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Archive News By 12/2010
08 December 2010
Acquisition Triples PermataBank’s Credit Card Business
Category: Corporate
JAKARTA, 8 Dec 2010 -  PT Bank Permata Tbk. ("PermataBank") announced today the completion of its acquisition of PT GE Finance Indonesia's ("GEFI"), following the formal approval of the transaction by Bank Indonesia. GEFI is Indonesia's only non-bank credit card issuer, commanding about 6% of the market share.
 
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