BSN Sets Ambitious Growth Target Post Spin-off from BTN

Asset Transfer and Capital Increase Approved

Bank Syariah Nasional (BSN) has officially received the transfer of assets and liabilities from Bank Tabungan Negara's (BTN) Syariah Business Unit, bringing BSN's total assets to approximately Rp71 trillion. The company's leadership revealed plans to achieve significant growth, targeting assets to exceed Rp100 trillion within the next 2 years.

The Extraordinary General Meeting of Shareholders (RUPSLB) held on November 19, 2025, provided crucial approvals for the bank's future plans. The meeting, led by BSN's Independent Commissioner and Chairman of the Board of Commissioners, Bahrullah Akbar, approved four key agenda items. These included the acceptance of the spin-off from BTN's Syariah Business Unit and the approval for increasing the company's basic capital, issued and paid-up capital, and amendments to the Articles of Association.

Strategic Implications of the Asset Transfer

The transfer of assets and liabilities from BTN's Syariah Business Unit to BSN marks a significant milestone in the bank's journey. With the spin-off now complete, BSN is well-positioned for future growth. Arga M. Nugraha, BSN's Deputy President Director, confirmed that the RUPSLB approved the acceptance of the transfer of rights and obligations from BTN's Syariah Business Unit, which will be recorded as an increase in BSN's paid-up capital.

The effective date of the transfer marks the beginning of BSN's new chapter as an independent entity. With its enhanced asset base and capital structure, BSN is poised to achieve its ambitious growth target. The bank's current asset position of Rp71 trillion is expected to be strategically leveraged to reach the Rp100 trillion mark within the specified timeframe.

Market Positioning and Future Prospects

BSN is currently one of the largest Islamic banks in Indonesia, and the recent developments position it strongly for future expansion. The bank's growth plans are likely to focus on both organic growth strategies and potential consolidation opportunities in the Islamic banking sector. With its enhanced financial capacity, BSN is expected to play a significant role in Indonesia's Islamic finance market.