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Jakarta Post

Danamon Syariah and Indosat unite for cash management

Bank Danamon Indonesia - Syariah Business Directorate and Indosat has signed a cooperation agreement to let Danamon Syariah provide access to an integrated and personalized cash management for Indosat Prepaid voucher dealers and sub-dealers, the first comprehensive sharia-based financial service in the nation

(The Jakarta Post)
Tue, January 19, 2010

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Danamon Syariah and Indosat unite for cash management

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ank Danamon Indonesia - Syariah Business Directorate and Indosat has signed a cooperation agreement to let Danamon Syariah provide access to an integrated and personalized cash management for Indosat Prepaid voucher dealers and sub-dealers, the first comprehensive sharia-based financial service in the nation.

Signed on Jan. 14, the agreement aims to enhance convenience and speed for Indosat's dealers, leveraging on Danamon's vast distribution network.

"Through this cooperation agreement, we will contribute to Indosat's efforts in providing its customers with ease in daily business and financial transactions," said Sebastian Paredes, Danamon president director.

Dealers using Danamon Syariah's cash management online banking system will be able to make payments and receive credits in real-time, while Indosat's customers can enjoy ease in routine financial management through personalized transactions, detailed data of credit transaction and record-keeping.

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