It is the sixth largest bank in Indonesia by asset size.
[2] In December 2017, Japan's Mitsubishi UFJ Financial Group (MUFG) bought a 19.9% stake in Danamon from Temasek Holdings for Rp 15.875 trillion ($1.17 billion).
[3] In April 2019, MUFG announced the merger of Danamon and Bank Nusantara Parahyangan (BNP).
The merger resulted in MUFG becoming the majority shareholders with 94.1% stake of Bank Danamon.
[4] In December 2019, Danamon sold most of its share of Adira Insurance to Zurich Insurance Company, making Danamon a minority shareholder.