BSI (BRIS) and Antam (ANTM) Sign MoU for Gold Service Development
Jakarta, CNBC Indonesia — PT Bank Syariah Indonesia (Persero) Tbk (BRIS) and PT Aneka Tambang (Persero) Tbk (ANTM) signed a Memorandum of Understanding (MoU) for the development of gold product services and business collaboration in Jakarta on Monday (13/4/2026). The synergy between these two state-owned enterprises is directed towards accelerating the formation of an integrated gold ecosystem while encouraging the public to shift to more modern and digital gold investments.
This step also represents an effort to advance the government’s Asta Cita through strengthening the role of the Bullion Bank via gold monetisation and a sustainable gold ecosystem.
In 2025, BSI absorbed more than 60% of Antam’s gold sales in the related-party category. Compared to Antam’s total gold sales across all categories, BSI absorbed around 11%.
BSI and Antam agreed to enhance collaboration encompassing physical gold trading of Logam Mulia (LM) through digital access, strengthening retail distribution, and synergies in marketing, literacy, and education on gold investment for the public.
“BSI’s gold business has grown very rapidly, both through bullion services and instalment and pawn gold products. The synergy with Antam serves as the main foundation because most of the gold we distribute is Antam’s production. This is concrete evidence of strengthening the state-owned enterprise ecosystem in line with government directives,” said BSI’s Director of Sales & Distribution, Anton Sukarna, in his statement on Monday (13/4/2026).
Through this cooperation, BSI and Antam agreed to elevate their operations by strengthening an easy and secure gold ecosystem. This step also represents a commitment to Wholehearted Service by prioritising good corporate governance principles, while ensuring all cooperation implementations comply with applicable regulations.
On the other hand, Antam’s Commercial Director, Handi Sutanto, stated that this collaboration will strengthen the national gold supply chain while opening broader, safer, and more reliable access to gold investments for the public.
“In 2025, Antam recorded gold production of around 743 kg, with sales volume exceeding 37 tonnes of gold. This achievement reflects high domestic market demand as well as Antam’s strategic role in meeting national gold needs,” said Handi.
He added that strengthening this synergy is also part of Antam’s efforts to support the development of an integrated domestic gold ecosystem, from supply, distribution, to expanding access to gold-based financial services.
“Going forward, Antam views cross-sector collaboration as key to optimally driving gold monetisation, while strengthening gold’s role as a safe and relevant investment instrument for the public,” Handi added.
Notably, BSI’s bullion service customers now approach 1 million, with fantastic annual growth of 658%. Meanwhile, instalment gold customers reached more than 565,000 or grew 54.67% YoY as of March 2026.