JAKARTA (Yosefardi) – PT Bank Syariah Mandiri (BSM) gets capital injection of Rp500 billion from its parent company PT Bank Mandiri Tbk (BMRI), bringing BSM as the first syariah bank which enters into BUKU 3 Category, with capital of more than Rp5 trillion.

With the capital injection, BSM’s capital adequacy ratio (CAR) increases to 12.97% with its core capital reaching Rp5.4 trillion.

BSM’s paid up capital reached Rp1.99 trillion and equity amounted Rp5.61 trillion. BSM targets to boost its assets to Rp200 trillion by 2020. BSM’s third party funds reached Rp59.71 trillion as at September 2015.