On 9th August 2016, leading local bank BNI Syariah received its most recent accolade for ‘Best Syariah Bank’ from well-known business magazine Majalah Investor during the 11th ‘The Best Syariah Bank 2016’ event. The award is BNI Syariah’s third-consecutive accomplishment from the magazine which recognises the bank for having assets of 10 – 25 trillion IDR for the current financial year. President Director of BNI Syariah, Mr Imam Teguh Saptono received the award and partially credits the bank’s growth to the BNI Financial Service channel which is linked to its parent company, PT Bank Negara Indonesia Tbk.
The event acknowledged industry leaders that have played a significant role in the development of shariah banking, insurance as well as mutual funds. Majalah Investor took into account a shariah bank’s assets, profitability, third-party funds, and BOPO as part of the criteria for its ‘Best Syariah Bank’ award. Having reached a year-on-year net profit amounting to 145.65 billion IDR – a 45.73% increase – in June 2016, BNI Syariah illustrated its key advantage that has kept it at the forefront of Indonesia’s highly-competitive shariah banking and finance industry. Moreover, during the event Mr Imam Teguh Saptono introduced BNI Syariah’s ‘Riba Amnesty’ product that was launched in keeping with the Indonesian government’s recent Tax Amnesty programme. Through BNI Syariah’s Riba Amnesty programme, the bank hopes to spur a greater number of users utilising the country’s available shariah banking and financing services.
Upholding the ‘Hasanah’ principle, BNI Syariah remains committed in becoming a fast-growing and well-principled shariah bank in Indonesia. As such, the bank’s latest accomplishment represents its unwavering dedication to further the growth of shariah banking and finance in Indonesia.
For further information regarding the latest developments at BNI Syariah, please visit its corporate website.