BSI's Ambitious Target to Upgrade to KBMI IV: When Will It Happen? Deputy President Director Speaks

JAKARTA, KOMPAS.com - PT Bank Syariah Indonesia (Persero) Tbk or BSI aspires to upgrade to a bank with core capital exceeding Rp70 trillion or KBMI IV. However, this target lacks a definite timeline due to several obstacles. BSI’s Deputy President Director Bob Tyasika Ananta stated that the plan to enter KBMI IV is included in the company’s medium-term strategy, so its realisation cannot be achieved in the near term. “In our plan, we aim to become KBMI IV. At the very least, we think there should be a sharia bank in KBMI IV,” he said when met at BSI Tower, Jakarta, on Tuesday (14/4/2026). Quoting the financial report of this stock-coded BRIS entity, BSI’s core capital as of 31 December 2025 is Rp48.10 trillion. Therefore, to enter KBMI IV, BSI must add Rp21.9 trillion in core capital. Meanwhile, to strengthen its capital, BSI also needs to align its strategic direction with its shareholder structure, including the involvement of Danantara. “In the context of capital, with us now under Danantara, we must propose and align with Danantara,” Bob said. Regarding the scheme for adding core capital, Bob mentioned that they have prepared two strategic paths: organic and inorganic. Organically, capital addition is done through profit increases. Whereas inorganically, options like corporate actions including acquisitions remain open. However, he acknowledged that this inorganic scheme is not easy to realise. Especially since BSI has not yet conducted a business separation (spin-off) from PT Bank Mandiri (Persero) Tbk, as it must align business plans with the parent company and controlling shareholders. “In our first five-year plans, we also had inorganic options, but it turns out they’re not that easy. Why? Back then, before the spin-off, we had many parents. Now, after starting the spin-off, we’re starting to focus,” he explained.