PT. Bank Sinarmas Tbk. ("Bank Sinarmas" or "the Bank") was established on August 18, 1989, based on Deed of Establishment No. 52 dated August 18, 1989, made before Buniarti Tjandra, S.H., Notary in Jakarta, under the name PT Bank Shinta Indonesia, and was later amended with Deed No. 91 dated September 15, 1989, by the same notary.
The Bank obtained the status of a foreign exchange commercial bank in 1995. The Bank entered a new chapter when PT Sinar Mas Multiartha Tbk., a financial services company under the Sinar Mas Group, acquired 21% of the shares in PT Bank Shinta Indonesia in 2005.
In December 2006, the Bank changed its name to PT Bank Sinarmas. This name change was approved through an Extraordinary General Meeting of Shareholders as stated in Deed No. 1 dated November 21, 2006, by Triphosa Lily Ekadewi, S.H., Notary in Jakarta.
As part of its expansion strategy, the Bank obtained permission to establish a Sharia Business Unit (UUS) in 2009 based on the Deputy Governor of Bank Indonesia's Decision No. 11/13/KEP.Dpg/2009. In the same year, the Bank also obtained permission from Bapepam (now OJK) to conduct business activities as a Trustee.
On December 13, 2010, Bank Sinarmas officially became a public company by conducting an Initial Public Offering (IPO) with a capital structure of IDR 728 billion and issuing Series I Warrants. Since the IPO, the Bank has carried out several corporate actions to strengthen its capital structure, including:
Bank Sinarmas continues to advance towards becoming a
“To become a leading Bank in Indonesia with an integrated distribution network and prime services”.
"To Become Payment & Transaction Bank with the most complete and integrated distribution network"
The work ethics are created from the noble values of Sinar Mas. There are 5 work ethics applied, namely:
Able to positioning itself, adapted, and open to the velocity of business development, always operates although slowly but not idle "Bu Pa Man, Zhi Pa Zhan" means that we are not idle and do not do nothing, we are demanded to be faster, responsive, and continue to step in every situation in order that we are able to survive amid the tight competition.
Behavior: Agile, Open and Smart
Always build internal, external, or global relationships to support the performance in the business field.
Behavior: Proactive, Responsive and Brave
Develop ideas and knowledge as well as innovate to improve the added value continuously.
Behavior: Creative, Innovative and Able to Give Solution
Committed to work sincerely, therefore, it grows good belief and think based on reliability.
Behavior: Competent, Capable and Honest
Work together to attain the Bank's goals based on the attitude of care and ("respect") in order that Bank is healthy, strong, profitable, and able to reach our collective dreams.
Behavior: Able to Work Together, Respect Each Other
Name | PT. Bank Sinarmas Tbk. | ||||||||||||||
Business Sector | Banking | ||||||||||||||
Deed of Establishment | 18 August 1989 | ||||||||||||||
Legal Base of Establishment | Notarial Deed of Buniarti Tjandra, S.H. Number 52 Dated 18 August 1989 legalized by The Ministerial Decree of Minister of Justice of Republic of Indonesia through Decree Number 02-9142.HT.01.01-TH.89 dated 27 September 1989. | ||||||||||||||
Bank Status | Foreign Exchange Bank | ||||||||||||||
Stock Exchange | Indonesia Stock Exchange | ||||||||||||||
Stock Code | BSIM | ||||||||||||||
SWIFT Code | SBJKIDJA | ||||||||||||||
Telex | 67171 SHINPS IA | ||||||||||||||
I-Telex | 867171 | ||||||||||||||
Business Permit | Decree of Minister of Finance of Republic of Indonesia Number 156/KMK.013/1990 dated 16 February 1990. | ||||||||||||||
Head Office | PT. Bank Sinarmas Tbk. Sinar Mas Land Plaza Jl. M.H Thamrin Kav. 51 Tower I, 1st & 2nd floor Gondangdia, Menteng Central Jakarta 10350 – Indonesia Phone: (+6221) 3199 0101 |
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Customer Care | 1500153 and (+6221) 501 88888 | ||||||||||||||
corporate.secretary@banksinarmas.com care@banksinarmas.com |
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Website | www.banksinarmas.com | ||||||||||||||
Social Media |
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