Bank Sumsel Babel was established on November 6, 1957 based on the Decree of the Commander in Chief of the Regional Warfare of Sriwijaya Level I South Sumatra, Deed of Notary Tan Thong Ke, and permission from the business from the Minister of Finance at that time.
In 1962, since the enactment of Law Number 13 of 1962 concerning Regional Development Banks, the Sumsel Babel Bank officially became the property of the Regional Government of South Sumatra Province with the status of a Regional company.
After experiencing several changes, most recently since the enactment of Law Number 7 of 1992 concerning banking and in accordance with Regional Regulation No. 6 of 2000 dated May 19, 2000, Bank Sumsel changed the form of legal entity from a Regional Company to a Limited Liability Company with the Deed of Establishment No. 20 dated 25 November 2000 and the approval of the Deputy Governor of Bank Indonesia No.3/2/KEP.DpG/2001 dated 24 September 2001.
The change in legal entity took effect on October 1, 2001, with various fundamental and comprehensive changes that made Bank Sumsel more professional and able to compete in the era of regional autonomy.
A glance of the bank name changes to Bank Sumsel Babel
Bank Sumsel changed its name to Bank Sumsel Babel
Vision
Becoming a Leading and Trusted Bank with Superior Performance Based on Digital Services
Mission
Majalah Finansial Bank SUMSEL BABEL adalah majalah internal Bank SUMSEL BABEL yang merupakan alat komunikasi internal perusahaan yang dibuat untuk menjalin komunikasi antar stakeholder, manajemen, Nasabah dan masyarakat guna menunjang kelancaran pengembangan bisnis.