Wallets/maybank-indonesia
Maybank Indonesia / M2U ID App
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Overview
Maybank Indonesia is Indonesian subsidiary of Maybank (Malaysia's #1 bank by assets + market cap) [1, 2, id-cro]. Sep 2025 baseline: Rp198.0 trillion (USD 12.7B) total assets + Rp131.2 trillion customer deposits + 278 Indonesian branches including 20 Shariah branches + 1 Mumbai India branch + 22 Mobile Branches + 669 ATMs + M2U ID App distinctive Indonesian Maybank mobile banking app + Maybank Group ASEAN cross-border banking.
Distinctive Maybank Indonesia positioning [1, 2, 3]:
- Indonesian subsidiary of Maybank (Malaysia's #1 bank by assets + market cap)
- Sep 2025: Rp198.0 trillion (USD 12.7B) total assets + Rp131.2 trillion customer deposits
- 278 Indonesian branches including 20 Shariah branches + 1 Mumbai India branch + 22 Mobile Branches + 669 ATMs
- M2U ID App — distinctive Indonesian Maybank mobile banking app
- Maybank Indonesia Shariah banking distinctive — 20 Shariah branches Indonesian Islamic banking
- 2008 Maybank acquires Bank Internasional Indonesia (BII) for USD 2.7B — distinctive Malaysian-Indonesian banking acquisition
History
1959 — Bank Internasional Indonesia (BII) founded in Indonesia.
2008 — Maybank acquires Bank Internasional Indonesia (BII) for USD 2.7B (then RM 8.6B) from Sinar Mas Group — distinctive Malaysian-Indonesian banking acquisition.
2014 — M2U ID App mobile banking app launches.
2015 — Bank Internasional Indonesia (BII) renamed Maybank Indonesia — distinctive Indonesian banking brand consolidation.
Sep 2025: Rp198.0 trillion total assets + Rp131.2 trillion customer deposits + 278 Indonesian branches + 22 Mobile Branches + 669 ATMs [1, 2].
Ownership & operator
Operating entity: PT Bank Maybank Indonesia Tbk (IDX: BNII).
Major shareholders: Malayan Banking Berhad (Maybank; Malaysia's #1 bank by assets) ~78.98% controlling shareholder + UBS AG London Branch + Indonesian institutional + Indonesian retail public float.
Regulators: OJK (Otoritas Jasa Keuangan) + BI (Bank Indonesia).
Technical integration
M2U ID App mobile banking app (iOS + Android) + maybank.co.id online + Maybank Indonesia cards (Visa + Mastercard) + Maybank Indonesia 278-branch network + 22 Mobile Branches + 669 ATMs + 20 Shariah branches Indonesian Islamic banking + 1 Mumbai India branch (distinctive Indonesian banking India presence); QRIS + BI-FAST + Indonesian ACH (SKNBI) + Indonesian RTGS (BI-RTGS); Maybank Group ASEAN cross-border banking; Maybank Indonesia Shariah banking distinctive.
M2U ID App distinctive features: E-wallet top-up + Indonesian P2P + utility bill payments + investments + savings + transfers + credit card + loan management.
Users & growth
Sep 2025: Rp198.0 trillion (USD 12.7B) total assets + Rp131.2 trillion customer deposits + 278 Indonesian branches including 20 Shariah branches + 1 Mumbai India branch + 22 Mobile Branches + 669 ATMs.
Use cases
Indonesian retail + private + corporate + SME + investment + Islamic + insurance banking via M2U ID App + maybank.co.id online + cards + branches; QRIS + BI-FAST + Indonesian ACH + RTGS; Maybank Indonesia Shariah banking (20 Shariah branches Indonesian Islamic banking distinctive); Maybank Group ASEAN cross-border banking distinctive ASEAN regional integration.
Implementations & partners
Operator: PT Bank Maybank Indonesia Tbk (IDX: BNII); Malayan Banking Berhad (Maybank) ~78.98% controlling shareholder.
