# Bank BNI Iskandar Muda

> office bank in North Sumatra

**Wikidata**: [Q106401907](https://www.wikidata.org/wiki/Q106401907)  
**Source**: https://4ort.xyz/entity/bank-bni-iskandar-muda

## Summary
Bank BNI Iskandar Muda is a financial institution located in Medan, North Sumatra, Indonesia. It operates as a branch office of the larger BNI (Bank Negara Indonesia) network and serves local banking needs in the region. The bank accepts deposits, offers financial services, and functions within the broader scope of Indonesian bank operations.

## Key Facts
- Instance of: bank
- Country: Indonesia
- Located in: Medan, North Sumatra
- Coordinates: Latitude 3.5830934896765037, Longitude 98.6608941260812
- Industry: Bank operations
- Wikidata Description: Office bank in North Sumatra
- Related class: Financial institution that accepts deposits
- Sitelink count for related class: 169

## FAQs
### What is Bank BNI Iskandar Muda?
It is a branch office of Bank Negara Indonesia located in Medan, North Sumatra. It functions as a local financial institution providing standard banking services such as accepting deposits and offering financial solutions to individuals and businesses.

### Where is Bank BNI Iskandar Muda located?
The bank is situated in Medan, the capital city of North Sumatra, Indonesia. Its precise coordinates are latitude 3.5830934896765037 and longitude 98.6608941260812.

### What type of institution is it?
It is classified as a bank, specifically a branch office under the BNI umbrella. It falls under the broader category of financial institutions that engage in traditional banking operations.

### What services does it provide?
As part of the BNI network, it offers standard banking services including but not limited to deposit acceptance, withdrawals, loans, and other financial services tailored to local customer needs.

### Is it part of a larger banking network?
Yes, Bank BNI Iskandar Muda is a branch of Bank Negara Indonesia (BNI), one of Indonesia’s largest state-owned banks, and operates under its regulatory and administrative framework.

## Why It Matters
Bank BNI Iskandar Muda plays a localized role in Indonesia's financial infrastructure by offering accessible banking services in North Sumatra. As part of the BNI network, it contributes to financial inclusion and economic activity in the Medan region. Its presence supports both individual and business financial needs, aligning with national efforts to expand banking access across diverse geographic areas.

## Notable For
- Being a branch of BNI, one of Indonesia’s most prominent state-owned banks
- Serving the Medan and North Sumatra region with localized financial services
- Operating within Indonesia’s regulated banking industry
- Providing essential banking infrastructure in a key Sumatran urban center

## Body

### Location and Infrastructure
Bank BNI Iskandar Muda is physically located in Medan, the capital city of North Sumatra province in Indonesia. Its geographic coordinates are latitude 3.5830934896765037 and longitude 98.6608941260812. This positioning places it within a major economic hub on the island of Sumatra, facilitating access for a wide demographic of customers.

### Institutional Classification
The entity is categorized as a bank, which, by definition, is a financial institution that accepts deposits and offers other financial services. It is part of the broader industry of bank operations, which includes institutions with a sitelink count of 169, indicating its relevance within a well-connected and widely recognized sector.

### Relationship to BNI
As suggested by its name, Bank BNI Iskandar Muda is a branch of Bank Negara Indonesia (BNI), one of Indonesia’s largest and most established state-owned banks. This affiliation provides it with the backing of a national financial institution, ensuring compliance with central banking regulations and access to broader financial networks.

### Operational Scope
The bank operates within the standard framework of Indonesian banking practices. It serves local individuals and businesses by offering services such as savings accounts, loans, and transactional banking. Its role is integral to supporting economic activity in Medan and surrounding areas.

### Regulatory and Industry Context
As part of Indonesia’s banking system, Bank BNI Iskandar Muda adheres to national financial regulations and contributes to the country’s financial stability. It is embedded within a network of financial institutions that collectively support economic development and financial inclusion in both urban and rural regions.

### Geographic and Economic Relevance
Medan, as North Sumatra’s largest city, serves as a critical commercial and industrial center. The presence of Bank BNI Iskandar Muda in this location underscores the importance of localized banking services in supporting trade, investment, and personal finance in the region. Its operations align with national strategies to expand banking access and promote inclusive economic growth.