Bank Susila Bakti an early name of Bank Syariah Mandiri (BSM). The influence of the financial crisis in early 1999, the bank was taken over by Bank Mandiri (Indonesian State Owned Bank) with status as Islamic Bank, and in November 1999 it officially became as Bank Syariah Mandiri (BSM). In 2002, Bank Syariah Mandiri received status as a foreign exchange bank.
PT Bank Syariah Mandiri (BSM) is