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Panin Bank was established in 1971 as a merger of three private national banks, subsequently increasing its capital structure through the acquisition of a further four private national banks. Panin Bank's business strategy is to further grow its market shares in the consumer and commercial segments. The Bank has successfully established itself as one of the leading providers for innovative consumer and SME banking products and services. It has earned market recognition for its competitive Housing and Car Financing Programs, as well as the multi purpose personal loans.