Bank Permata is the result of a merger of five banks, namely:
* PT Bank Bali Tbk
* PT Bank Universal Tbk
* PT Bank Prima Express
* PT Bank Artamedia
* PT Bank Patriot
* PT Bank Bali Tbk
The Bank has been appointed to the Framework and on February 18, 2002 changed its name to Bank Permata, while four other bank as the merged bank.
The merger of five banks this is an implementation of Government decision on Further Restructuring Program which was issued on November 22, 2001, which aims to establish a bank with a strong capital structure, sound financial condition and high competitiveness in fulfilling its intermediary, with a network service wider and more diverse products. And as a result, was formed as a bank that focuses PermataBank and standalone as well as from the beginning committed to pursue the SME segment, retail and commercial.
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