Indonesia

Awards of Excellence
Asian regional awards

Best Bank: Bank Danamon Best Equity House: Deutsche Bank Best Debt House: UBS Best M&A House: Credit Suisse

Bank Danamon, controlled indirectly by Singapore’s Temasek Holdings, is Indonesia’s best bank. The fifth-largest commercial bank in Indonesia, Danamon boasts the widest geographic distribution network, with 500 branches and almost 800 ATMs. In fiscal year 2006, Danamon reported a 23% increase in operating income, a 14% increase in pre-tax profit and a return on average equity of 16.5%.