Jakarta, hitclubapk3 Indonesia
—
PT Bank Tabungan Negara (Persero) Tbk or
BTN
officially spin-off the sharia business unit (UUS) to PT
National Sharia Bank
(BSN).
The separation was agreed at the Extraordinary General Meeting of Shareholders (EGMS) yesterday (18/11).
“This is the final series of the sharia spin-off process where today all BTN shareholders approved the BTN UUS, which has been part of BTN all this time, we are separating,” said BTN President Director Nixon LP Napitupulu after the EGMS at the BTN Tower, quoted
Between.
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After the spin-off, all UUS BTN assets and liabilities will be officially transferred to the National Sharia Bank.The process for finalizing the delegation will be determined at the BSN EGMS today (19/11), or the day after BTN holds the EGMS to release the rights and obligations of UUS.
With this merger, BSN’s assets reached IDR 71.3 trillion, making it a sharia commercial bank (BUS) with the second largest assets in Indonesia.
“After we separated it, we transferred or transferred it to BSN, where BSN had previously been acquired by BTN under the old name Bank Victoria Syariah,” said Nixon.
Nixon also said that BTN would add capital to BSN of around IDR 6 trillion.
Last June, BTN acquired PT Bank Victoria Syariah (BVIS).Then in August 2025, BVIS through the EGMS agreed to change the company’s name to PT Bank Syariah Nasional (BSN).
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(pta)
