About Bank Financial Institution

Name: Aisyah Rizana Rahmah (10213505)
Class: 4EA18
Bank Financial Institution (LKB)
Financial institution with the form of a bank. Bank is a financial institution
Collect and accept the community or receive money from the community later
Will be channeled to communities in need of funds in credit or form
Borrowing money, and also issuing promissory notes (banknote) to improve the standard of living
wide community.

The types of bank financial institutions consist of:
1) Commercial Bank (Conventional and Sharia),
2) Rural Banks (Conventional and Sharia).
3) BI

1. Commercial Bank
Commercial Banks according to Law Number 7 of 1992 concerning banking as amended by Act Number 10 of 1998, are banks conducting conventional and / or sharia-based business activities which in their activities provide services in the payment traffic. The nature of the services provided is common. Commercial Banks are often also called Commercial Banks

Examples of commercial banks in Indonesia
• Government banks, such as BRI, BNI, BTN.
• Regional Development Bank (BPD), such as BPD DKI Jakarta.
• Foreign Exchange National Private Bank, such as BCA, NISP, Bank Danamon.
• National Private Bank Non-Foreign Exchange.
• Mixed Bank, for example Sumitomo Niaga Bank.
• Foreign Banks, such as Bank of America, Bank of Tokyo.

Commercial banks are called Foreign Exchange Banks and Non-Foreign Exchange Banks:
• Foreign Exchange Commercial Bank means the scope of its operational motion to overseas.
• Non-Foreign Exchange Bank means the scope of its operational activities within the country only.

3. Bank Syariah.
Financial institutions whose main business is to provide credit and other services in the traffic payments and money operations that are in accordance with the principles of sharia

Examples of Sharia Banks
• Bank Muamalat
• Bank Mandiri Syariah
• BNI Syariah

2. Rural Bank (BPR)
According to Act Number 7 of 1992 concerning Banking, the term Rural Bank is a bank that accepts deposits only in the form of time deposits, savings and or other similar forms.

Sample BPR
• Lumbung Pitih Nagari (LPN)
• Village Credit Institution (LPD)
• Village Credit Agency (BKD)
• Kecamatan Credit Board (BKK),
• Village Production Work Bank (BKPD)
• Bank Jabar
• Bank Jateng

3. BI or Central Bank
    Banks that can create means of payment in the form of currency or demand deposit, and are a common center of money control in the State and supervisors of the conventional banks.

Example of a Central Bank in Indonesia
• BI (Bank Indonesia)
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