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PermataBank officially joins BUKU IV category

27 January 2021 10:44

JAKARTA - PermataBank officially became a BUKU IV bank after receiving confirmation from the Financial Services Authority (OJK) on January 20, 2021.

With a core capital of more than IDR 30 trillion, according to data as of December 31, 2020, PermataBank has met the minimum core capital limit to be classified as a Commercial Bank based on Business Activities IV (BUKU IV). Therefore, starting on January 20, 2021, PermataBank can carry out BUKU IV business activities.

Dr. Ridha D.M Wirakusumah, President Director of PermataBank said, "We are grateful and proud that PermataBank has now become a BUKU IV Bank. This confirmation reflects the trust of our stakeholders, OJK, Bangkok Bank as controlling shareholder and our valued customers who have continued to support and move forward with us.”

At the end of the third quarter of 2020, PermataBank posted a solid performance by recording a growth in operating income before provision of IDR 2.6 trillion, growing 20.4% year-on-year (yoy). This achievement was also followed by the successful integration process between the Bangkok Bank Indonesia Branch Office (BBI) and PermataBank which took place on 21 December 2020. (LM)

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