Bank Syariah Mandiri (BSM)

Corporate values that uphold the humanity and integrity has been firmly entrenched in all beings Bank Syariah Mandiri (BSM) since its establishment.

BSM presence since 1999, is actually a blessing as well as post-wisdom of economic and monetary crisis of 1997-1998. As known, the economic and monetary crisis since July 1997, followed by multi-dimensional crisis, including the national political stage, has raised a variety of very great negative impact on all life aspects of society, not least the business world. In these conditions, the national banking industry is dominated by conventional banks have a tremendous crisis. The government finally took action to restructure and recapitalize some banks in Indonesia.


One of the conventional banks, PT Bank Susila Bakti (BSB), which is owned by the Employee Welfare Foundation (YKP) PT Bank Dagang Negara and PT Crown of Achievement is also affected by the crisis. BSB trying to get out of this situation by making efforts to merge with some other banks as well as inviting foreign investors.

At the same time, the government merged (merge), four banks (Bank Dagang Negara, Bank Bumi Daya, Bank Exim, and Bapindo) into one new bank known as PT Bank Mandiri (Persero) on July 31, 1999. Merger policy is also placing and setting of PT Bank Mandiri (Persero) Tbk. as the new majority owner of BSB.

Following the merger decision, the bank to consolidate and establish Islamic Banking Development Team. The formation of this team aims to develop Islamic banking services in the enterprise of Bank Mandiri, as a response to the enactment of Law no. 10 of 1998, which provides opportunities for commercial banks to serve the Islamic transactions (dual banking system).

Islamic Banking Development Team considers that the application of the Act is the right moment to do the conversion of PT Bank Susila Bakti from conventional banks to Islamic banks. Therefore, Islamic Banking Development Team immediately prepare the system and its infrastructure, so that the BSB business activity changed from a conventional bank into a bank that operates under Islamic principles in the name of PT Bank Syariah Mandiri, as stated in Deed: Sutjipto, SH, No. 23 dated 8 September 1999.

Changes in business activities of Islamic banks BSB be confirmed by the Governor of Bank Indonesia through the Decree No. BI governor. 1 / 24 / KEP.BI/1999, October 25, 1999. Furthermore, through Decree Senior Deputy Governor of Bank Indonesia. 1/1/KEP.DGS / 1999, Bank Indonesia agreed to change its name to PT Bank Syariah Mandiri. Following the inauguration and legal recognition, PT Bank Syariah Mandiri, officially began operations on Monday the 25th of Rajab 1420 H or November 1, 1999.

PT Bank Syariah Mandiri attend, perform and grow as a bank that is able to combine idealism business with spiritual values, which underlie its operations. Harmony between the idealism of business and spiritual values that is the one of the benefits of Bank Syariah Mandiri in Indonesia work in banking. BSM present to build Indonesia together towards a better Indonesia.

http://www.syariahmandiri.co.id

PT BANK SYARIAH MANDIRI
CABANG DUMAI
Jl. Jend. Sudirman No. 162 Dumai 28813