All About Permata Bank in Indonesia

Permata Bank is a well-established financial institution in Indonesia. It was established in 1998.

Permata Bank has a significant presence in Indonesia, with over 300 branches across the country.

Permata Bank is a leading Indonesian bank that was established in 1950.

It has a strong presence in the country with over 200 branches across Indonesia.

The bank offers a wide range of banking services to individuals and businesses, including savings accounts, loans, and credit cards.

Permata Bank is committed to providing excellent customer service and has a dedicated team to support its customers.

With its focus on innovation and technology, Permata Bank has implemented various digital channels to make banking more convenient and accessible.

Permata is a bank in Indonesia that offers a wide range of financial services.

It was founded in 1957 and has since grown to become one of the largest banks in the country.

Permata Bank has over 300 branches across Indonesia, making it easily accessible to customers.

The bank's mission is to provide simple, fast, and secure financial services to its customers.

Permata Bank offers a variety of accounts, including savings accounts, current accounts, and Islamic accounts.

Its customers can also access a range of loans, including personal loans, home loans, and car loans.

Permata Bank has a strong commitment to innovation, with a focus on digital banking and mobile payments.

This commitment has led to the development of a range of innovative products and services, including mobile banking apps and online payment systems.

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Permata Bank was formed through the merger of five banks under the management of the Indonesian Bank Restructuring Agency (IBRA). These banks were PT Bank Bali Tbk, PT Bank Universal Tbk, PT Bank Prima Express, PT Bank Artamedia, and PT Bank Patriot.

PT Bank Bali Tbk was established in 1954 and was later at the center of a corruption scandal. The merger was approved by Bank Indonesia in 2002, and the name of PT Bank Bali Tbk was changed to PT Bank Permata Tbk.

The operational merger of Bank Artamedia was completed on October 21, 2002, while those of Bank Prima Express, Bank Universal, Bank Patriot, and Bank Universal were completed on 4 November 2002, 18 November 2002, and 16 December 2002, respectively.

The Permata Bank logo was unveiled on 18 February 2003, once the merger procedure was complete. The logo consists of three colors: blue, red, and green, which represent eternity, passion, and prosperity.

Permata Bank obtained a license as a commercial bank based on the Decree of the Minister of Finance No. 19371 / U.M.II dated 19 February 1957.

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Permata Bank's shareholder structure has undergone significant changes over the years. In 2002, BPPN held a 91.33% stake in the bank.

The government's stake in the bank decreased from 6.34% in 2002 to 5.84% in 2003. By 2004, the government's stake had increased to 26.17%.

Public shareholders held a 2.33% stake in the bank in 2002, which increased to 2.83% in 2003. By 2004, the public's stake had grown to 10.73%.

Astra International and Standard Chartered Bank acquired a combined 31.55% stake in the bank in 2004. This stake remained the same until 2006, when both institutions increased their stake to 44.505%.

Bangkok Bank acquired a 98.71% stake in Permata Bank in 2020, indicating a significant change in the bank's ownership structure.

Permata Bank is a subsidiary of PT Bank CIMB Niaga TBK, offering a range of banking services.

Founded in 1955, Permata Bank has a long history of providing financial services to the Indonesian market.

The bank has over 250 branches across Indonesia, making it a convenient option for customers.

Permata Bank offers a variety of accounts, including current, savings, and time deposit accounts, each with its own set of benefits and features.

Their current accounts are designed for everyday banking needs, while their savings accounts are perfect for long-term savings goals.

The bank's time deposit accounts offer competitive interest rates for customers who want to save for a specific period of time.

Permata Bank also provides a range of credit facilities, including personal loans and credit cards, to help customers manage their finances.

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Each Permata Bank branch has a unique SWIFT code, so be sure to check the correct code for your branch.

You can check the correct SWIFT codes for your Permata Bank branch here.

If you're not sure, or can't find the branch code, you can use the 8 character head office SWIFT code, and your payment will still make its way to your account.

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Permata Bank offers a wide range of bank services that cater to the diverse needs of its customers.

From personal banking to corporate banking, Permata Bank has got you covered.

Their services include online banking, mobile banking, and ATM services, allowing customers to manage their finances from anywhere.

With over 500,000 ATMs across Indonesia, Permata Bank's ATM network is one of the largest in the country.

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PT BANK PERMATA, TBK has a local branch located at the World Trade Center II (WTC II) on Floor 21 of JL. JEND. SUDIRMAN 29-31.

You can find the branch at this address if you need to visit in person.

Bangkok Bank made a significant strategic investment in 2019 by announcing plans to acquire majority ownership of Permata Bank through conditional sale and purchase agreements with Astra International and Standard Chartered Bank.

The acquisition was a long process, finally completed in May 2020, where Bangkok Bank took over 89.12% of Permata Bank's shares from the total number of shares issued and paid up by Standard Chartered Bank and Astra International for Rp33.66 trillion (US$2.3 billion).

This acquisition marked a new history for PermataBank, with Bangkok Bank becoming the controlling shareholder.