REPUBLIKA.CO.ID, JAKARTA - The performance of PT Bank Syariah\nIndonesia (Persero) Tbk (BSI) shows solid results at the beginning of\n2026. The company\u2019s steps to accelerate digitalisation, expand gold\nbusiness services, strengthen the consumer segment, and focus on\nsupporting government programmes in productive sectors and UMKM have\nproven effective in maintaining the positive and sustainable growth\ntrend of the company\u2019s performance.<\/p>\n
BSI continues to strengthen support for the government\u2019s Astacita\nprogramme, particularly in channelling retail segment financing to\naccelerate national economic growth. BSI provides support for the MBG\necosystem through the provision of SPPG, micro, SME, and KUR Syariah\nfinancing. These steps have proven effective, as reflected in BSI\u2019s\nsolid financial ratios and good intermediation function between\nthird-party funds and financing.<\/p>\n
Overall, BSI\u2019s performance (unaudited) as of February 2026 shows\nsolid growth in various key indicators. Financing grew 14.32% to Rp323\ntrillion year-on-year, with the largest contribution coming from the\nconsumer segment, particularly the gold business.<\/p>\n
In addition, financing growth was also strengthened by contributions\nfrom retail financing, including UMKM, reaching Rp52.43 trillion, up\n6.10% year-on-year. The company is committed to supporting UMKM to level\nup, from mentoring, training, financing, business matching, to providing\nBSI UMKM Centre services.<\/p>\n
Financing growth was also supported by the company\u2019s strategy in\nstrengthening differentiation through the bullion bank business, which\nis one of BSI\u2019s strengths. Since obtaining the bullion bank licence,\nBSI\u2019s gold business has shown significant growth and become one of the\nmain drivers of the company\u2019s performance.<\/p>\n
This performance is also strengthened by the increase in gold\nmanagement which has reached around 22.5 tonnes and a customer base that\ncontinues to grow to 23 million in the last four years.<\/p>\n
From the profitability side, BSI also recorded a profit of Rp1.36\ntrillion, growing around 17% year-on-year, continuing the sustainable\ngrowth trend in recent years.<\/p>\n
On the other hand, fee-based income (FBI) increased to Rp1.47\ntrillion, or grew 30% year-on-year. The main contributor to FBI growth\ncame from gold banking services which recorded the highest surge of\n136.55% to Rp463 billion.<\/p>\n
FBI performance was also supported by treasury business and e-channel\nservices, reflecting the effectiveness of BSI\u2019s digitalisation and\nservice diversification strategy. As of February 2026, the number of\nBYOND by BSI superapp users reached 6.3 million with 125.4 million\ntransactions.<\/p>\n
From the intermediation side, Third-Party Funds (DPK) grew 14.76%\nyear-on-year to Rp366 trillion. This growth was driven by an increase in\nsavings of 16.06% year-on-year to Rp154 trillion, reflecting the\nincreasing public trust in sharia banking services.<\/p>\n
The company\u2019s liquidity remains maintained with a Financing to\nDeposit Ratio (FDR) at 88.20%. Meanwhile, the contribution of fee-based\nincome to total income has also increased, as reflected in the rise of\nthe fee-based ratio to 24.59% annually.<\/p>\n
This performance affirms the success of BSI\u2019s strategy in\nstrengthening a more balanced income structure between margins and fees,\nwhile increasing business resilience amid financial industry dynamics.\nThe company is optimistic about maintaining healthy and sustainable\ngrowth throughout 2026, supported by strengthening the sharia ecosystem,\ndigital transformation, and gold business development as one of the main\ngrowth pillars.<\/p>\n
BSI Supports Government Astacita Programme<\/p>\n
In addition to bullion bank and SAL fund placement, BSI also\ncontributes to the Free Nutritious Meals (MBG) programme through the\nprovision of 1520 virtual account services for BGN Partners and\nfinancing for MBG SPPG kitchen construction reaching Rp194.50 billion\nfor 145 kitchens. BSI also supports the government\u2019s aspiration to\nrealise around 80,000 KDMP cooperatives.<\/p>\n
In addition, from the beginning of the year to February 2026\n(year-to-date), BSI has channelled KUR financing of Rp1.65 trillion. BSI\nalso supports the 3 Million Houses FLPP Programme (subsidised housing)\nyear-to-date February 2026 amounting to Rp94.82 billion for 582 housing\nunits and KPP channelling year-to-date February 2026 amounting to Rp259\nbillion.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/supporting-government-programmes-bsi-records-solid-performance-since-the-start-of-the-year-1774525910", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }