PermataBank was formed by a merger of five banks under the oversight of IBRA (Indonesian Banking Restructuring Agency), i.e. PT Bank Bali Tbk, PT Bank Universal Tbk, PT Bank Prima Express, PT Bank Artamedia, and PT Bank Patriot in 2002. In 2004, Standard Chartered Bank and PT Astra International Tbk took over PermataBank and started a major transformation of the organization. Subsequently, as a manifestation of their commitment to PermataBank, these major shareholders increased their joint ownership to 89.12% since 2006 until now. The unique combination of our strategic shareholders has become one of our core strengths. PT Astra International Tbk is one of the biggest Indonesian conglomeration company in Indonesia with extensive experience in the domestic market, while Standard Chartered Bank is a well-respected international bank with market leading expertise and global experience. PermataBank today has grown into a major private bank offering innovative products and services that can provide comprehensive financial services in a simple, fast, and reliable manner. As a pioneer in mobile banking and mobile cash technology in the Indonesian market, in 2017, PermataBank took a lead in innovation through the launch of the first E-Bond product on the market and was the first bank to introduce TouchID & FaceID in PermataMobile Banking. Serving more than 2 million customers in 62 cities in Indonesia, per December 2018 the Bank has 323 branches (sharia & conventional branches), 16 Mobile Branches, 23 one-stop Sharia service, two Payment Point, 1.018 ATM with additional access at more than 100.000 ATMs (VisaPlus, Visa Electron, MasterCard, Alto, ATM Bersama and ATM Prima) and millions of ATMs around the world that are connected to the network Visa, Mastercard, Cirrus. The recognition of recent achievements of PermataBank are, among others, CSR Recognition in Education from Sindo Media (Jan 2018); "Exceptional Grade" from the Carre Center for Customer Satisfaction and Loyalty (Carre - CCSL) Award 2018 for, among others, Regular Banking, Credit Card Regular, Platinum Card, Priority Banking dan Sharia Banking (Apr 2018); 13 awards from Banking Service Excellence Award 2018 (Jun 2018), for, among others, Rank #3 Best Overall Performance and rank #1 Best Opening Account Website Application (General category); Rank #1 Best Overall Performance and Best Customer Service (Bank syariah category) and 1 Golden Trophy for the Best Sharia Banking for maintaining the 'Best Overall Performance' title since 2011; "The Best Frictionless Internet Banking Initiative, Application or Programme" dari The Asian Banker - Indonesia Country Award 2018 (Ags 2018); 5 Gold Awards for category Best Event Press / Media, Best Event Consumer, Best Event Digital Integration, Best Event Ambience, Best Event Product Launch / Relaunch and 1 Silver Award for category Best Event Multi Channel from The Marketing Events Award for PermataMe #CountMEin campaign (Sept 2018). PT. Bank Permata Tbk obtained the license as the commercial bank under The Decree of Minister of Finance Number 1937/U.M.II dated 19 February 1957.