Video: LPS Chief Says Islamic Banking Now More Competitive

Jakarta, CNBC Indonesia – The Chairman of the Board of Commissioners of the Deposit Insurance Corporation (LPS), Anggito Abimanyu, has assessed that the Islamic banking industry has now undergone transformation to become more competitive compared to conventional commercial banks. Abimanyu stated that this claim is not merely opinion, but is based on the results of academic research he has compiled. Further details were discussed in the CNBC Indonesia Power Lunch programme on Wednesday, 25 February 2026.