Salaries Increase, BSI Increases Penetration Of DPK Base Strengthening

BSI (Photo: dock. Antara)

JAKARTA - PT Bank Syariah Indonesia Tbk (BSI) has ambitions to boost the penetration of cudiah savings based on payroll or salary accounts to strengthen the third-party fund base (DPK), along with the growth performance of payroll.

As of May 2025, BSI noted that it has managed more than 1.2 million payroll accounts, growing by 4.39 percent year-on-year (yoy).

Similar growth was also seen in the DPK BSI which grew 7.40 percent (yoy) from IDR 297.33 trillion in March 2024 to IDR 319.34 trillion in March 2025.

BSI Sales & Distribution Director Anton Sukarna in his statement in Jakarta, Friday, explained that the composition of the BSI DPK was dominated by low-cost funds (Current Account Saving Account / CASA) of 61 percent, of which 42 percent came from savings dominated by wadiah savings (40 percent of total savings).

Seeing this performance, the bank is preparing a strategy to increase payroll to strengthen the efficiency of funds and at the same time expand the reach of Islamic financial literacy in Indonesia.

"The payroll ecosystem is a strategic entry point in in introducing sharia financial services as a whole to the public," said Anton.

The basis of BSI payroll customers comes from various strategic institutions, ranging from SOEs, ASN, ministries/agencies, to the private sector.

Currently, BSI is trusted to manage ASN payroll of 253,000 accounts, and ranks third largest national bank in paying state civil servants salaries.

In addition to ASN, BSI is also targeting the expansion of services to payroll customers from large companies and corporations in Indonesia through various attractive promotional programs, in order to introduce broader Islamic financial products.

Anton is optimistic that BSI's payroll growth will continue to record positive performance until mid-2025.

"In the midst of competitive liquidity conditions, payroll is an effective strategy to manage DPK in a controlled, safe and sustainable manner. Payroll customers are also a priority segment in BSI consumer financing thanks to a healthy and measurable risk profile," said Anton.