History of Establishment (1962)
Bali Regional Development Bank was established on June 5, 1962 by Ida Bagus Ketut Rurus Deed No. 131. With the enactment of Law Number 13 Year 1962 concerning Basic Regional Development Bank Bali then the deed is canceled and further based on Regional Regulation Number 6/DPR.DGR/1965 On February 9, 1965 Bali Regional Development Bank was established with the legal form of regional enterprises.
Changes in the Company Law Board (2004)
Changes in legal form the Regional Development Bank Bali to a Limited Liability Company (PT) based on the Deed of Establishment No. 7 dated May 12, 2004 made in front of Ida Bagus Alit Sudiatmika, SH, Notary in Denpasar which has received authorization from the Minister of Justice and Human Rights Republic of Indonesia by virtue of a No decision. 12858HT.01.01.TH C-2004 dated May 21, 2004, Supplement to State Gazette of RI No. 50 dated June 22, 2004, and has been adapted by Act No. 40 of 2007 regarding Limited Liability Company by Deed. 25 dated August 8, 2008 made by I Made Widiada, SH, Notary in Denpasar authorized the Minister of Justice and Human Rights Republic of Indonesia based on Decree No. AHU-63398.AH.01.02. Year 2008 September 15, 2008, Supplement to State Gazette of RI No. 81 dated October 7, 2008; and has undergone changes with the latest Act No. 66 of the Minutes of the Extraordinary Meeting of Shareholders of Regional Development Bank of Bali on August 20th, 2012 made by I Made Widiada, Bachelor of Law, Notary in Denpasar.
Increased Activity (2004)
In 2004 the activity of PT. Regional Development Bank Bali to be upgraded from a Commercial Bank Commercial Bank Foreign Exchange under the approval of the Senior Deputy Governor of Bank Indonesia Number 6/32/KEP.DGS/2004 dated 11 November 2004.
Capital Improvement Company
To enhance the business activities of PT. Regional Development Bank Bali's capital base is the beginning of establishment Rp.75.000.000.000, 00 increased to Rp. 250,000,000,000.00.
In the year 2008 based on the Deed No. 25 dated August 8, 2008 regarding the Annual General Meeting of Shareholders on May 25, 2010 set the authorized capital of the Company amounted to Rp.1.000.000.000.000, 00 (one trillion rupiah). And in accordance with the Deed No. 79 dated March 28th, 2014, changed the company's articles of association to Rp 2,000,000,000,000.00 (two trillion rupiah)