{
    "success": true,
    "data": {
        "id": 1677991,
        "msgid": "islamic-banks-deemed-more-efficient-limited-number-poses-a-challenge-1776217851",
        "date": "2026-04-15 08:12:14",
        "title": "Islamic Banks Deemed More Efficient, Limited Number Poses a Challenge",
        "author": "Friska Yolandha",
        "source": "REPUBLIKA",
        "tags": "",
        "topic": "Banking",
        "summary": "The Chairman of the Deposit Insurance Corporation (LPS), Anggito Abimanyu, has stated that Islamic banks are demonstrating greater efficiency than conventional banks of comparable size, particularly in pricing and services. However, the limited number of Islamic banks hinders their ability to serve a broad customer base effectively, with only a few large players like Bank Syariah Indonesia holding substantial assets. Additionally, the banking sector's liquidity remains ample, as deposit growth outpaces credit expansion, indicating subdued financing demand and funds largely held by corporations.",
        "content": "<p>REPUBLIKA.CO.ID, JAKARTA \u2013 The Chairman of the Deposit Insurance\nCorporation (LPS) Board of Commissioners, Anggito Abimanyu, stated that\nIslamic banks are now showing efficiency that can compete with\nconventional banks, especially in groups of banks with equivalent\nscales.<\/p>\n<p>\u201cIf compared with the same size, Islamic banks are more efficient\nthan conventional general banks,\u201d said Anggito during the Talkshow and\nHalal Bihalal of the Sharia Economy and Finance Forum Group (FG) PP-ISEI\n2026 at BSI Tower in Jakarta on Tuesday (14\/4\/2026).<\/p>\n<p>He explained that in terms of pricing and services, Islamic banks are\nnearly on par with conventional banks in the same class. However, the\nstill limited number of Islamic banks becomes an obstacle in reaching\ncustomer needs on a broad scale.<\/p>\n<p>\u201cIf the number of Islamic banks is only a few, I think it is not\nsufficient to serve consumers overall,\u201d he said.<\/p>\n<p>Anggito added that currently, there are only a few large-scale\nIslamic banks. One of them is Bank Syariah Indonesia (BSI) with assets\nof around Rp460 trillion, while another Islamic bank, Bank Syariah\nNasional (BSN), is still at Rp76 trillion.<\/p>\n<p>In addition, he also touched on the banking liquidity condition which\nremains quite loose. This is evident from deposit growth that is higher\nthan credit growth.<\/p>\n<p>\u201cDeposit growth above 10 percent, while credit is below 10 percent,\u201d\nhe said.<\/p>\n<p>According to him, this condition shows that financing demand has not\nfully strengthened. As a result, funds are still held in the banking\nsector.<\/p>\n<p>He also mentioned that large deposits, especially those above Rp5\nbillion, are still dominated by corporations.<\/p>\n<p>\u201cThere are two. First, their business generates liquidity. Second,\nthe funds have not been absorbed,\u201d said Anggito.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/islamic-banks-deemed-more-efficient-limited-number-poses-a-challenge-1776217851",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}