Panin Bank is one of the major commercial banks in Indonesia . It was founded in 1971 as a result of a merger from the Bank of Prosperity, Bank Industri Jaya, and Bank Industri Dagang Indonesia. Panin Bank listed its shares on the Jakarta Stock Exchange in 1982 which made it the first bank to be traded openly on the exchange .
Panin Bank has a business network of more than 450 in various major cities in Indonesia and more than 18,500 ALTO ATMs and ATM Bersama networks, Internet Banking, Mobile Banking, Phone Banking, and Call Centers and debit cards in cooperation with MasterCard, Cirrus, and Maestro which are accessed internationally.
Panin Bank’s business strategy focuses on the retail banking business. Panin Bank has succeeded in positioning itself as one of the major banks that excels in consumer and commercial service products.