Major Indonesian banking competitors: [[mandiri]] (Bank Mandiri; Indonesia #1 by assets + state-controlled) + [[bri]] (Bank Rakyat Indonesia; Indonesia #2 by assets + state-controlled + Indonesia's largest microfinance bank) + [[bca]] (Bank Central Asia; Indonesia #1 private + Hartono family) + [[bni]] (Bank Negara Indonesia; Indonesia #4 by assets + state-controlled) + [[cimb-niaga]] ([[cimb]] Indonesian subsidiary) + [[ocbc-nisp]] ([[ocbc]] Indonesian subsidiary) + [[panin-bank]] + [[btpn]] (post-2019 Sumitomo Mitsui + Bank Sumitomo Mitsui Indonesia merger).
Maybank Group sister entities: [[maybank]] (Malaysia parent) + [[maybank-singapore]] + Maybank Philippines + Maybank Cambodia + Maybank Vietnam + Maybank PNG + Maybank Brunei + Maybank Myanmar + Maybank Laos + Maybank China + Maybank Hong Kong.
Regulators: OJK + BI.
Fun facts
- Indonesian subsidiary of Maybank (Malaysia's #1 bank by assets + market cap).
- Sep 2025: Rp198.0 trillion (USD 12.7B) total assets + Rp131.2 trillion customer deposits.
- 278 Indonesian branches including 20 Shariah branches + 1 Mumbai India branch + 22 Mobile Branches + 669 ATMs.
- M2U ID App — distinctive Indonesian Maybank mobile banking app.
- 2008 Maybank acquires Bank Internasional Indonesia (BII) for USD 2.7B from Sinar Mas Group — distinctive Malaysian-Indonesian banking acquisition.
- Maybank Indonesia Shariah banking distinctive — 20 Shariah branches Indonesian Islamic banking.
- 1 Mumbai India branch — distinctive Indonesian banking India presence (rare for Indonesian bank).
Comparison
| Feature | Maybank Indonesia / M2U ID App | [[mandiri]] (Indonesia #1 state-controlled rival) | [[bri]] (Indonesia #2 + largest microfinance rival) | [[bca]] (Indonesia #1 private + Hartono family rival) | [[cimb-niaga]] ([[cimb]] Indonesian subsidiary rival) |
|---|---|---|---|---|---|
| Operator | PT Bank Maybank Indonesia Tbk (IDX: BNII) | 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 CIMB Niaga Tbk (IDX: BNGA; CIMB Group 92%+) |
| Type | Maybank Indonesian subsidiary + Rp198.0 trillion assets + 278 Indonesian branches + 20 Shariah branches + 1 Mumbai India branch + M2U ID App | 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 | CIMB Indonesian subsidiary + OCTO Mobile 5M+ MAU |
| Country | ID + IN (Mumbai) | ID + 5+ countries | ID + 4+ countries | ID + 4+ countries | ID + 4+ countries |
| Distinctive | 1959 BII founding; 2008 Maybank USD 2.7B BII acquisition; 2015 BII → Maybank Indonesia rename; Maybank Group ASEAN cross-border banking; Maybank Indonesia Shariah banking 20 Shariah branches; 1 Mumbai India branch distinctive Indonesian banking India presence; M2U ID App | 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 | 2008 merger of Bank CIMB Niaga + Bank Lippo (Indonesia's largest banking merger by capitalization at the time) |
Status
Active, Indonesian subsidiary of Maybank (Malaysia's #1 bank by assets + market cap) [1, 2, 3]:
- PT Bank Maybank Indonesia Tbk (IDX: BNII) since 1959 BII founding + 2008 Maybank USD 2.7B BII acquisition + 2015 BII → Maybank Indonesia rename.
- Sep 2025: Rp198.0 trillion (USD 12.7B) total assets + Rp131.2 trillion customer deposits + 278 Indonesian branches.
- M2U ID App distinctive Indonesian Maybank mobile banking app.
- OJK + BI regulated.
Sources
- 1 Maybank Indonesia — corporate information
- 2 M2U ID App — Maybank Indonesia
- 3 Maybank Indonesia — official
- id-cro In-corpus:
reports/countries/ID-indonesia.md
Source
Biography extracted from maybank-indonesia.md. See matrix.md for standards-support matrix if present.