It is regarded as one of the most innovative banks in the country. The majority of its equity is held by CIMB Group. Having its corporate head office in Jakarta, Indonesia, CIMB Niaga is now the fifth largest bank in the country in terms of assets, deposits, lending, and branch distribution network. Bank Niaga was the first local bank to introduce ATM services and e banking system in the whole of the country. During the same year, Lippo Bank also merged into CIMB Niaga and thus launched its new logo on November 1, 2008. With the acquisition of Bank Niaga by CIMB Group Holdings Berhad in 2008, it was re-branded to PT Bank CIMB Niaga Tbk. It was not until 2008 that Bank Niaga carried on its business with the brand name PT Bank Niaga Tbk. CIMB Niaga, CIMB Bank Niaga Online Banks GuideĬIMB Niaga was earlier known as Bank Niaga which was established in 1955 as a private national bank in Indonesia.