PT Bank Sinarmas Tbk, A Subsidiary Of Sinar Mas Multiartha, Is Engaged In Banking. To Support Its Business Activities, As Of The End Of 2020, The Bank Has 69 Branches, 134 Sub-branches, 140 Cash Offices, 28 Shariah Branches And 12 Shariah Cash Offices.
History
The Bank Began Its History In 1989 Under The Name "PT Bank Shinta Indonesia" And Is Owned By Shinta Group, Owned By The Hermijanto Family, Which Is Engaged In Textile And Manufacturing. In 1993, The Bank Opened A Branch In Bandung, And A Year Later, The Ministry Of Finance Designated The Bank As Perception Bank. In 1995, The Bank Was Also Designated As Foreign Exchange Bank. In 1996, The Bank Opened A Branch In Surabaya. In April 2005, PT Sinar Mas Multiartha Tbk And PT Shinta Utama Officially Became The Majority Shareholders Of The Bank, Which At That Time Had Assets 436 Billion Indonesian Rupiah. By The End Of 2006, The Bank Had Been Renamed As It Is Today, And Its Assets Had Reached 2 Trillion Rupiah. In 2009, The Bank Established The Sharia Business Unit (Indonesian: Unit Usaha Syariah). The Bank Has Also Been Designated By Bappebti As A Depository Bank For The Compensation Fund Margin And Guarantee Fund And Has Been Licensed By Bapepam To Carry Out Trustee Activities. In 2010, The Bank Was Officially Listed On The Indonesian Stock Exchange. In 2018, The Bank Was Designated As A Deposit Receiving Bank For The Hajj Organization Fee (Indonesian: Biaya Penyelenggara Ibadah Haji)