Wallets/cimb-niaga
CIMB Niaga / OCTO Mobile
0 standards supported
Overview
CIMB Niaga (PT Bank CIMB Niaga Tbk) is CIMB Group's Indonesian subsidiary + one of Indonesia's largest private commercial banks [1, 2, id-cro]. Q1 2025 baseline: 35% YoY OCTO Mobile + internet banking financial transaction volume growth + Rp 2.2 trillion Q1 2025 net income supported by digital transaction growth + OCTO Mobile by CIMB Niaga distinctive Indonesian super-app; Aug 2025 OCTO Mobile transactions significant 2025 YoY growth (per CIMB Niaga's President Director Lani Darmawan).
Distinctive CIMB Niaga positioning [1, 2, 3, 4]:
- CIMB Group's Indonesian subsidiary (CIMB Group is Malaysia #2 by assets after Maybank; Khazanah Nasional Malaysian sovereign wealth fund controlling)
- One of Indonesia's largest private commercial banks
- Q1 2025: 35% YoY OCTO Mobile + internet banking financial transaction volume growth
- Rp 2.2 trillion Q1 2025 net income supported by digital transaction growth
- OCTO Mobile by CIMB Niaga — distinctive Indonesian super-app (rebranded from earlier "Go Mobile by CIMB Niaga" / "CIMB Clicks" mobile banking app)
- 2008 merger of Bank CIMB Niaga + Bank Lippo → distinctive Indonesia's largest banking merger by capitalization at the time
- 1955 Bank Niaga founding + 2002 CIMB Group Bank Niaga ~52% acquisition — distinctive Malaysian-Indonesian banking acquisition
History
Sep 26 1955 — Bank Niaga founded in Indonesia — distinctive Indonesian banking heritage.
2002 — CIMB Group (Malaysia) acquires Bank Niaga ~52% stake — distinctive Malaysian-Indonesian banking acquisition.
Jun 1 2008 — CIMB Group merges Bank CIMB Niaga + Bank Lippo → PT Bank CIMB Niaga Tbk — distinctive Indonesia's largest banking merger by capitalization at the time.
2012 — Go Mobile by CIMB Niaga / CIMB Clicks mobile banking app launches.
2020 — OCTO Mobile by CIMB Niaga launches as Indonesian super-app rebranded from Go Mobile by CIMB Niaga / CIMB Clicks.
Q1 2025 — 35% YoY OCTO Mobile + internet banking financial transaction volume growth + Rp 2.2 trillion Q1 2025 net income [3, 4].
Aug 2025 — OCTO Mobile transactions significant 2025 YoY growth (per CIMB Niaga's President Director Lani Darmawan) [4].
Ownership & operator
Operating entity: PT Bank CIMB Niaga Tbk (IDX: BNGA).
Major shareholders: CIMB Group Holdings Berhad (Malaysia) ~92% controlling + Indonesian institutional + Indonesian retail public float.
Regulators: OJK (Otoritas Jasa Keuangan) + BI (Bank Indonesia).
Technical integration
OCTO Mobile by CIMB Niaga (iOS + Android; distinctive Indonesian super-app) + cimbniaga.co.id online + CIMB Niaga cards (Visa + Mastercard) + CIMB Niaga Indonesian branch network; QRIS + BI-FAST + Indonesian ACH (SKNBI) + Indonesian RTGS (BI-RTGS); OCTO Clicks (CIMB Niaga internet banking) + OCTO Pay + CIMB Niaga Shariah banking + CIMB Niaga Auto Finance + CIMB Niaga Securities + CIMB Niaga Sun Life (CIMB Niaga + Sun Life Indonesia joint insurance venture).
OCTO Mobile distinctive features: Indonesian P2P + Indonesian QRIS merchant payments + Indonesian utility bill payments + investments + savings + transfers + credit card + loan management + Lifestyle.
Users & growth
Q1 2025: 35% YoY OCTO Mobile + internet banking financial transaction volume growth + Rp 2.2 trillion Q1 2025 net income (supported by digital transaction growth); Aug 2025 OCTO Mobile transactions significant 2025 YoY growth (per CIMB Niaga's President Director Lani Darmawan).
Use cases
Indonesian retail + private + corporate + SME + investment + Shariah + auto-finance + insurance banking via OCTO Mobile by CIMB Niaga + cimbniaga.co.id online + cards + branches; QRIS + BI-FAST + Indonesian ACH + RTGS; OCTO Mobile distinctive Indonesian super-app: Lifestyle + Indonesian P2P + Indonesian QRIS merchant payments + Indonesian utility bill payments + investments + savings + transfers + credit card + loan management.
Implementations & partners
Operator: PT Bank CIMB Niaga Tbk (IDX: BNGA); CIMB Group Holdings Berhad (Malaysia) ~92% controlling shareholder.
Subsidiaries: CIMB Niaga Shariah banking + CIMB Niaga Auto Finance + CIMB Niaga Securities + CIMB Niaga Sun Life (CIMB Niaga + Sun Life Indonesia joint insurance venture).
Major Indonesian banking competitors: [[mandiri]] (Bank Mandiri; Indonesia #1 by assets + state-controlled + Livin' by Mandiri 25M+ MAU) + [[bri]] (Bank Rakyat Indonesia; Indonesia #2 by assets + state-controlled + Indonesia's largest microfinance bank + BRImo 40M+ MAU + 9,500+ branches) + [[bca]] (Bank Central Asia; Indonesia #1 private + Hartono family controlling + myBCA 30M+ MAU) + [[bni]] (Bank Negara Indonesia; Indonesia #4 by assets + state-controlled) + [[maybank-indonesia]] (Maybank Indonesian subsidiary; M2U ID App; Rp198T assets) + [[ocbc-nisp]] ([[ocbc]] Indonesian subsidiary) + [[panin-bank]] + [[btpn]] (post-2019 Sumitomo Mitsui + Bank Sumitomo Mitsui Indonesia merger).
