On 22nd August 2017, BNI Syariah was awarded the Best Shariah Bank Award 2017 at the Investor Shariah Awards 2017 which was held at the Thamrin Nine business complex in Jakarta. The bank won in the ‘Best Shariah Bank with Assets above 10 trillion IDR’ category; an accolade the company has acquired for the last four years. The event was attended by BNI Syariah’s Head of Strategic Planning Division Mr Misbahul Munir as well as management members from various shariah banking and financial institutions in Indonesia.
Investor Magazine held the annual event in recognition of the improvements in the business performance of the shariah financial industry in Indonesia. Upon deciding the winners, shariah banks and other shariah-compliant financial institutions were assessed on their 2016 financial reports, including; capital adequacy ratio (CAR), annual net profit growth, non-performing loans ratio (NPL), financing utilisation ratio, and the amount of mudharabah and musyarakah financing provided.
In winning this award, BNI Syariah showcased its capacity to provide a broad range of products and services that have enabled the bank to effectively penetrate diverse market segments be it for individual, consumer, or corporate financing in Indonesia. Coupled with a strong financial performance in the first quarter of 2017, BNI Syariah continues to be a solutions provider for the increasing demand for shariah-compliant products and services in Indonesia.
For further information regarding the latest developments at BNI Syariah, please visit its corporate website.