Bank NISP joins BAFT

Bank NISP joins BAFT

JAKARTA (JP): Bank NISP has been approved and accepted as a member of the Bankers' Association for Foreign Trade of the United States (BAFT).

Bank NISP announced in a statement over the weekend that it is the second Indonesian private bank after Bank Central Asia to be accepted as a member of the international bankers' association.

The membership to the association is expected to create more opportunities for Bank NISP to expand international banking activities, the bank announced.

The association, which also groups two Indonesian state-owned banks, was founded in 1921 to foster and promote international trade, finance and investment between the United States and other countries.

Bank NISP, which is based in Bandung, West Java, accepted an ISO 9002 certification from the Standard Australia Quality Assurance Services late last year. (hen)