Bank Mandiri Supports The Implementation Of The Rights Issue Bank Syariah Indonesia

Photo: Doc. Bank Mandiri

JAKARTA - Bank Mandiri is committed to supporting the implementation of the issuance of new shares (rights issue) which will be implemented by Bank Syariah Indonesia (BSI) in the near future. As the holding company as well as the majority shareholder with a share of 50.83 percent ownership in BSI, Bank Mandiri will exercise its rights by buying and absorbing new shares issued by BSI. Bank Mandiri Corporate Secretary Rudi Asaturridha explained that his party is coordinating with stakeholders and other BSI shareholders, in determining the amount of the absorption of new shares of BSI which will be executed by Mandiri. To be sure, Bank Mandiri will maintain its position as the majority shareholder in BSI. "Our commitment as the holding company and majority shareholder in BSI is to support strengthening the ratio of BSI's capital adequacy, in order to become the largest Islamic bank in the region, according to the government's mandate," said Rudi in a written statement, Friday, September 30. In addition to Bank Mandiri, BSI shares are currently also owned by BNI at 24.85 percent, BRI at 17.25 percent, and other shareholders and the public at 7.07 percent. The government, as of May 2022, has placed a red and white share in BSI. With the existence of these dwiwarna shares, there is state authority in supervising BSI. This is because of the privilege of the rights as a dwiwarna shareholder above from other shareholders. Rudi added, through strengthening capital adequacy, Bank Mandiri as the parent company is committed to making BSI a central reference Islamic bank for customers and business actors who need financial services with sharia principles. This further complements the various financial services owned by the Mandiri Group, as a tangible manifestation of the company in supporting the nation's economy.