JAKARTA - PT Bank Syariah Indonesia Tbk (BRIS) officially changed its status to one of the State-Owned Enterprises (BUMN) companies after the Extraordinary General Meeting of Shareholders (RUPSLB) which took place on Monday, December 22, 2025.
The decision also stipulates the change of the company's name to PT Bank Syariah Indonesia (Persero) Tbk and the determination of the status of this Persero is part of the agenda for changing the Articles of Association of the Company.
In the RUPSLB document it is stated that the existence of the State of the Republic of Indonesia-owned Series A Dwiwarna Shares provides privileges to the government, so that BSI is classified as a State-Owned Enterprise (BUMN) in accordance with the provisions of the BUMN Law.
"Based on the provisions of the SOE Law, with the special rights of the State of the Republic of Indonesia in the ownership of Series A Dwiwarna Shares in BSI, the status of the Company is categorized as a SOE, so that in accordance with the provisions of Article 94 of the SOE Law, the Company is obliged to adjust to the provisions of the SOE Law," wrote BSI management in the RUPSLB document, quoted, Tuesday, December 23, 2025.
With this change, BSI officially joined as the fifth member of the State-Owned Bank Association (Himbara), following PT Bank Mandiri (Persero) Tbk, PT Bank Rakyat Indonesia (Persero) Tbk, PT Bank Negara Indonesia (Persero) Tbk, and PT Bank Tabungan Negara (Persero) Tbk.
In addition to adjusting the status of SOEs, changes to the Articles of Association were also made to adjust to the latest regulations, including POJK Number 2 of 2024 concerning the Implementation of Sharia Governance for Sharia Commercial Banks.
Article 8 paragraph (1) of POJK 2/2024 & its explanation, the Sharia Supervisory Board is the main party of the bank as members of the Board of Directors and members of the Board of Commissioners. With the entry into force of POJK 2/2024, the Company as a sharia commercial bank is also required to adjust the provisions in the articles of association.
Then, based on Article 19 paragraph (1) of the UUPT and Article 29 paragraph (2) of the AD BSI, it is stipulated that changes to the articles of association shall be determined by the GMS.
The RUPSLB also approved the second agenda, namely the delegation of authority to approve the Company's Work Plan and Budget (RKAP) for 2026.
This delegation is carried out in accordance with the provisions of the SOE Law which stipulates that the Board of Directors is required to prepare an annual RKAP for examination and approval through the RUPS or Board of Commissioners mechanism.
This is based on the provisions of Article 15G paragraph (3), paragraph (5) and paragraph (6) of the SOE Law, the Board of Directors is obliged to prepare the annual RKAP and submit it to the GMS for approval, after having been examined by the Board of Commissioners.
In addition, based on the BP BUMN letter dated November 14, 2025, the agenda has been approved to be decided in the meeting.
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