Private company
Bank in Netherlands East Indies and Indonesia
The Bank of Java (Dutch: De Javasche Bank N.V., abbreviated as DJB) was a note-issuing bank in the Dutch East Indies, founded in 1828, and nationalized in 1951 by the government of Indonesia to become the newly independent country’s central bank, later renamed Bank Indonesia. For more than a century, the Bank of Java was the central institution of the Dutch East Indies’ financial system, alongside the “big three” commercial banks (the Netherlands Trading Society, the Nederlandsch-Indische Handelsbank, and the Nederlandsch-Indische Escompto Maatschappij).2 It is headquartered in Batavia.1 It ceased to exist in 1953.1 Wikipedia text CC BY-SA 4.0
Last updated Oct 21, 2026.
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The Bank of Java (Dutch: De Javasche Bank N.V., abbreviated as DJB) was a note-issuing bank in the Dutch East Indies, founded in 1828, and nationalized in 1951 by the government of Indonesia to become the newly independent country’s central bank, later renamed Bank Indonesia. For more than a century, the Bank of Java was the central institution of the Dutch East Indies’ financial system, alongside the “big three” commercial banks (the Netherlands Trading Society, the Nederlandsch-Indische Handelsbank, and the Nederlandsch-Indische Escompto Maatschappij). It was both a note-issuing bank and a commercial bank.2
The first bank founded in the Indonesian archipelago was the Bank van Courant, established in 1746, to support trading activity. In 1752, it was renamed De Bank van Courant en Bank Van Leening (lit. 'Bank of current [accounts] and loans'), and was given a mandate to extend loans to employees of the Dutch East India Company. In 1818, that institution closed as a consequence of financial crisis.
From Wikipedia’s article on Bank of Java, shared under CC BY-SA 4.0.3
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