PT Bank Mega Syariah recorded total wealth management assets under management (AUM) of more than Rp167 billion as of 31 October 2026. The figure grew 52% year on year (YoY) compared with the same period a year earlier.

AUM composition

AUM covers mutual fund products and insurance products through bancassurance services. Mutual funds were the largest contributor at 81.60% of total wealth management AUM, while bancassurance was 18.40%.

Fee-based income

Fee-based income (FBI) from wealth management services rose 1.65% YoY. Mutual fund product distribution contributed 68.75% of total wealth management FBI, and bancassurance 31.25%.

Customer and product profile

By segment, customers holding mutual fund products were 56.28% general banking customers, 40.95% priority banking customers and 2.76% institutional customers. Fixed-income mutual funds were the most popular, at 49.87% of total mutual fund AUM.

The number of active insurance policies through bancassurance exceeded 1,000 as of 31 October 2026. Investment-linked insurance products (PAYDI) were the most chosen, at 64.54% of total active policies.

Development plans

To widen investment product choices, Bank Mega Syariah plans to expand cooperation with leading asset managers. The bank already partners with Manulife Aset Manajemen Indonesia, Danareksa Investment Management Indonesia and Batavia Prosperindo Aset Manajemen.

Bank Mega Syariah Digital Business and Product Management Division Head Benadicto Alvonzo Ferary said the company is developing a sharia mutual fund feature on the M-Syariah app targeted for 2027, as part of digitalizing wealth management services. "We are preparing expanded partnerships with asset managers and insurance companies to add investment and protection product choices for customers. At the same time, we are developing a sharia mutual fund feature on the M-Syariah app targeted for 2027. This development is expected to make it easier for customers to access sharia investment products while supporting the growth of wealth management services," he said, as quoted on Friday (13/11/2026).

The bank will also widen the marketing of wealth management products to premium customers through MegaFirst Syariah, a priority banking service that makes it easier for premium customers to access savings, investment and protection products suited to their financial management needs.

Sources

• Dana Kelolaan Wealth Management Bank Mega Syariah Tumbuh 52% — CNBC Indonesia (Zefanya Aprilia), 13 November 2026 14:25 WIB. https://www.cnbcindonesia.com/market/20261113135429-17-785030/dana-kelolaan-wealth-management-bank-mega-syariah-tumbuh-52