PT Bank Syariah Indonesia Tbk (BSI) and PT Aneka Tambang Tbk (ANTAM) are accelerating efforts to strengthen the national gold bullion industry through a strategic partnership (13/04).

The collaboration was formalized through a Memorandum of Understanding (MoU) to develop gold product services and expand business collaboration, aiming to build an integrated gold ecosystem and encourage a shift toward modern, digital gold investment.

Expansion of Long-Term Partnership to Support Gold Monetization

This agreement marks an expansion of a partnership that has lasted more than 10 years, reflecting a stronger push to support government initiatives in bullion banking, gold monetization, and a sustainable gold ecosystem.

In 2025, BSI absorbed more than 60% of ANTAM’s gold sales in the related-party category, representing around 11% of ANTAM’s total gold sales.

Both companies agreed to enhance cooperation in physical gold trading, especially Logam Mulia products, through digital access, retail distribution, and joint marketing, as well as investment education and literacy programs.

BSI Records Strong Growth Following Bullion Bank License

BSI Director of Sales & Distribution, Anton Sukarna, stated that the partnership marks a key acceleration point for its gold business after obtaining a bullion bank license.

“BSI’s gold business has grown rapidly, both through bullion services and installment and pawn products. Synergy with ANTAM is a key foundation, as most of the gold we distribute is produced by ANTAM. This is clear evidence of strengthening the state-owned enterprise ecosystem in line with government direction,” he said.

BSI’s bullion service customers have reached nearly one million, showing a 658% year-on-year increase. Gold installment customers exceeded 565,000, growing 54.67% year-on-year as of March 2026.

ANTAM Highlights Strong Demand and Supply Commitment

ANTAM Commercial Director Handi Sutanto said the collaboration will strengthen the national gold supply chain and expand access to secure and reliable gold investment.

“As a precious metals gold producer, ANTAM is committed to ensuring the availability of high-quality gold supply and strengthening distribution through strategic partnerships. In 2025, ANTAM recorded gold production of around 743 kg, with sales volume exceeding 37 tons. This reflects strong domestic demand and ANTAM’s strategic role in meeting national gold needs,” he said.

Collaboration Aims to Expand Access and Investment Literacy

The partnership is expected to broaden service reach and improve public understanding of gold investment through both offline channels and digital-based physical gold transactions.

ANTAM stated that strengthening this synergy is part of its effort to support an integrated domestic gold ecosystem, covering supply, distribution, and expanded access to gold-based financial services.

PHOTO: BSI

This article was created with AI assistance.

We make every effort to ensure the accuracy of our content, some information may be incorrect or outdated. Please let us know of any corrections at [email protected].