Aiming to Become a Jumbo Bank, BSI (BRIS) Prepares Multiple Scenarios
Jakarta, CNBC Indonesia — PT Bank Syariah Indonesia (Persero) Tbk. (BRIS) has discussed options for advancing to the core capital-based bank group (KBMI) IV. This forms part of the company’s medium-term plan.
Deputy President Director of BSI, Bob Tyasika Ananta, stated that meeting capital requirements is key to achieving this plan. To that end, BSI must first submit its proposals to its controller, the Investment Management Agency (BPI) Daya Anagata Nusantara (Danantara), to ensure alignment.
“In our medium-term plan, that is the goal. But the key aspect there is capital. In the context of capital, now that we are under Danantara, we have to propose it, so it must align with that. Yes, our plan is to become KBMI IV,” explained Bob at BSI Tower on Tuesday (14/4/2026).
He said BSI is preparing both organic and non-organic schemes for the upgrade to KBMI IV. Organically, the state-owned sharia bank will strengthen its capital by accumulating profits.
In addition, Bob said BSI is not ruling out non-organic growth through acquiring other banks. However, he noted that this option is not easy to implement.
“For the inorganic side, there is some thinking about it. But in our first five-year plan, there were also inorganic elements. It turns out it’s not that easy,” said Bob.
This is because BSI needs to align its plans with its parent companies and controllers.
Furthermore, Bob said the bank will also consider the entry of foreign investors.
As is known, the government previously had plans to divest BRIS shares. The government was seeking investors from the Middle East to become strategic shareholders in BRIS.
Bob said that plan has not yet been carried out. Based on his experience, Middle Eastern investors usually want to hold a dominant role as bank shareholders.
“Because on that point, from my experience, if there are investors from the Middle East, they are okay but want to be dominant. Well, we can’t do that either. But if there really is an investor, we might consider it. But we have to see,” Bob concluded.