Bank Sumsel Babel

Type: Regional Development Bank

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About Bank Sumsel Babel

Founded	1961
Headquarters	Palembang, South Sumatra, Indonesia
Market share	As a regional bank, it plays a significant role in local economic development, competing with other regional banks.
Major competitors	Bank BRI Bank Mandiri Bank Central Asia
Notable partnerships	Local government initiatives for economic development. Collaboration with fintech companies to enhance service delivery.
Recent developments	Expansion of digital banking services. Partnerships with local businesses to enhance financial services.
Regulations	Operates under the regulations set by Bank Indonesia and the Financial Services Authority (OJK).
Official website	https://www.banksumselbabel.co.id

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