BSI Officially Becomes State-Owned Enterprise

Significant Corporate Transformation

PT Bank Syariah Indonesia Tbk (BRIS) has officially become a state-owned enterprise (BUMN) following an Extraordinary General Meeting of Shareholders (RUPSLB) held on December 22, 2025 ¹

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Source 2

https://finansial.bisnis.com/read/20251223/231/1938981/hasil-rupslb-akhir-tahun-bsi-bris-sandang-status-persero-kini-jadi-bank-bumn

. This significant corporate transformation was formalized through the amendment of the company's Articles of Association, which included changing the company's name to PT Bank Syariah Indonesia (Persero) Tbk ¹

Source 1

https://finance.detik.com/berita-ekonomi-bisnis/d-8274072/bsi-resmi-jadi-bumn

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Key Changes in Articles of Association

The RUPSLB approved several key amendments to the Articles of Association, including:

1. Change of Company Name: The company's name was changed to PT Bank Syariah Indonesia (Persero) Tbk, reflecting its new status as a state-owned enterprise ¹
   Source 1

   https://finance.detik.com/berita-ekonomi-bisnis/d-8274072/bsi-resmi-jadi-bumn
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2. Alignment with BUMN Law: The amendments were made in accordance with Law No. 19/2003 on State-Owned Enterprises, particularly regarding the special rights of the Series A Dwiwarna shares held by the government ²
   Source 2

   https://finansial.bisnis.com/read/20251223/231/1938981/hasil-rupslb-akhir-tahun-bsi-bris-sandang-status-persero-kini-jadi-bank-bumn
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3. Adjustment of Directors and Commissioners Requirements: The requirements for the appointment of directors and commissioners were adjusted to comply with the latest regulations in the BUMN sector ²
   Source 2

   https://finansial.bisnis.com/read/20251223/231/1938981/hasil-rupslb-akhir-tahun-bsi-bris-sandang-status-persero-kini-jadi-bank-bumn
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Future Plans and Strategic Directions

The transformation comes as BSI continues to strengthen its foundation through digitalization and governance improvements. CEO Anggoro Eko Cahyo previously mentioned that the bank's future direction now depends on Danareksa ²

. The bank is working towards achieving its target of Rp1,000 trillion in assets by 2030, though it acknowledges that organic growth alone will be insufficient ²

Source 2

https://finansial.bisnis.com/read/20251223/231/1938981/hasil-rupslb-akhir-tahun-bsi-bris-sandang-status-persero-kini-jadi-bank-bumn

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Implications of BUMN Status

The new status as a BUMN is expected to make BSI more agile in decision-making and potentially accelerate its growth as a state-owned Islamic bank. The change also indicates a possible future separation from Bank Mandiri, although this remains under consideration ²

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