SOFTSKILL BAHASA INGGRIS 2 ARTICLE - BANK ASING (PENGULANGAN KELAS)

NAMA            : ABDUL RAHIM NAWAWI

NPM               : 11209660

KELAS           : 1EA21 (KELAS PENGULANGAN)

Bank CIMB Niaga was established on 26 September 1955 under the name of Bank Niaga. At the beginning of the decade, the main focus is on building core values ​​and professionalism in banking. As a result, Bank Niaga is widely known as a provider of quality products and services are reliable. In 1987, Bank Niaga distinguished itself from its competitors in the domestic market by being the first bank offers its clients banking services through ATM machines in Indonesia. This achievement is widely known as Indonesia's entry into the world of modern banking. Bank leadership in the application of the latest technology is increasingly recognized in 1991 by being the first to provide its customers online banking services.

Commerce Bank became a public company on the Jakarta Stock Exchange and Surabaya Stock Exchange (now Indonesia Stock Exchange / IDX) in 1989. The decision to become a public company is a milestone for the Bank to increase access to broader financing. This step is to be a catalyst for development in the Bank's network throughout the country. The Government of the Republic of Indonesia for some time had become the majority shareholder of Bank CIMB Niaga current financial crisis in the late 1990s. In November 2002, Commerce Asset-Holding Berhad (CAHB), now known as CIMB Group Holdings Berhad (CIMB Group Holdings), acquired a majority stake of Bank Niaga Bank Restructuring Agency (IBRA). In August 2007, all shares changed hands to the CIMB Group as part of an internal reorganization to consolidate the activities of all subsidiaries of CIMB Group's universal banking platform. In a separate transaction, Khazanah which is the majority shareholder of CIMB Group Holdings acquired majority ownership of Lippo Bank on September 30, 2005. This whole ownership changed hands belong CIMB Group on 28th October 2008 as part of the same internal reorganization. As the controlling shareholder of Bank Niaga (via CIMB Group) and Lippo Bank, since 2007 Khazanah looked merger (merger) as an effort that must be taken in order to comply with the single presence policy (SPP) which has been set by Bank Indonesia. The business case is the first merger in Indonesia related to the SPP policy.

In May 2008, the name changed to Bank Niaga Bank CIMB Niaga. Agreement Merger Plan Bank CIMB Niaga and Lippo Bank was signed in June 2008, followed by the Application for Approval of Plan of Merger of Bank Indonesia and the issuance of the Notice of Approval of the Merger by the Ministry of Justice and Human Rights in October 2008. Lippo Bank officially merged into Bank CIMB Niaga on November 1, 2008 (Legal Day 1 or LD1) which was followed by the introduction of a new logo to the public. Joining Lippo Bank into Bank CIMB Niaga is a huge leap in the banking sector of Southeast Asia. Bank CIMB Niaga now offers its customers comprehensive banking services in Indonesia by combining strengths in the areas of retail banking, SME and corporate and payment transaction services. Merger makes Bank CIMB Niaga become the 5th largest bank in terms of assets, financing, credit and extensive network of branches. With its commitment to integrity, perseverance to put a major concern for customers and spirit to continue to excel, Bank CIMB Niaga will continue to utilize all its resources to create synergies from this merger. Totals are the core values ​​of Bank CIMB Niaga and an obligation that must be met for a very promising future.