PaninBank has a long history of providing for the banking needs of customers through appropriate, innovative and added value solutions, supported by a nation-wide distribution network and in-depth market knowledge.
Established on 17 August 1971, PT Bank Panin Tbk undertook a series of business transformations in line with its business growth and developments of the national economy.
Total assets as of year-end 2014 amounted to Rp 172,6 trillion, it is one of the top 10 largest national banks. Loan portfolios amounted to Rp 111.9 trillion, third party funds Rp126.1 trillion, while equity Rp 23.2 trillion. PaninBank operates 560 branches spreadout from Aceh to Papua, from the farthest east to west of Indonesia.
PT Pamapersada Nusantara (PAMA) is a wholly-owned subsidiary of PT United Tractors Tbk, a major distributor of Komatsu heavy equipment in Indonesia. PT Astra International Tbk, the major shareholder of PT United Tractors Tbk, is one of the largest and most respected companies in Indonesia.
The embryo of PAMA has commenced since 1974 in form of rental division at PT United Tractors, which engaged in construction project, mining and oil project, land preparation and logging. In 1993 this division changed into an independent company named PT Pamapersada Nusantara.
As the first bank owned by the Government of Indonesia, PT Bank Negara Indonesia (Persero) Tbk, established in 1946 began its history by serving as the central bank as stipulated in Government Regulation in Lieu of Law No. 2/1946. In 1955, when the Indonesian government established Bank Indonesia as the Central Bank, BNI began operations as a commercial bank. Furthermore, the role of BNI as a bank that was mandated to improve the people’s economy and participate in national development was confirmed by Law No. 17 Year 1968 on Bank Negara Indonesia 1946.
The PT. Jawa Satu Power is a Joint Venture Entity between PT Pertamina Power Indonesia, Garuda Power Holdings B.V. and Sojitz Global Investment B.V. established on December 05, 2016 as a Special Purpose Company in running, controlling and managing the assets of Jawa-1 Power Plant business activities, which serves as the largest gas fired power plant with CCGT technology in Southeast Asia. The Company runs its business professionally by upholding an effective and efficient Corporate Governance Principles in order to provide continuous added values to Indonesia through stable power supply.
