PT Bank Syariah Indonesia (Persero) Tbk (lit. 'Sharia Bank of 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 obtained the merger permit from the Financial Services Authority (OJK) dated 27 January 2021, using BRI Syariah as the surviving company.[3] As of June 2024, BSI is the world's largest Islamic bank by customer numbers.[4] BSI ATMs do not accept foreign cards.[5]
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).