Amid a high non-performing financing (NPF) ratio, Bank Syariah Mandiri (BSM) has recovered performance, translating to an increase in its net income to Rp 290 billion (US$22 million) in 2015.

Islamic finance has been frustratingly slow to take off in Indonesia, considering the opportunity: 240 million people, 210 million of them Muslim, with increasing wealth and a widespread interest in ...

TEMPO.CO, Jakarta - Bank Syariah Mandiri (BSM) managed to close the second quarter of this year with better performance. This achievement was marked with increases in assets, financing, third party ...

With assets of about 93tn rupiah ($6.4bn), Mandiri Syariah is Indonesia’s largest Islamic finance company and Wirjoatmodjo expects the pool to top 100tn rupiah by the end of this year.

Fitch Ratings has today affirmed PT Bank Syariah Mandiri's (BSM) National Long-term rating at 'A+'(idn) and the bank's subordinated Islamic bond I/2007 at 'A(idn)'. The Outlook is Stable. Zawya Dow ...

While nobody has quite yet made the best of the big opportunity in Islamic finance in Indonesia, Bank Syariah Mandiri is the one closest to critical mass. It operates out of 796 offices in 33 ...