The History of PT. PANN (Persero)
1974-1990
PT.Pengembangan Armada NiagaNasional (PT. PANN) was established in May 1974 as a non- bank alternative ship financing company engaged in ship financing with the purpose of developing national shipping.
- Focus on Business :
Financing national trading fleets with
focusing on financing small, middle scale shipping companies
- Financing Mechanism :
- Leasing
- Purchase on Installment
- Sale and Lease Back
1991-2004
PT. PANN business activities was expanded by financing various types of capital goods.
The Company name changed into PT. PANN Multi Finance.
2004-henceforth
In line with the function of the establishment of the Company at the beginning engaged in ship financing with the purpose of developing the national trading fleets, and since the business of financing trading fleets are profitable, therefore the company return focusing to on its core business which is ship financing
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