PT Bank Negara Indonesia (Persero) Tbk or BNI reaffirmed its commitment in providing added value and banking innovation by launching wealth management services, BNI Emerald Singapore on Friday, March 21, 2025.
This new service emphasizes BNI's dedication to being a trusted partner for priority customers while strengthening its position as a state-owned bank that goes global.
BNI President Director Royke Tumilaar emphasized that the launch of BNI Emerald Singapore reflects the bank's continuous efforts to innovate and compete with global and regional banks in the wealth management sector.
“Singapore, as a global financial center in Asia, is a strategic location to develop wealth management services. This service is designed for high-net-worth-individuals as well as the Indonesian diaspora who are accredited investors,” Royke Tumilaar said in a press release.
By partnering with Schroders and Fullerton Fund Management, BNI Emerald Singapore offers a number of exclusive services for Accredited Investors who have personal net assets of at least SGD 2 million or annual income of at least SGD 300,000.
Other than investment options, BNI Emerald Singapore also offers attractive interest rates for time deposits and provides more flexibility in managing financial portfolios.
“As a state-owned bank with a global vision, we are committed to providing world-class financial solutions tailored to the needs of our priority customers. This service not only strengthens our presence in Singapore, but also reinforces our role as a trusted partner for Indonesians who require wealth management services overseas,” he added.
The account opening of BNI Emerald Singapore requires a minimum deposit of USD 300,000 or equivalent. By joining BNI Emerald Singapore, customers will get Airport Limo service to and from Singapore Changi Airport. While customers who deposit more than USD 1 million will get other additional exclusive privileges. For more information, please visit BNI Singapore office.
The launch of BNI Emerald Singapore marks a further achievement in BNI's “Go Global” strategy. With this initiative, BNI not only increases its presence in Singapore, but also further emphasizes itself as an innovative and visionary bank, which is able to anticipate and adapt to customer needs in the midst of increasingly fierce global market competition.
Fullerton Fund Management Chief Business Development Officer, Mark Yuen said, as an Asia-based investment specialist that has won various awards in its field, Fullerton is well positioned to work with BNI in providing strategic investment solutions by capitalizing on opportunities in various markets and asset classes.
“We are excited to collaborate with BNI on the BNI Emerald Singapore initiative. We look forward to supporting BNI's global growth strategy and helping BNI customers achieve their long-term financial goals,” said Mark Yuen.
On the same occasion, Head of South Asia and CEO of Schroders Singapore, Lily Choh said that she would like to congratulate BNI on the launch of BNI Emerald Singapore which is a great achievement.
“We believe that with more than 200 years of investment management experience, Schroders can help navigate customers in today's complex financial market conditions. Through collaboration with BNI Singapore, it demonstrates a commitment to provide strategies in global public and private markets, including global equities and fixed income solutions to BNI customers in Singapore, and help customers unlock dynamic opportunities,” he said.