KNews.id- The merger process of three state-owned sharia banks has taken place under the name Bank Syariah Indonesia and will operate in February 2021. The three banks are PT Bank Syariah Mandiri, PT BRI Syariah Tbk., And PT Bank BNI Syariah. Then, what about BTN Syariah , will it follow?.
Deputy Minister of BUMN II Kartika Wirjoatmodjo said that the current merger only involved three Islamic banks. In the future, the bank resulting from the mega merger will take the Islamic bank owned by BTN, which is currently still in the form of a sharia business unit.
“We are optimistic to support the consolidation, we will also transfer BTN, so that in the next 1 or 2 years it can become BUKU 4,” he said in the Kafegama webinar.
However, Kartika did not explain the plan to increase direct capital to the merged bank. Meanwhile, the capital resulting from the merger is estimated to have a core capital of around Rp. 20 trillion.
It is estimated that the profit contribution from the 3 merged banks will only reach IDR 2 trillion this year. With the entry of BTN, of course there will be additional core capital but still will not be able to directly boost the bank resulting from the mega merger through BUKU IV.
Previously, BTN President Director Pahala N. Mansury stated that currently BTN Syariah did not participate in the BUMN sharia mega merger just because it was still a sharia business unit.
The company is still waiting for further directions from shareholders, especially the government, for further corporate action, namely joining the bank that was the result of the merger of BUMN-owned BUS.
“We haven’t participated in the merger process yet. However, the direction is there. We only follow the directions from shareholders, “he said in the Bank BTN Performance Exposure Quarter III / 2020 in Jakarta.
He added that as long as the merger directive has not been completed, BTN will follow the OJK regulations for a spin off no later than 2023, which has not been revised despite many requests for relaxation.
As of the third quarter of 2020, the assets of Bank BTN’s UUS were recorded to grow 11.02 percent  year on year  (yoy) from IDR 29.46 trillion in the third quarter of 2019 to IDR 32.71 trillion. (Ade)
