Company Profile
PT Bank Sinarmas provides various banking products and services in Indonesia. Its operations are structured into Marketing and Credit, Treasury, and Trade Finance segments. It offers savings, time and on-call deposits, and current accounts.
Its portfolio also includes mutual funds, bancassurance products, and mutual funds investment and guarantees services, as well as unsecured, car ownership, multipurpose, working capital, investment loans Simas cash fund, expansion of collateral, back-to-back credit, micro and business credit, and palm oil farmers loan.
Its portfolio also includes inward documentary collection, issuance, amendment, advising, outward documentary collection, discount export document, and negotiation export document, and treasury services comprising telegraphic transfer, bank notes, FX hedging, and ODA for G7.
Additionally, it offers insurance products. Its portfolio also includes other services, such as safe deposit box, travelers cheque, simas holiday, payroll, bill payment, and giro biller insurance products, internet, mobile, and phone banking, and debit card and credit card.
It also is involved in investments in securities and money markets. Its portfolio also includes financing, issuance of debt, and trade financing activities. Founded in 1989 and headquartered in Jakarta, Indonesia, PT Bank Sinarmas was formerly known as PT Bank Shinta Indonesia before rebranding in January 2007. PT Bank Sinarmas Tbk operates as a subsidiary of PT Sinar Mas Multiartha Tbk.