CIMB Group sister entities: [[cimb]] (Malaysia parent; CIMB Group Holdings Berhad; KLSE: CIMB) + CIMB Bank Singapore + CIMB Bank Philippines + CIMB Thai + CIMB Bank Cambodia + CIMB Investment Bank.
Regulators: OJK + BI.
Fun facts
- CIMB Group's Indonesian subsidiary (CIMB Group is Malaysia #2 by assets after Maybank; Khazanah Nasional Malaysian sovereign wealth fund controlling).
- One of Indonesia's largest private commercial banks.
- Q1 2025: 35% YoY OCTO Mobile + internet banking financial transaction volume growth.
- Rp 2.2 trillion Q1 2025 net income supported by digital transaction growth.
- OCTO Mobile by CIMB Niaga — distinctive Indonesian super-app (rebranded from earlier "Go Mobile by CIMB Niaga" / "CIMB Clicks" mobile banking app).
- Jun 1 2008 merger of Bank CIMB Niaga + Bank Lippo → distinctive Indonesia's largest banking merger by capitalization at the time.
- Sep 26 1955 Bank Niaga founding + 2002 CIMB Group Bank Niaga ~52% acquisition — distinctive Malaysian-Indonesian banking acquisition.
Comparison
| Feature | CIMB Niaga / OCTO Mobile | [[mandiri]] (Indonesia #1 state-controlled rival) | [[bri]] (Indonesia #2 + largest microfinance rival) | [[bca]] (Indonesia #1 private + Hartono family rival) | [[maybank-indonesia]] (Maybank Indonesian subsidiary; M2U ID App rival) |
|---|---|---|---|---|---|
| Operator | PT Bank CIMB Niaga Tbk (IDX: BNGA) | PT Bank Mandiri (Persero) Tbk (IDX: BMRI; Govt Indonesia 60%+) | PT Bank Rakyat Indonesia (Persero) Tbk (IDX: BBRI; Govt Indonesia 53%+) | PT Bank Central Asia Tbk (IDX: BBCA; Hartono family ~54%) | PT Bank Maybank Indonesia Tbk (IDX: BNII) |
| Type | CIMB Group Indonesian subsidiary + CIMB Group ~92% controlling + one of Indonesia's largest private commercial banks + OCTO Mobile by CIMB Niaga distinctive Indonesian super-app + Q1 2025 35% YoY OCTO transaction volume growth + Rp 2.2T Q1 2025 net income | Indonesia #1 by assets state-controlled + Livin' by Mandiri 25M+ MAU | Indonesia #2 by assets state-controlled + Indonesia's largest microfinance bank + BRImo 40M+ MAU + 9,500+ branches | Indonesia #1 private + Hartono family controlling + myBCA 30M+ MAU | Maybank Indonesian subsidiary + Rp198.0 trillion assets + 278 Indonesian branches + 20 Shariah branches + 1 Mumbai India branch + M2U ID App |
| Country | ID | ID + 5+ countries | ID + 4+ countries | ID + 4+ countries | ID + IN (Mumbai) |
| Distinctive | Sep 26 1955 Bank Niaga founding; 2002 CIMB Group Bank Niaga ~52% acquisition; Jun 1 2008 Bank CIMB Niaga + Bank Lippo merger (Indonesia's largest banking merger by capitalization at the time); 2020 OCTO Mobile by CIMB Niaga launch; Q1 2025 35% YoY OCTO + internet banking transaction volume growth; Rp 2.2T Q1 2025 net income; CIMB Niaga + Sun Life Indonesia joint insurance venture | 1998 founding via 4 Indonesian state banks merger (Bank Bumi Daya + Bank Dagang Negara + Bank Exim + Bapindo) | 1895 founding as De Poerwokertosche Hulp-en Spaarbank der Inlandsche Hoofden (world's oldest microfinance bank) | 1957 founding by Sudono Salim (Liem Sioe Liong); 2003 Hartono family acquisition; 1998 Indonesian financial crisis BCA bailout | 1959 BII founding; 2008 Maybank USD 2.7B BII acquisition; 2015 BII → Maybank Indonesia rename |
Status
Active, CIMB Group's Indonesian subsidiary + one of Indonesia's largest private commercial banks [1, 2, 3, 4]:
- PT Bank CIMB Niaga Tbk (IDX: BNGA) since Sep 26 1955 Bank Niaga founding + 2002 CIMB Group Bank Niaga ~52% acquisition + Jun 1 2008 Bank CIMB Niaga + Bank Lippo merger.
- CIMB Group Holdings Berhad (Malaysia) ~92% controlling shareholder.
- OCTO Mobile by CIMB Niaga distinctive Indonesian super-app + Q1 2025 35% YoY OCTO transaction volume growth + Rp 2.2T Q1 2025 net income.
- OJK + BI regulated.
Sources
- 1 Aplikasi OCTO — CIMB Niaga
- 2 Digital Banking — CIMB Niaga
- 3 Transaksi OCTO Mobile CIMB Niaga Naik Signifikan di Tahun 2025 — Reportase Bali
- 4 OCTO by CIMB Niaga — Google Play
- id-cro In-corpus:
reports/countries/ID-indonesia.md
Source
Biography extracted from cimb-niaga.md. See matrix.md for standards-support matrix if present.