JAKARTA - PT Bank Syariah Indonesia Tbk (BSI) won the trust of Asset Under Custody (AUC) administrators of more than Rp110 trillion until the November 2024 period.

BSI's Treasury & International Banking Director Ari Rizaldi explained that BSI seeks to develop businesses from various retail and wholesale segments to encourage the progress of the halal ecosystem in the country.

In terms of developing a wholesale service ecosystem, he said, the company is serious about working on the capital market business, which focuses on Bank Kustodian, Treasury, and Trade services.

"As one of the leading products in BSI, BSI's sharia-based capital market services, including safekeeping, fund services, trustee and agency," said Ari quoting Antara.

Ari explained that the development of BSI's treasury business reflects ongoing efforts to provide innovative and reliable financial solutions.

He continued, one of the main commitments is the development of treasury products through the Sharia-Based Foreign Exchange Money Market transaction, which offers ideal foreign exchange investment alternatives for financial institutions.

"This product is not only designed to meet market needs, but is also in line with sharia principles," said Ari.

BSI is currently listed as the only Islamic bank that acts as the Primary Dealer for State Sharia Securities (SBSN) of the Ministry of Finance.

This role makes BSI able to contribute to the market for State Sharia Securities, which is reflected in the achievement of the growing volume of securities transactions.

As of November 2024, the volume of SBSN transactions at BSI was recorded at more than IDR 85 trillion, or an increase of 65.38 percent year on year (yoy), which is the result of solid cooperation with consistent partners and support from customers, who continue to trust BSI to meet their financial needs with reliable products and services.

In addition to managing in the field of capital markets and treasury, he said, the company also continues to develop a wholesale ecosystem from various aspects of service including trade finance and value chain businesses.

"That is, businesses that are involved in various banking service management, including exports, imports, supplier financing, financial distributors and cash management," said Ari again.

Until November 2024, BSI's trade finance, value chain and cash management business growth grew by around 14 percent with transaction volumes of more than IDR 415 trillion for various customers in many industries, including the telecommunications, paper and energy industries.

"This proves BSI's seriousness in working on ecosystems, international trade and digital transactions," said Ari.

For customer trust, BSI gives appreciation to stakeholders who have so far contributed to the company's business growth, especially for capital market, treasury, and trade services throughout 2024 through the Client''s Appreciation Day: Wholewing Stronger Together Toward 2025 event.

Ari explained that this event aims to build and increase engagement and loyalty of BSI investors and stakeholders, in the form of increasing Product Holding Ratio (PHR), Asset Under Management (AUM) and Fee Based Income.

In addition, he said again, BSI is also committed to continuing to provide the best service for the capital market, treasury, and trade services industry.

"BSI is committed to continuing to provide the best service for a safe, comfortable and reliable capital market. As proof of this commitment, thank God, we managed to get internationally recognized awards in a row in 2023 and 2024 from Alpha Southeast Asia as Best Islamic Custody Bank," said Ari.

Appreciation to BSI Islamic capital market customers given in Award & Appreciation activities, including:

1. Most Active Bank in Treasury Sharia Partnerships: PT Bank Mandiri (Persero) Tbk.

2. Best ESG Investor: Hajj Financial Management Agency.

3. Most Active Transaction In Capital Market Services: Insurance Company Category: PT Askrindo Syariah Financing Guarantee.

4. Best Retail Mutual Fund: PT Syailendra Capital.

5. Most Active Investor: Hajj Financial Management Agency.

6. First Partner In Bsi Custodian Bank For Digital Banking Category: PT Bank Nano Syariah.

7. Most Loyal Investor In Capital Market Services: PT Asuransi Jiwa Syariah Al Amin.

8. Most Active Transaction For Securities Crowdfunding Category: PT Shafiq Digital Indonesia.

9. Most Active Global Trade Transaction: Asia Pulp And Paper - Sinarmas Group.

10. Trade Finance Highest Volume On Energy Sector: PT Energi Listrik Batam - Medco Power Indonesia.

11. Best Structured Trade & Treasury Solution PT Wahana Inti Selaras - Indomobil.

12. First Digital Distributor Financing PT Wadah Suci.

13. Best Structured Trade Finance (Telecommunication Industry) - PT Lokatara Abhinaya.

14. First Move Client In Money Market Transaction Products: Hajj Financial Management Agency.

15. Most Active Client In The Sharia Capital Market PT Bri Asuransi Indonesia.

16. Most Outstanding Interbank Transaction Performer - PT Bank Mega Syariah

17. Most Innovative Partner In Enhanced Islamic Treasury Products - PT Bank Jabar Banten Syariah.


The English, Chinese, Japanese, Arabic, and French versions are automatically generated by the AI. So there may still be inaccuracies in translating, please always see Indonesian as our main language. (system supported by DigitalSiber.id)