REPUBLIKA.CO.ID, JAKARTA - Minister of State-Owned Enterprises (BUMN) Erick Thohir said he believes that Bank Sharia Indonesia (BSI) can reach the 6th position as the largest sharia bank in the world.

Erick at the BYOND by BSI Launching in Jakarta, Saturday (9/11/2024) said that BSI currently ranks 9th in the list of the largest sharia banks in the world by market capitalization.

“In short, this is BSI, the ninth-largest sharia bank by market capitalization in the world. It used to be number 12, now number nine,” Erick said.

According to him, the position could rise to 7th or 6th, because Indonesia is the second largest Islamic country in the world after Pakistan.

“According to the database, we are the number two largest Muslim population in the world. It's number two, you know. His number one is Pakistan. That is, the potential from the ninth to the 7th, the 6th is still a reality that can be reached,” Erick said.

Therefore, he asked BSI not to settle for the 9th position of the largest sharia bank in the world, but should be able to rise to a minimum of 6th place.

“And just back, don't be complacent, just the ninth biggest in the world,” Erick said.

At the same place, BSI President Director Hery Gunardi expressed optimism and achievements of Sharia Bank Indonesia, which continues to show rapid growth ahead of its fourth anniversary on February 1, 2025.

In recent years, BSI has grown to become one of the most influential sharia banks, even now ranking as the 9th largest in the world by market capitalization.

“Today BSI is in the position of the best midsize bank in Indonesia. Then thank God with the ever-increasing stock price movement, today BSI is the number nine largest sharia bank in the world by market capitalization,” Hery said.

In September 2024, BSI recorded a profit growth of more than 21 percent compared to the previous year.

Then, the ratio of troubled financing or Non-Performing Financing (NPF) is below 2 percent, while the cost of credit is below 1 percent. BSI continues to strive to provide optimal services to support the sharia economy in Indonesia.

“And this is part of our offering for how to help, support, and also be the new energy driving the sharia economy in Indonesia,” Hery said.

Ikuti Whatsapp Channel Republika