A Year of Bullion Banking: BSI's Gold Under Management Reaches 22.5 Tonnes

BSI Gold reported total gold under management of 22.5 tonnes. This gold business performance has been running for a year since the bullion bank service was launched on 26 February 2025. BSI President Director Anggoro Eko Cahyo said the bullion service is a strategic government move to strengthen national gold management. The programme was inaugurated by President Prabowo Subianto on 26 February 2025 after the bullion business activity licence was granted to BSI and Pegadaian by the Financial Services Authority (OJK). Not only increasing the volume of gold under management, the bullion service also expands gold ownership among the public. Its inclusive characteristics, easy digital access, and compliance with Shariah principles make gold more affordable for various customer segments. Overall, the number of BSI customers in 2025 rose by more than 2 million to over 23 million, the highest since the merger of sharia banks in 2021. Anggoro explained that Bullion Bank also becomes a source of new customer growth for BSI. The number of bullion bank customers increased by more than 400 percent. “The presence of bullion banks also complements BSI’s existing gold services, such as gold instalments and gold pawns,” he added. With the bullion service, BSI now has an integrated gold ecosystem spanning gold trading, gold deposits, gold instalments, gold pawns, and BSI Gold. Anggoro emphasised that all gold transactions at BSI are conducted in accordance with Shariah principles.