Bank Syariah Indonesia Sees Net Profit Growth of 37.01% YoY in 3Q 2021

Bank Syariah Indonesia (BSI) recorded a net profit of IDR 2.26 trillion in the third quarter of 2021 (3Q 2021). This was a 37.01% year-on-year (YoY) increase compared with the previous year’s value of IDR 1.65 trillion.

Why it Matters?

The increase in net profit, according to Hery Gunardi, President Director at BSI, is in keeping with the company's goal of focusing on digitalisation, both in terms of product and service. This is reflected in BSI Mobile's total transactions, which saw a rise of 133% YoY to 74.24 million transactions.

Details

The number of transactions via e-channels hit 162.40 million in September 2021. This accounted for 95% of the total transactions at BSI, with only 5% using the teller....