Commonwealth Bank had a presence in Indonesia through its subsidiary PT Bank Commonwealth until May 2024. As of today, Commonwealth Bank no longer has a direct presence in Indonesia.
СommBank had more than 80 branches and 100 ATMs across Indonesia, providing a full range of services to personal clients and corporates.
In May 2024, Australia's Commonwealth Bank completed the sale of 99% of its stake in PT Bank Commonwealth to OCBC Indonesia. Accordingly, PT Bank Commonwealth became fully owned by OCBC Indonesia. If we talk about bank customers, they were integrated into the OCBC system.
For more detailed information about the deal and the future fate of former clients of the Australian PT Bank Commonwealth, please visit the official website ocbc.id.
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