The core and backbone of the Group’s financial services business is Mayapada Bank, a medium-sized bank targeting the burgeoning SME and commercial enterprises that have driven Indonesia’s economic success over the past decade. Founded in the late 1980s, the bank with over 190 branches fills the needs of many local consumers who are seeking convenience and accessibility. To further strengthen and synergized the financial services section of the Group, they recently started a multi finance company and also venturing into the insurance industry by partnering with world renowned partners in Zurich Insurance and also Sompo Japan NipponKoa General Insurance.