National Sharia Bank Profits Surge 313% Following Spin-Off

JAKARTA, KOMPAS.com – PT Bank Syariah Nasional (BSN) recorded a significant surge in financial performance throughout the 2025 fiscal year. This comes alongside the impact of the corporate action involving the spin-off of the sharia business unit from PT Bank Tabungan Negara (Persero) Tbk (BBTN) in December 2025. According to the company’s financial report, BSN’s net profit at the end of 2025 reached Rp 83.64 billion, an increase of 313.85% year-on-year compared to the Rp 20.21 billion profit in 2024. In terms of the balance sheet, BSN’s growth is reflected in the drastic rise in total assets. As of 31 December 2025, BSN’s total assets stood at Rp 73.07 trillion, up 2,104.5% from the previous year’s position of Rp 3.31 trillion. This achievement also positions BSN as the second-largest sharia bank in Indonesia in terms of assets. On the funding side, BSN also recorded highly significant growth. Third-party funds (DPK) in 2025 reached Rp 58.73 trillion, surging 4,206.5% from the 2024 position of Rp 1.36 trillion. This positive performance was also driven by an increase in income based on receivables and profit-sharing. Income from fund management as mudharib was recorded at Rp 2.73 trillion, up 1,112.3% from Rp 224.8 billion in 2024. BSN President Director Alex Sofjan Noor stated that the performance achievements throughout 2025 are the result of the company’s collective efforts and support from stakeholders, including the parent company. “This achievement is a blessing and proof of stakeholder trust. Support from BTN as the parent has been the driving force for Bank BSN to deliver its best performance,” Alex said in a written statement in Jakarta on Wednesday (6/5/2026). In addition, BSN will prioritise digital-based innovation to expand service access to the public. “We are determined to be part of a modern and digital-minded sharia bank. All services will be connected digitally to facilitate public access anytime and anywhere,” he said. This digital transformation effort is part of the company’s long-term strategy to enhance competitiveness in the increasingly competitive sharia banking industry.