JAKARTA - PT Bank Syariah Indonesia Tbk (BSI) (BRIS) expressed its support for the government's plan to present a gold deposit guarantor. This was after the gold bank (Billion bank) was inaugurated by Indonesian President Prabowo Subianto on February 26, 2025
BSI Sales and Distribution Director Anton Sukarna said that with the presence of a gold deposit guarantor, the gold business ecosystem in the country has a stronger safety net for the community with more maintained stability for the industry.
This is a very good step. There is a boost to the infrastructure of the bullion bank ecosystem. So that this precious metal investment instrument is more trusted. On the other hand, it will strengthen industrial stability," Anton said quoting Antara.
According to Anton, the presence of a gold deposit guarantor must be a priority. This is because the bullion bank's business continues to show growth with increasingly promising prospects.
With the inauguration of the bullion bank earlier this year by the government, precious metals became a safe and stable investment alternative for the public.
The strategic steps taken by the government are considered to be increasingly maintaining the stability of precious metal prices in the country's market.
Moreover, gold investment is safe haven and wealth protection, so it is one of the main investment options in the midst of challenging economic conditions.
The potential of this bullion bank is very large, not only for the community as customers, but also for the national economy. As we all know, this precious metal is a wealth protector for the community. Gold also supports the monetary and fiscal resilience of a country," said Anton.
At BSI itself, the gold business recorded a positive performance. Gold purchase transactions through BSI in the second quarter of 2025 jumped 441 percent year on year (yoy).
With this significant growth, the total gramation of gold purchases in BSI reached 693 kilograms. Meanwhile, the total transactions reached 238,000 times.
'Bullion business is a new source of growth for BSI, which we will continue to maintain its growth in a sustainable manner. Currently, we are continuing to strive to strengthen the inclusion of gold banks. So that people can easily get precious metals physically and digitally," concluded Anton.
Previously reported, the Deposit Insurance Corporation (LPS) was encouraged to become a guarantor of gold deposits at the Bulion bank, considering that currently there is no official guarantor for gold deposits.
The 13th Vice President of the Republic of Indonesia, KH Ma'ruf Amin, said that gold deposits in Bulion banks are a solution for people who want to have gold savings gradually. This method is also allowed sharialy.
"The current problem must be that there are guarantors, such as bank deposits that there are guarantees by LPS, insurance has also started. There are no rules for storing in this gold form," said Ma'ruf Amin during an intercept interview at the National Seminar on Sharia Economics and Finance.
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The guarantor's clarity, he said, is needed to build public trust. Even though the public already feels safe with financial service institutions such as banks, certainty is still needed for gold deposits.
"That's what was discussed today and from Commission XI will follow up," he said.
Meanwhile, Director of Strategic Management and Policy Formulation of LPS Ridwan Nasution said his party would follow the applicable regulations.
If LPS gets the mandate to become a guarantor of gold deposits, the internal team will review and draft a guarantee scheme.
"We will review and discuss it at the LPS. Because this is still new, so we have to see first what the details of the business model is from the Bulion business," he said.
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