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Serve 20 Million Customers, BSI Becomes the Largest Sharia Bank in the World with the Most Customers

Serve 20 Million Customers, BSI Becomes the Largest Sharia Bank in the World with the Most Customers

Dream - Deputy Minister of State-Owned Enterprises, Kartika Wirjoatmodjo, said that PT Bank Syariah Indonesia Tbk (BSI) has served more than 20 million customers. This number makes BSI the largest sharia bank in the world.

Serve 20 Million Customers, BSI Becomes the Largest Sharia Bank in the World

Wamen BUMN, added that the achievement was successfully achieved in just 3 years. BSI recorded to have gathered more than 6 million customers since the merger in 2021.

Serve 20 Million Customers, BSI Becomes the Largest Sharia Bank in the World

"BSI has served more than 20 million customers, increasing by more than 6 million since the merger," said the man familiarly known as Tiko at the BSI International Expo 2024, quoted from Liputan6.com, Friday, June 21, 2024. In addition, BSI also becomes the fifth largest bank in Indonesia with the most customers."

"The figure makes BSI the fifth largest bank in Indonesia in terms of the number of customers, and the largest Islamic bank in the world,"

"ucapnya" translates to "he/she said."

               

The other achievement obtained by this state-owned bank is that BSI is included in the top 10 largest Islamic banks in the world. BSI ranks 10th in the list of the largest Islamic banks based on market capitalization.

Serve 20 Million Customers, BSI Becomes the Largest Sharia Bank in the World

"In its third year, BSI has shown impressive performance, including entering the Top 10 Global Islamic Banks in terms of market capitalization, as the stock price of BRIS soared, pushing the company's market cap to reach Rp131.47 trillion on March 13, 2024. With the highest stock price growth compared to other Islamic banks, which is 63.8% year to date, the increase in Indonesian stock contributes to BSI being included in the group of companies actively contributing to the stock exchange and driving the IHSG Indonesia," said the Deputy Minister of State-Owned Enterprises in a written statement."

Wamen added, in terms of financial performance, BSI is the only Sharia Bank among the Top 5 Banks in Indonesia with a total asset of Rp353.4 Trillion and a net profit of Rp5.7 Trillion in 2023.

Serve 20 Million Customers, BSI Becomes the Largest Sharia Bank in the World

BSI is also the largest contributor of zakat in Indonesia, amounting to Rp222 billion in 2023 and targeted to continue increasing every year.

Serve 20 Million Customers, BSI Becomes the Largest Sharia Bank in the World

In terms of expansion, BSI has opened operational branches in Dubai, United Arab Emirates, and is currently in the process of opening branches in Saudi Arabia and continuously developing the potential of the Islamic ecosystem, especially in the hajj and umrah business.

Serve 20 Million Customers, BSI Becomes the Largest Sharia Bank in the World
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