A New Chapter for Sharia Banking

Bank Syariah Indonesia is targeting investors from the Middle East. This initiative is to preserve market share and to increase the number of account holders.

Tempo

April 24, 2023

THE government’s plan to expand Bank Syariah Indonesia (BSI) must be seen as an opportunity to expand the customer base. This is why the state-owned enterprises (SOEs) ministry is trying to attract foreign investors based on careful business calculations accompanied with satisfactory due diligence.

The endeavor by the SOEs ministry to seek out strategic investors emerged after Bank Negara Indonesia (BNI) and Bank Rakyat Indonesia (BRI) ann

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