PT BSI (PT Bank Sharia Indonesia) is one of
the largest Islamic banks in Indonesia which is the result of
the merger of three state-owned Islamic banks, including PT
BNI Sharia, PT Bank Mandiri Sharia, and PT Bank BRI
Sharia. This study aims to analyze the role of Good Corporate
Governance in supporting the performance of Islamic
Banking after the merger into BSI by analyzing the value of
ROA and ROE before and after the merger, and reviewing
the role of GCG in supporting financial performance as
measured by the CGPI rating obtained from the company's
annual report. This study uses a quantitative descriptive
approach in analyzing differences in ROA and ROE before
and after the merger, and analyzing the role of GCG in
supporting this financial performance. The results of the
analysis on GCG indicators show that there is no difference
before and after the merger. Meanwhile, financial
performance shows an increase compared to before the
merger, which is indicated by the value of ROA and ROE in
2020 to 2022. This study gives insight in developing
knowledge related to the financial performance after merger,
and focusing on the sharia bank industry.
Keywords: Good Governance, Bank Performance, PT BSI’s,
Merger