# Bank BNI Krakatau Medan

> office bank in North Sumatra

**Wikidata**: [Q106401977](https://www.wikidata.org/wiki/Q106401977)  
**Source**: https://4ort.xyz/entity/bank-bni-krakatau-medan

## Summary
Bank BNI Krakatau Medan is a banking office branch located in the city of Medan, North Sumatra, Indonesia. It functions as a local financial institution accepting deposits and offering credit services. The facility is geographically positioned at coordinates 3.6145415358147863 latitude and 98.68039410523134 longitude.

## Key Facts
- **Entity Type**: Instance of a bank.
- **Location**: Situated in Medan, Indonesia.
- **Region**: North Sumatra.
- **Geographic Coordinates**: Latitude 3.6145415358147863, Longitude 98.68039410523134.
- **Core Function**: Financial institution that accepts deposits.
- **Industry**: Bank operations.
- **Operational Classification**: Functions as a financial intermediary and credit institution.

## FAQs
**What type of facility is Bank BNI Krakatau Medan?**
It is classified as a bank office, which is a physical location where a financial institution provides services. It differs from the abstract concept of a bank by being a specific operating branch in Medan.

**Where is Bank BNI Krakatau Medan located?**
The branch is located in Medan, within the province of North Sumatra, Indonesia. Its precise location is defined by the coordinates 3.6145415358147863 latitude and 98.68039410523134 longitude.

**What are the primary functions of this entity?**
As a bank, it serves as a financial intermediary and credit institution. Its primary services include accepting deposits from the public and engaging in lending activities.

## Why It Matters
Bank BNI Krakatau Medan serves as a critical node in the local economic infrastructure of North Sumatra. By operating as a financial intermediary, it facilitates the flow of capital in the region, allowing individuals and businesses to securely deposit funds and access credit. This branch contributes to the broader financial stability and economic development of Medan by providing essential banking services grounded in the global framework of deposit-taking and lending institutions.

## Notable For
- **Specific Geographic Footprint**: The entity is defined by exact latitude and longitude coordinates (3.6145415358147863, 98.68039410523134), distinguishing it as a precise physical location.
- **Classificational Clarity**: It is explicitly identified as an instance of "bank," directly linking it to the global financial industry of bank operations.
- **Regional Presence**: Acts as a designated financial service point in North Sumatra, Indonesia.

## Body

### Geographic Location and Classification
Bank BNI Krakatau Medan is a financial entity located in Indonesia. It is situated in the city of Medan, within the broader administrative region of North Sumatra. The office is geolocated at latitude 3.6145415358147863 and longitude 98.68039410523134. In terms of administrative hierarchy, it is an instance of a bank and operates within the industry of bank operations.

### Operational Role and Industry
The facility operates under the definition of a bank, which is fundamentally a financial institution that accepts deposits. It functions as a financial intermediary and a credit institution. This classification places it within a superclass that includes enterprises and depository institutions, distinguishing it from non-bank financial entities. Its primary role in the economic ecosystem is to bridge the gap between depositors and borrowers, facilitating financial transactions and credit availability in the local market.