Sharia Bank Merger Plans Become Positive Catalyst for BRIS Shares

KONTAN.CO.ID – JAKARTA. The government, through the Ministry of State-Owned Enterprises (BUMN), plans to merge or merge Islamic banks and Islamic business units under the state-owned bank (Himbara). If nothing gets in the way, this merger will be completed in early 2021.

Currently, there are three Islamic commercial banks (BUS) which are subsidiaries of state-owned banks and one sharia business unit (UUS). The four of them are PT Bank Syariah Mandiri, PT Bank BNI Syariah, PT Bank BRISyariah Tbk (BREEZE), and UUS PT Bank Tabungan Negara Tbk (BTN Syariah).