Moon Banking

Allo Bank Indonesia

in Indonesia 🇮🇩

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About Allo Bank Indonesia in Indonesia

Allo Bank Indonesia is a digital bank operating in Indonesia that focuses exclusively on providing banking services through mobile and online platforms. Owned by Mega Corpora (part of CT Corp, controlled by businessman Chairul Tanjung), Allo Bank is a member of the Mega Corpora Banking Group (Kelompok Usaha Bank or KUB Mega Corpora). The bank offers a comprehensive range of digital financial services including savings accounts, time deposits, e-wallet solutions, and buy-now-pay-later (BNPL) credit facilities.

As of 2024, Allo Bank reported assets of approximately IDR 13.31 trillion and net profit of IDR 467 billion. The bank has experienced rapid customer growth, reaching 10 million users by 2025, up from 3.5 million in 2023 and 1 million at its initial launch in May 2022.

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