Indonesia Islamic Bank (BSI) Health Analysis Using RGEC

Indonesian Islamic Bank (BSI) is the result of a merger of three Islamic banks: Bank BRI Syariah, Bank Syariah Mandiri, and Bank BNI Syariah, effective February 1, 2021. The performance of Bank Syariah Indonesia (BSI) after the merger needs to be assessed using the RGEC method. This study uses the RGEC method, which encompasses four main factors: Risk Profile, Good Corporate Governance (GCG), Earnings, and Capital. The study period is four years, from 2021 to 2024. The results of the Risk Profile study, using the NPF and FDR financial ratios, both indicate a healthy bank. Good Corporate Governance (GCG) using the GCG value is Santa Terpercaya. Earnings, using the financial ratios ROA, ROE, BOPO, and NIM, yielded Very Healthy results, except for the ROE and Capital ratios, which used the CAR ratio, which yielded Very Healthy results.