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Wednesday, 30 April 2014, 20:00 HKT/SGT
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Source: JCB
Bank Negara Indonesia Launches JCB Platinum Card Issuing

TOKYO & JAKARTA, Apr 30, 2014 - (ACN Newswire) - PT JCB International Indonesia, subsidiary of JCB International Co., Ltd., the international operations arm of JCB Co., Ltd. (hereinafter collectively "JCB"), and Bank Negara Indonesia ("BNI") are pleased to announce the launch of the Kartu Kredit BNI JCB Platinum card. BNI is accepting applications for the new card starting today.

Bank Negara Indonesia Launches JCB Platinum Card Issuing

BNI was the first bank in Indonesia, established by the government in 1946, and now has a nationwide network of 1,694 outlets spread throughout 34 provinces and 384 counties in Indonesia and 11,175 ATMs serving the Indonesian people. BNI is one of the top ranked in the credit industry as well, having issued 1.7 million cards to consumers and acquiring credit transactions at 40,000 merchants. JCB cards are today issued in 16 countries with 83 million cardmembers and accepted at 24 million merchants in 190 countries and territories around the world. JCB entered into the Indonesian market in 1983 to expand JCB card acceptance and JCB card issuing to residents of Indonesia was launched in 1996. JCB and BNI signed an issuing and acquiring license agreement in May 2013, culminating in the launch of the new Platinum card.

The Kartu Kredit BNI JCB card offers premium services to define consumers, based on the concept of Indonesia-Japan fusion. Cardmembers have free access to selected airport lounges in Indonesia and at some popular destinations abroad, and those spending a threshold amount will receive a free travel package to Japan[1]. The cards have many other privileges including special offers such as cashback and discounts at more than 700 BNI and JCB privilege merchants in Indonesia, such as hotels, golf courses and Japanese restaurants. Cardmembers also can have advantage and special offers at around 1,600 JCB merchants worldwide as well as the exclusive JCB Plaza Lounges located in popular destinations including Singapore, Hong Kong and Paris.

BNI Vice President Director, Felia Salim said, "Collaboration between BNI and JCB is a new breakthrough to deepen their customer base in the retail sector. JCB itself is widely known as a provider of international payment services, so that this cooperation brings satisfaction to customers BNI. This cooperation is expected to increase the level of BNI's credit card ownership, which in turn will increase the influx of cheap funds to BNI." "We believe this partnership will be able to encourage the public's desire to try new products from BNI," she said.

Kimihisa Imada, Deputy President of JCB International said, "Indonesia's credit card market has high potential for the future as the national economy and consumer affluence continue to grow, and JCB is forming partnerships with major financial institutions in the country to build card business. BNI has launched the Kartu Kredit BNI JCB Platinum card providing high-quality services based on the new concept of Indonesia-Japan fusion to serve the needs of the expanding affluent consumer segment."

[1] Conditions apply.

About JCB

JCB is a major global payment brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes over 24 million merchants and over a million cash advance locations in 190 countries and territories. JCB cards are now issued in 16 countries and territories, with more than 83 million cardmembers. As part of its international growth strategy, JCB has formed alliances with more than 350 leading banks and financial institutions globally to increase merchant coverage and cardmember base. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide. For more information, visit: www.jcbcorporate.com/english

About Bank Negara Indonesia

BNI is one of the largest banks in Indonesia, which up till the end of the first quarter of 2014 has 1,694 outlets spread throughout 34 provinces and 384 counties in Indonesia. To expand its services to the Indonesian people, BNI has also constructed 24 credit centres for Small-Medium Enterprises, 58 Small-Credit Centres, 111 Small Credit Units, 12 Consumer Credit Centres spread throughout Indonesia.

In addition, BNI also has five overseas branch offices located in London, New York, Tokyo, Singapore and Hong Kong, as well as a sub-branch in Osaka, a Limited Purpose Branch in Singapore and Remittance Representatives in Malaysia, Saudi Arabia, Qatar, Uni Arab Emirates, and the United States of America.

In terms of its electronic network, up till the end of the first quarter of 2014, BNI has 11,175 ATMs spread throught 34 provinces and 420 counties. This ATM network is further strengthened by BNI's participation in several cross-banking networks, with 43,191 units of ATM LINK, 64,471 units of ATM Bersama, and 71,369 uits of ATM Bersama.

BNI also has a 24-hour phone banking facility accessible through BNI Call 500046 or through (021)500046 / 68888 from mobile phones. SMS banking and Internet Banking is also available at www.bni.co.id with hundreds of transactional features.

For business customers, BNI provides cash management and online, trade finance, international trade and remittance services supported by an international network of 1.637 correspondents spread throughout the world, both bank and non-bank. BNI's stocks has been listed in the Indonesian Stock Exchange with the code BBNI since the year 1996.

For further information, please contact:

BNI Corporate Secretary
Tribuana Tunggadewi
Phone: +6221 5728387
Email: tribuana.tunggadewi@bni.co.id

JCB International Co., Ltd.
Ayako Tanaka, Corporate Planning
+81-3-5778-8390
jcbinternational-pr@info.jcb.co.jp

PT. JCB International Indonesia
Jendrawan Sukria, Manager, Cards & Product Development
Asyifa Kirana, Assitant Manager, Cards & Product Development
+62-21-3193-8104
Jendrawan.s@jcb-intl.com, asyifa.kirana@jcb-intl.com

Topic: New market for product
Source: JCB

Sectors: Cards & Payments, Daily Finance, Daily News
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