CHAPTER II LITERATURE REVIEW
A. General figure of company
1. Background of PT. Bank Negara Indonesia BNI
Established in 1946 as the first bank formed and owned by the Indonesian government, BNI used to call by its unabbreviated name of Bank Negara
Indonesia. Historical records show that on the eve of the 30
th
of October 1946, only a few months after its formal establishment, the bank distributed the first currency
bills ever issued by the Indonesian government, known as ORI, or oeang republic Indonesia.
This day is commemorated annually as the national finance day, while the date of the bank’s establishment, the 5
th
of July was assigned as national bank day.
Following the appointment of the Dutch inherited de javasche bank as Indonesia’s central bank in 1949, Bank Negara Indonesia’s role as the circulation
and central bank was terminated. The bank was instead designated as a development bank, and was later given the right to provide foreign reserve
services, thus allowing direct foreign transactions. In 1955, along with increased capitalization, the bank’s legal status was
formally changed into that of a state owned commercial bank. This became the foundation for the bank to provide a better and wider scope of assistance for the
countries national business.
By the last quarter of 1968, the bank decided to attach its year of established to its name s a part of its corporate identity, officially changing the corporate
name into Bank Negara Indonesia. The bank was then widely referred to as ‘BNI 46’ for several decades. The simpler name of ‘Bank BNI’ was adopted in 1998
along with the change of the corporate identity. BNI legal status was upgrade in 1992 into a state owned limited corporation
with the name of PT. Bank Negara Indonesia PERSERO, while the bank decision to become a public company was manifested through an initial public
offering of its shares in 1996. BNI ability to adapt to environmental, socio-cultural and technological
advances is reflected through the continuous refinement of its corporate identity over time, which signifies the bank dedication and commitment to continuous
improvement of performance. A refine corporate identity was introduces in 2004, reflecting positive future
prospects after a year of struggle through a period of hardship. A shorter name of ‘BNI’ replaced the former ‘BANK BNI’, while the year of establishment ‘46’ was
exposed through the logo mark, as a reinforcement of the pride of being the country first national bank.
Maintaining the spirit of the heroic national struggle that is rooted in its history, BNI strives to provide the best services for the country, to become the
pride of nations, today and always.
2. Vision and Mission of BNI