[ad_1]
Jakarta, CNBC Indonesia – The country’s financial and banking landscape, especially the sharia, will have new players coming from old faces. TThe three Islamic commercial banks that are state-owned companies, namely PT Bank BNI Syariah, PT Bank BRISyariah Tbk (BRIS) and PT Bank Syariah Mandiri (BSM) are officially in the process of merging.
This is established in the MoU or Memorandum of Understanding (Conditional Merger Agreement / CMA) between the three banks and their respective parent companies that were signed on Tuesday afternoon (10/13/2020).
In this merger, BRISyariah Bank is designated as bank survivor or the entity that receives the incorporation (surviving entity) of the merger of three Islamic banks BUMN.
“Paying attention to the Conditional Merger Agreement, after the merger becomes effective, BRIS will become the entity that receives the merger, and the shareholders of BNI Syariah and the shareholders of BSM, will become the shareholders of the entity that receives the merger. accepts the merger, “BRIS management wrote in an information release, quoted on Tuesday (10/13/2020).
In a press conference on Tuesday afternoon, the team leader of the Project Management Office (PMO), who is also the acting director of PT Bank Mandiri Tbk (BMRI), Hery Gunardi, said that the reason for this fusion was increase core competence respectively, except for state-owned banks.
“The BUMN Ministry plans to merge 3 Islamic banks, BRIS, BSM and BNIS. The goal is for Indonesia to become the largest Muslim population country in the world, 13% of the world’s Muslim population is Indonesia. So hope it is that there is a great Islamic bank and global competitiveness not only nationally but also internationally, “he said. .
Actually, what are the prospects for merging the three banks?
Will the results of the merger of the three banks only produce financial institutions that are ‘B just’ also known as ordinary, or will the merger of the three banks produce a financial institution? powerful?
Based on data compiled by the CNBC Indonesia research team, tIt turns out that this merger will produce a new Islamic banking entity, which according to the news circulating among the market players will be called Bank Amanah, with total assets of 214 trillion rupees.
Total assets are ranked 7th above PT Bank Pan Indonesia Tbk (PNBN) or Bank Panin, which has total assets of Rs 211 trillion.
The total assets of ‘Bank Amanah’ alone can make other Islamic banks look dwarfed. Because with assets of Rs 214 trillion, the total assets of ‘Bank Amanah’ are equal to 40.37% of the total assets of all Islamic and Sharia (UUS) banking business units in Indonesia. This means that this entity has assets of almost half of the total assets of all its competitors.
In fact, in a virtual press conference on this merger, Hery Gunardi explained that the total projected assets of the three Islamic banks would reach 390 trillion rupees.
Therefore, not only on a local scale, but also on a global scale, the ‘Bank Amanah’ will be able to shine. This is because this bank will later enter the top 10 of the largest Islamic banking assets in the world.
The merger of state sharia banks will later rank as the 10th largest sharia bank in the world with total assets of $ 26.44 billion (exchange rate of $ 1 = Rs 14,750) above the bank Rakyat from Malaysia, which has assets of $ 25.84 billion. Islamic banking data published by The Asian Banker.
Not only does it have giant assets, this merged bank also has total funding of Rs 165 trillion or 44.99% of the total funding of all Islamic and UUS banks in Indonesia, which is Rs 368 trillion.
Regarding the Hery funding target, which is Rs 272 trillion, Syria’s total bank funding resulting from this merger will reach 57.26% of the total funding from all Islamic banks and UUS.
In terms of the funds raised, it is also fantastic, namely Rs 157 trillion which is 37.33% of the total funds raised by all Islamic banks and UUS.
The resilience of Islamic banks to deal with the corona virus pandemic cannot be underestimated.
According to financial reports, the three banks to be merged are seen to have successfully posted a net profit in the first half of 2020, with a net profit led by BSM registering a net profit of Rs 720 billion with a net profit. total of the three banks of Rp.
Simply put, with the presence of ‘Bank Amanah’, BUMN Minister Erick Thohir’s dream of making Indonesia the center of sharia economy and finance in the world is no longer just an invention.
CNBC INDONESIA INVESTIGATION TEAM
[Gambas:Video CNBC](trp / trp)
