PT Bank Pembangunan Daerah East Kalimantan and North Borneo abbreviated as PT BPD Kaltim Kaltara as Bankaltimtara, is one of the Regional Enterprise owned by the Government of East Kalimantan Province, the Provincial Government of North Borneo, District / City in East Kalimantan and the District / State se Kalimantan Utara with the form of legal entity Limited Liability Company.

Officially operated on October 14, 1965, inaugurated by the Governor of KDH Tk. I Kalimantan Timur Bpk. A. Moeis Hasan, with legal umbrella in the form of East Kalimantan No. 1 Regional Regulation. 3 / PD / 64 dated September 19, 1964 approved by the Minister of Home Affairs through decree No. 9/10 / 8-45 dated April 1, 1965, and a business license from the Minister for the Central Bank / Bank Indonesia Kep. 95 / PBS / 65 dated September 21, 1965.

Local Regulation no. 03 / PD / 64 as the articles of association of the Bank has been amended several times, most recently regulated in the East Kalimantan Provincial Regional Regulation No. 02 of 2002 concerning the Regional Development Bank of East Kalimantan, as last amended by Regional Regulation No. 02 Year 2010. In order to change the legal entity of the Bank to become a Limited Liability Company, the Regional Regulation has been revoked and replaced with Regional Regulation of East Kalimantan Number 08 Year 2016 dated November 11, 2016 on Changes in Legal Entity Form Regional Development Bank of East Kalimantan from Regional Company Regional Development Bank of East Kalimantan to Limited Liability Company Regional Development Bank of East Kalimantan and North Kalimantan.

The initial mission of its establishment as stipulated in Act Number 13 of 1962 concerning Basic Provisions of Regional Development Banks is as a Regional Development Agent, with a view to providing financing for the implementation of regional development efforts within the framework of the National Development Planning.

In accordance with the articles of association, the Bank was established with the intent and purpose to assist and encourage economic growth and regional development in all fields as well as one source of local revenue in order to improve people's lives.

As a means of regional autonomy, PT BPD Kaltim Kaltara has a duty: as a driver and driver of the pace of regional development; the holder and / or deposit of regional money; as well as one source of local revenue.

When it was first established in 1965, the authorized capital of the Bank according to Regional Regulation no. 3 / PD / 64 shall be stated at Rp 100,000,000.00, whereby to obtain such capital, the Bank sells shares to the Government as well as to Private Parties.

Government policy action in the monetary field in 1966 that changed the value for money of Rp 1,000 - Rp 1, - causing Paid in Capital position December 31, 1966 amounted to USD 94392.50 composition:

Capital OwnerPaid-up CapitalPercentage
Provincial Government
Rp  83.104,50
83,10 %
Local Government Level IIRp  4.000,00
4,00 %
Private / IndividualRp  7.288,00
7,29 %
Saham dalam Portepel (belum disetor)Rp  5.607,50
5,61 %
AmountRp 100.000,00
100,00 %

By the end of the 1970s all private / private capital was repurchased by the Local Government, so that all Paid-in Capital now is 100% owned by the Regional Government with Authorized Capital of Rp 10,000,000,000,000 (ten trillion rupiahs).

In accordance with Bank Indonesia letter No. 5/48 / KEP.DGS / 2003 dated November 13, 2003, PT BPD Kaltim Kaltara has increased its operational status to a Foreign Exchange Bank, and based on a Principle License from Bank Indonesia. 8/5 / DS / Smr dated November 27, 2006 and Operational Permit no. 8/7 / DS / Smr dated December 22, 2006, since 27 December 2006, the Sharia Business Unit has been officially operated.

In 2017 at the age of 52 years, an important momentum for the repositioning of the Bank's business activities is by changing the form of legal entity of the Bank from Regional Company to Limited Liability Company and Bank name change by accommodating the name of North Borneo in Bank identity so that it transforms into PT. Regional Development Bank of East Kalimantan and North Kalimantan abbreviated as PT. BPD Kaltim Kaltara as Bankaltimtara with some of the following legality documents:

Decree of the Minister of Justice and Human Rights of the Republic of Indonesia Number: AHU-0041890.AH.01.01.Tahun 2017 dated September 23, 2017 on Approval of Establishment of Limited Liability Company PT Bank Pembangunan Daerah East Kalimantan and North Kalimantan.

Decision of Deputy Commissioner of Supervisor of Banking I Financial Service Authority Number KEP-16 / PB.1 / 2017 dated October 16, 2017 regarding the Change of Name and Form of Legal Entity (Business License Transfer) PD Regional Development Bank of East Kalimantan become PT Bank Pembangunan Daerah Kalimantan Timur and Kalimantan North.

Deed of Notary Samsir, Bachelor of Law, Notary in Bontang Number 12 dated 14 September 2017 regarding Establishment of PT. Regional Development Bank of East Kalimantan and North Kalimantan.