Bank BSN Provides IDR 1.4 Trillion Working Capital Financing to Pegadaian
REPUBLIKA.CO.ID, JAKARTA – PT Bank Syariah Nasional (Bank BSN) has disbursed a working capital financing facility valued at IDR 1.4 trillion to PT Pegadaian. The financing is intended to support the development of Pegadaian’s Sharia financing business while strengthening the collaboration between the two institutions in the digital financial services sector.
The financing agreement was signed by the President Director of Bank BSN, Alex Sofjan Noor, and the Finance and Strategic Planning Director of PT Pegadaian, Ferdian Timur Satyagraha, in Jakarta on Monday (8/6/2026).
Alex stated that the financing facility is provided through the BSN Working Capital Line Facility product, utilising a musyarakah contract in accordance with Sharia principles. “Through this financing facility, Bank BSN is not only supporting PT Pegadaian’s working capital needs to expand Sharia financing services—including both Sharia pawn products and non-pawn financing—but also reaffirming our commitment to providing productive, sustainable financial solutions that add value to society,” Alex said in a press release on Monday (8/6/2026).
According to Alex, Sharia financing, particularly in the Sharia pawn segment and gold-based financing, still possesses significant growth potential. Therefore, collaboration between Sharia financial institutions is considered vital to expanding financing access for the public.
Ferdian Timur Satyagraha, Finance and Strategic Planning Director of PT Pegadaian, noted that this cooperation demonstrates the banking sector’s confidence in Pegadaian’s business prospects. “This collaboration will serve as a new driving force for us to expand the reach of inclusive working capital financing, while simultaneously accelerating our ongoing digital transformation,” said Ferdian.
In addition to financing, both companies are preparing several digital service integrations. One such plan involves adding the Pegadaian Gold Savings feature to Bank BSN’s Bale Syariah application. Through this integration, Bank BSN customers will be able to conduct gold savings transactions directly from their banking application. Conversely, both parties are exploring the use of BSN accounts as a transaction option within the Pegadaian application.
Previous cooperation between the two institutions included the provision of precious metal products from Galeri24 to support Bank BSN’s gold instalment services.
Bank BSN reported total assets of IDR 78.21 trillion as of May 2026. Meanwhile, total disbursed financing reached IDR 58.33 trillion, with third-party funds (DPK) amounting to IDR 61.15 trillion.
Alex remarked that this growth serves as capital for Bank BSN to expand productive financing, including to the corporate and institutional sectors. “This performance is a mandate for BSN to continue expanding its role in supporting productive financing and the development of the national Sharia economy,” said Alex.