{
    "success": true,
    "data": {
        "id": 1734674,
        "msgid": "fee-based-income-surges-bsis-gold-business-generates-increasing-profits-1778594173",
        "date": "2026-05-12 18:35:16",
        "title": "Fee-Based Income Surges, BSI's Gold Business Generates Increasing Profits",
        "author": "Ahmad Fikri Noor",
        "source": "REPUBLIKA",
        "tags": "",
        "topic": "Banking",
        "summary": "PT Bank Syariah Indonesia Tbk (BSI) reported a 22.3% year-on-year increase in fee-based income, with its gold business emerging as a key growth driver alongside the hajj and umrah ecosystem. As Indonesia's first bullion bank, inaugurated by President Prabowo Subianto in February 2025, BSI has surpassed one million gold savings customers in just one year, offering accessible digital purchases starting from Rp50,000 via the BYOND app to promote long-term saving habits. The segment boasts healthy financing with a 10% return rate and a mere 0.01% non-performing financing ratio, contributing to BSI's Q1 2026 net profit of Rp2.2 trillion and total assets of Rp460 trillion amid ongoing global economic uncertainties.",
        "content": "<p>PT Bank Syariah Indonesia Tbk (BSI) recorded a 22.3 per cent\nyear-on-year growth in commission-based or fee-based income. BSI\nPresident Director Anggoro Eko Cahyo stated that the gold business has\nnow become one of the company\u2019s new strengths, in addition to the hajj\nand umrah ecosystem.<\/p>\n<p>\u201cThe gold business is starting to become a new growth source that is\nincreasingly relevant for BSI,\u201d said Anggoro during the presentation of\nBSI\u2019s Q1 2026 performance on Tuesday (12\/5\/2026).<\/p>\n<p>According to him, BSI\u2019s position as a sharia bank as well as a\nbullion bank provides different growth opportunities compared to other\nbanks.<\/p>\n<p>BSI officially became Indonesia\u2019s first bullion bank since it was\ninaugurated by President Prabowo Subianto in February 2025. BSI Director\nof Finance and Strategy Ade Cahyo Nugroho said the growth in the gold\nbusiness is evident from the surge in the number of gold savings\ncustomers, which has now exceeded one million users. Meanwhile, the\nservice has only been running for about one year.<\/p>\n<p>\u201cWhat we are promoting is not people buying gold for short-term\nspeculation, but building long-term saving habits,\u201d Ade stated.<\/p>\n<p>Through the BYOND app, the public can now purchase gold starting from\nRp50,000. Customers can also sell or transfer gold digitally.<\/p>\n<p>According to Ade, this scheme makes gold investment more affordable\nfor the wider public, especially the younger generation.<\/p>\n<p>In addition to the increasing number of customers, the gold business\nis also considered to have very healthy financing quality. BSI Director\nof Risk Management Grandhis Helmi Harumansya said gold financing has a\nreturn rate of around 10 per cent with a non-performing financing (NPF)\nratio of only 0.01 per cent.<\/p>\n<p>\u201cGold financing is one of the segments with the best quality,\u201d said\nGrandhis.<\/p>\n<p>To date, the total gold managed by BSI through its bullion business\nreaches around 23 tonnes. On the other hand, the growth in the gold\nbusiness also supports the company\u2019s overall performance. In Q1 2026,\nBSI recorded a profit of Rp2.2 trillion, or a 17.1 per cent year-on-year\nincrease, with total assets reaching Rp460 trillion.<\/p>\n<p>BSI assesses that the trend of increasing gold investment will\ncontinue along with high global economic uncertainty and growing public\nawareness of safe investment instruments.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/fee-based-income-surges-bsis-gold-business-generates-increasing-profits-1778594173",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}