The commitment to provide convenience and comfort for the customers.

Jakarta – To increase the comfort level of banking transaction for the customers of PermataBank and TA Finance in terms of automobile installment payment, the two companies signed a joint operation agreement regarding the launch of online payment system via Virtual Account feature, commonly known as TA Personal Account.

Ongky W. Dana, PermataBank’s Director, stated that one of PermataBank’s business focuses is wholesale banking which requires various specific banking products and services. To meet the demand of the segment, PermataBank and TA Finance forged a partnership to provide Cash Management Solution which will ease TA Finance in commencing ‘daily collection’ transaction.

The joint operation agreement was signed by Ongky W. Dana and TA Finance’s Director Ayakuni Muramoto. Within the scope of the agreement, TA Finance’s customers could utilize all of PermataBank’s distribution networks to commence online, accurate and safe installment payment. This is possible due to excellent technological platform of PermataBank, therefore the customers could choose their method of payment such as through PermataATM, transfer between bank, PermataMobile (SMS Banking), PermataShop (EDC), as well as PermataPhone (PhoneBanking/IVR). All of TA Finance’s customers could reap the benefit of this service, even those not yet a customer of PermataBank.

Virtual Account System is PermataBank’s latest innovation for E channel technology. Exclusively for the purpose of facilitating installment payment towards TA Finance, the system eases the installment payment process for TA Finance’s customers, not only at PermataBank’s ATMs, but also the ATMs of other banks who connected to ALTO, ATM Bersama and Prima network on online and real time basis.

Ongky added that this joint operation is the realization of synergy between Astra and PermataBank where Astra International is one of major shareholders of PermataBank. The synergy is not merely conforms to the win-win situation, but also provides added value product for both institutions.

Ayakuni Muramoto, the Director of TA Finance, also stated that this system is a great help for his side as it will increase the efficiency of day-to-day operation especially in reconciling payment due to the fact that with this online system, TA Finance is not required to commence collection from other bank. "We are optimistic that the program will bring about the customers’ satisfaction which will eventually improve TA Finance’s business". Ayakuni Muramoto also hoped that TA Finance’s customers who didn’t have PermataBank account yet could also enjoy the other banking products from the aforementioned bank.

About PermataBank

PermataBank is one of national banks in Indonesia with the vision of becoming the leading provider of financial services in Indonesia, focusing on Small and Medium Enterprises as well the costumers. PermataBank is committed to realize its motto, “Life is Precious”, by providing high quality financial services to ensure the customers have full access and are able to fully utilize banking services. PermataBank is present in XX cities with regular branches, preferred, and sharia. With wide network of ATMs and various electronic transaction medias (mobile banking, internet banking, and call center), PermataBank is continuously improving its products and services to provide the best way to communicate and interact with the costumers.

About Toyota Astra Finance Service (TAFS)

PT. Toyota Astra Financial Services (TA Finance) was founded by Toyota Financial Services Corporation (TFSC – a subsidiary Toyota Motor Corporation) and PT. Astra International Tbk. (AI), two large companies with more than 30 years of partnership history. The agreement was signed in October 2005, with the purpose of establishing TA Finance as the definite choice for financing the customers’ Toyota automobiles purchase.

The mission of TA Finance is to become asset for not only the shareholders, but also for business partners, the customers, the country and government, as well as any other communities.

As the 31st branch of Toyota Financial Services throughout Indonesia, TA Finance upholds professionalism in serving the customers, and strives to be the best with the spirit of cooperation towards the customers. The priority of TA Finance is to provide simple, convenient and affordable service for the customers in purchasing Toyota automobiles.

TA Finance started its business in May 2006 and until now has opened five branches throughout Java and Bali. TA Finance offers three financial products which are Costumer Financing, Business Financing, and Lease.

Website : http://www.tafinance.com/

TA Contact Service :

Jakarta (021) 7590 7555
Bandung (022) 5227 888
Surabaya (031) 5611 999

For further information, please contact:

PermataBank:

IGN Oka Widana
Vice President
Head Product & Service Management
P: (021) 523 7899;
F: (021) 252 4492;
C: 0818 0788 3876;
E: iwidiana@permatabank.co.id

Toyota Astra Finance Services:

Eka Prihastyati
Finance Administration Dept Head
Corporate Secretary
P: (021) 57 898 999;
F: (021) 57 898 945
C: 0816 1894 018;
E: eka.prihastyati@tafinance.com