Offering Flexible Banking Solutions to Meet the Needs of Corporate Banking Customers

Jakarta, 12 April 2016.PT Bank Danamon Indonesia, Tbk. ('Danamon') today strengthens its partnership with Meratus Line, one of Indonesia's largest domestic shipping companies, in an event called 'Appreciation Ceremony Danamon - Meratus Line.' Danamon has become one of Meratus Line's main banks and has been in partnership with the company since 2011. Danamon's flexible service is the key factor behind the partnership.

'We appreciate the trust given to us by Meratus Line for the past five years. Today's initiative is to strengthen Danamon's commitment to provide a dynamic banking solution to Meratus Line and our other customers,' said Yen Yen Setiawan, Transaction Banking Head Danamon.

One of the key services provided by Danamon is the trade finance facility in Chinese Yuan. 'This service is made available considering that China is one of Indonesia's most important trading partners. We hope that this service can support Meratus Line and other businesses in the Indonesian shipping and maritime industry to growth their business activities,' added Yen Yen.

Charles Menaro, Meratus Line's President Director, appreciates Danamon's efforts in providing dynamic banking solution and meeting the needs of customers. The solutions provided by Danamon are important for the agility of the company, especially amid challenging economic conditions and tight competition.

In addition to the trade finance facility in Chinese Yuan, part of the dynamic banking solution provided by Danamon includes a hedging product to minimize the risk of volatility between Rupiah's and Yuan's exchange rates. Danamon is also committed to invest sustainably in information technology to support its dynamic banking solution.

About Danamon:
 PT Bank Danamon Indonesia, Tbk. ('Danamon') was established in 1956 and as of December 31, 2015 operates a network of 1,901 including among others conventional branches, Danamon Simpan Pinjam (DSP) and Syariah units as well as its subsidiaries branches. As of December 31, 2015, Danamon provides its customers with more than 60,000 ATMs, including through its association with ATM Bersama and ALTO, in all 34 provinces in Indonesia. Danamon manages around IDR 188 trillion in assets as of 31 December 2015.

Danamon is also the sole license holder of Manchester United cards in Indonesia, and the issuer of Manchester United ATM/Debit cards and credit cards.

PT Adira Dinamika Multi Finance, Tbk. (Adira Finance), the automotive financing subsidiary of Danamon, operates an extensive branch network in more than 260 cities in Indonesia. Danamon is also the majority owner of PT Asuransi Adira Dinamika (Adira Insurance), a general insurance company and PT Adira Quantum Multifinance (Adira Kredit), a durable goods financing company.

As of December 31, 2015, Danamon was 67.37% owned by Asia Financial (Indonesia) Pte. Ltd., 6.81% by JPMCB-Franklin Templeton Investment Funds and 25.82% by the Public.
For further information regarding Danamon, please visit Danamon's corporate website at:www.danamon.co.id.

PT Bank Danamon Indonesia Tbk issued this content on 12 April 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 13 April 2016 10:49:21 UTC

Original Document: http://www.danamon.co.id/Home/AboutDanamon/News/tabid/351/mid/971/newsid971/1026/language/en-US/Default.aspx