Bank Syariah Indonesia
Bank Syariah Indonesia (, abbreviated as BSI) is a state-owned Islamic bank in Indonesia. The bank was officially founded on 1 February 2021 as a result of merger between state-owned sharia banks. Bank Syariah Indonesia has obtain merger permit from Financial Services Authority (OJK) dated 27 January 2021, using BRI Syariah as a surviving company. The bank ownership stakes consists of PT Bank Mandiri (Persero) Tbk (51.2%), PT Bank Negara Indonesia (Persero) Tbk (25%), PT Bank Rakyat Indonesia (Persero) Tbk (17.4%), PT Bank Tabungan Negara (Persero) Tbk (38.6%), Financial Institution Pension Fund of BRI (DPLK BRI ) - Sharia Stock (2%), and the public (4.4%). History. BSI originated from three state-owned banks which are subsidiary of larger banks: BRIsyariah (of Bank Rakyat Indonesia/BRI), Bank Syariah Mandiri (of Bank Mandiri) and BNI Syariah (of Bank Negara Indonesia/BNI). Acquisition of another state-owned bank BTN Syariah is currently being discussed. BTN Syariah was founded on 14 February 2005 as a sharia banking unit of Bank Tabungan Negara (BTN).