Bank BSN Targets Rp87 Trillion in Assets for 2026, First Half Performance Exceeds Target

PT Bank Syariah Nasional (Bank BSN) has reported a strong performance in the first half of 2026, with total assets reaching Rp78.8 trillion. This figure represents a 20.1% year-on-year growth and surpassed the bank's target for the first semester. This achievement positions Bank BSN as the second-largest Islamic bank in Indonesia and provides a solid foundation for its year-end target.

Alex Sofjan Noor, the President Director of Bank BSN, stated that the bank is aiming for total assets of approximately Rp87 trillion by the end of 2026. Alongside this, the bank targets Rp66 trillion in financing and Rp69 trillion in third-party funds (DPK), while maintaining the quality of financing and profitability. "In 2026, Bank BSN targets total assets of around Rp87 trillion, financing of around Rp66 trillion, and third-party funds (DPK) of around Rp69 trillion, while maintaining financing quality and profitability performance," Alex said.

Since its official operation as an independent entity following its spin-off from PT Bank Tabungan Negara (Persero) Tbk, Bank BSN has gained greater flexibility to respond to market dynamics and enhance its competitiveness in the Islamic banking industry. The bank's financing portfolio is predominantly focused on the housing sector, contributing approximately 93% of the total financing. This includes subsidized housing loans (KPR Subsidi) amounting to Rp37.19 trillion and non-subsidized housing loans (KPR Nonsubsidi) of Rp18.36 trillion.

In terms of funding, Bank BSN has gathered Rp61.6 trillion in third-party funds, an 11.5% increase compared to the same period last year. This growth has been supported by the enhancement of digital services through the Bale Syariah by BSN application. The growth in intermediation has also boosted Bank BSN's net profit to Rp444 billion in H1 2026, a 10.7% increase year-on-year, exceeding its semester target by 112.2%. Profitability indicators have also shown improvement, with Net Interest Margin (NIM) rising to 4.00% from 3.72% in the previous year, and fee-based income surging by 89.9% to Rp127.3 billion.