PT Bank Syariah Indonesia Tbk

The main activity of Bank Syariah Indonesia (BSI) is the provision of banking and financial services compliant with the principles of Islamic finance (syariah). BSI offers a comprehensive range of banking products and services aimed at both individuals and businesses. Among its offerings are:

• Savings and deposit accounts (regular savings, hajj savings, gold savings, term deposits, etc.)
• Financing (mortgage loans, consumer loans, auto financing, corporate financing, etc.)
• Card services (debit cards, Hasanah credit cards, sharia-compliant payment cards)
• Digital banking services (mobile app, internet banking, BYOND by BSI, etc.)
• Investments and gold products (purchase, sale, gold savings and financing, sukuk, etc.)
• Specialized services (solutions for the hajj and umrah, payroll management, retirement products, etc.)

BSI serves a broad market including individuals, SMEs, large corporations and institutions, with particular attention given to the Indonesian Muslim community seeking financial services compliant with Islamic law. The bank also aims to support financial inclusion and the development of the halal economy in Indonesia.

History of Bank Syariah Indonesia (BSI) and key stages of its development

Establishment:
Bank Syariah Indonesia (BSI) was officially established on February 1, 2021, from the merger of three Indonesian state-owned Islamic banks: Bank BRI Syariah, Bank Syariah Mandiri, and Bank BNI Syariah. This merger was initiated by the Indonesian government to create a strong, competitive national Islamic bank capable of supporting the development of the Islamic economy in Indonesia.

Development and products:
Since its inception, BSI has offered a comprehensive range of Sharia-compliant banking products and services for individuals, businesses, and institutions. Its offerings include savings accounts, real estate financing (BSI Griya), payment cards (BSI Hasanah Card), digital payment solutions (BYOND by BSI), investment products (tabungan emas, sukuk, etc.), as well as wealth management services and financing for Hajj and Umrah.

Partnerships and innovations:
BSI has established numerous strategic partnerships with public and private institutions to accelerate financial inclusion and the digitalization of Islamic banking services. It has also launched initiatives to support SMEs (UMKM) through financing solutions and digital support. In 2025, BSI launched the Bullion Bank, strengthening its role in the national gold ecosystem, with management reaching 22.5 tons of gold in 2026.

Acquisitions and growth:
The initial merger enabled BSI to become the largest Islamic bank in Indonesia, with an extensive branch network and a large customer base. Since then, the bank has continued to expand its services, notably through digitalization and the introduction of new products tailored to market needs.

Strategic changes:
BSI has embarked on a digital transformation strategy, launching digital platforms such as BYOND by BSI and BeWize, making banking services accessible to all. The bank also emphasizes sustainable finance and the integration of ESG (Environmental, Social, Governance) principles into its operations. It plays an active role in promoting Islamic financial literacy and financial inclusion nationwide.

Summary:
In just a few years, BSI has established itself as a major player in Islamic finance in Indonesia, thanks to a strategy of mergers, product innovation, digitalization, and strategic partnerships, while remaining true to Sharia principles and supporting national economic development.

The founder of PT Bank Syariah Indonesia Tbk (BSI) is the result of the merger of three major Indonesian Islamic banks: Bank Syariah Mandiri, BNI Syariah, and BRI Syariah. This merger was initiated by the Indonesian government and the country’s leading state-owned banks in order to create a large national Islamic bank.

The main members of the management team of Bank Syariah Indonesia are:
President Director (Chief Executive Officer): Hery Gunardi
Chairman of the Supervisory Board: Adiwarman Azwar Karim
Executive Directors: Among the directors are Ngatari, Anton Sukarna, Wawan Setiawan, and other executives holding key positions in the operational and strategic management of the bank.

The management team also includes several directors responsible for specific areas such as finance, risk management, compliance, technology and innovation, as well as business development.