many sources carry each claim.

  • [● 2 SOURCES] The integration process adheres to Financial Services Authority (OJK) Regulation Number 41/POJK. 03/2019. mediaasuransinews.co.id · katadata.co.id
  • [○ 1 SOURCE] Danamon and MUFG Indonesia currently maintain separate operations and continue to function as distinct entities. katadata.co.id
  • [● 3 SOURCES] PT Bank Danamon Indonesia Tbk and MUFG Bank, Ltd. (Jakarta Branch) have proposed PT Bank MUFG Danamon Tbk as the name for the integrated entity. mediaasuransinews.co.id · insight.kontan.co.id · katadata.co.id
  • [● 2 SOURCES] The use of the proposed name and logo awaits approval from shareholders, relevant ministries, and authorized regulators. mediaasuransinews.co.id · katadata.co.id
  • [○ 1 SOURCE] There are no changes to products, services, operating hours, or the available office network during the integration process. katadata.co.id
  • [● 2 SOURCES] The integration plan was voluntarily announced by MUFG and Danamon on May 11, 2026. mediaasuransinews.co.id · katadata.co.id