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PermataBankIndonesia

Active

This profile is actively maintained
Last update: 2025-05-09 10:50:39
PermataBank's head office at World Trade Center II in Jakarta, Indonesia. Photo: Ya, saya inBaliTimur via Wikimedia Commons (CC BY-SA 2.0)

Active

This profile is actively maintained
Last update: 2025-05-09 10:50:39
About
Website http://www.permatabank.com/
Headquarters
WTC II Building, Jl. Jend. Sudirman Kav. 29 - 31,
12920 Jakarta
Indonesia
CEO/chair Meliza Musa Rusli
President Director
Supervisor
Bank Indonesia
Ownership
listed on Indonesia Stock Exchange

PermataBank is a subsidiary of BangKok Bank, which owns 98.71% of the shares.

PermataBank is an Indonesian commercial bank which was founded in 1954. After several mergers the bank was taken over in 2004 by Standard Chartered and PT Astra International. In December 2019, one of Thailand's largest financial groups, Bangkok Bank, announced plans to acquire majority ownership of Bank Permata through a sale and purchase agreements with Astra International and Standard Chartered Bank. In May 2020 Bangkok Bank acquired PermataBank, eventually owning 98.71% of its shares.

Sustainability
Commitments
Policies
Voluntary standards

PermataBank's most important sustainability commitments can be found at the website sections listed below.

Links

Responsibility for society

PermataBank does not have publicly available bank or sustainability policies.

PermataBank has committed itself to the following voluntary standards:
Global Reporting InitiativeTags: sustainable development | human rights
Dodgy Deals

PermataBank is linked to a number of companies and projects that BankTrack considers controversial (so called Dodgy Deals), e.g. as a current or past financier or through an expression of interest. The profiles below provide more details on the nature of PermataBank's link to these deals.

Projects / Companies
Finance type
Year
News
BankTrack
Partners
Blog
External
BankTrack news BankTrack blog Partner news Partner blog

Asia’s top banks are still financing coal due to massive loopholes: report

Despite major Asian banks, namely in Singapore and Japan, announcing coal exclusions in recent years, growing captive coal power in Indonesia and lax restrictions on corporate finance to developers offer new coal financing “havens”, a study finds.
BankTrack mentioned
2024-01-23 | Eco-Business
Blog
BankTrack news BankTrack blog Partner news Partner blog

Coal Havens - Asia’s biggest banks still open for coal business after COP28

The largest banks in India and Indonesia – global hotspots of the coal industry's growth – have no coal exclusion policy
2024-01-23 | Will O'Sullivan – BankTrack
Resources
Documents
Links
2025-05-09 00:00:00

Annual report 2024

Annual report
2025-05-09 00:00:00 | PermataBank
2025-05-09 00:00:00

CSR report 2024

Annual report
2025-05-09 00:00:00 | PermataBank
2024-06-30 00:00:00

CSR report 2023

Annual report
2024-06-30 00:00:00 | PermataBank
2024-05-01 00:00:00

Annual report 2023

Annual report
2024-05-01 00:00:00 | PermataBank
2024-01-23 00:00:00

Coal Havens

The banks and loopholes keeping coal finance alive in Asia
BankTrack publication
2024-01-23 00:00:00 | BankTrack
2023-07-04 00:00:00

CSR report 2022

Annual report
2023-07-04 00:00:00 | PermataBank
2023-06-05 00:00:00

Annual report 2022

Annual report
2023-06-05 00:00:00 | PermataBank

Corporate Social Responsibility

Permatabank corporate social responsibility pages
Accountability
Grievances

PermataBank does not operate a complaints or grievances mechanism for individuals or communities that might have been affected by the bank's finance.

Complaints about impacts of PermataBank's finance can also be raised through channels in which its parent bank, Bangkok Bank, participates.

This page evaluates PermataBank's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".

Impacts reviewed
Responded?
Total score
Response
Action
Monitoring

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