One Year Merged By Erick Thohir, BSI's Assets Reach IDR 265.29 Trillion

JAKARTA - PT Bank Syariah Indonesia Tbk or BSI (BRIS) has reached the age of one year after the business merger (merger) on February 1, 2021. The bank resulting from the merger of three Islamic banks belonging to the Association of State-Owned Banks (Himbara), recorded a brilliant performance last year.

In the BSI publication, quoted on Wednesday 2 February, BSI recorded assets of IDR 265.29 trillion as of December 2021. This number grew by 10.73 percent on an annual basis (yoy).

Meanwhile, the disbursed financing reached IDR 171.29 trillion or grew 9.32 percent yoy. Third-Party Funds (DPK) amounted to IDR 233.25 trillion or grew 11.12 percent yoy.

The company managed to record a net profit of Rp3.03 trillion or grew 38.42 percent yoy. Cash coverage grew by 14.57 percent yoy, while the net financing quality (NPF) was maintained at 0.87 percent, down 0.25 percent yoy.

In addition, BSI also continues to innovate by presenting the Beyond Banking Services Experience in One Hand. This is reflected in the company's digital transaction performance which shot up last year.

BSI noted that the number of BSI Mobile users reached 3.47 million users or grew by 127 percent. The number of transactions grew 169 percent to reach 124.54 million transactions. Meanwhile, the transaction volume reached IDR 150.84 trillion or grew 200 percent.

Management said that although BSI was born in the midst of global economic uncertainty due to the COVID-19 pandemic, the company is here to always build hope and bring blessings.

"Today, February 1, 2022, a year we strive to become an inclusive and modern Islamic bank, support the development of MSMEs, maintain the trust of the ummah, and support the development of the Islamic financial ecosystem and the national halal industry. God willing, BSI will become new energy for the Indonesian economy," write management.

Furthermore, BSI is ready to run fast to improve services and products for all customers. Bank Syariah Indonesia is ready to become an economic bridge between the Middle East and Indonesia and become a global player, and the pride of Indonesia.