Below is a list with tagged columns and company profiles.

Today's Headlines BCA

  • Indonesia's Overall Credit Growth Sluggish, Consumer Credit on the Rise

    Indonesia's Overall Credit Growth Sluggish, Consumer Credit on the Rise

    Consumer credit has been the driver for credit growth in Indonesia's banking sector in the first two months of 2018. Within consumer credit it are the multipurpose and motor vehicles segments that show good growth. Based on data from Indonesia's central bank (Bank Indonesia) consumer credit grew 11.1 percent year-on-year (y/y) to IDR 1,392.4 trillion (approx. USD $101.6 billion) in February 2018, accelerating from a 10.4 percent (y/y) growth pace in the preceding month.

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  • Top Market Capitalization: What is the Biggest Company in Indonesia?

    Top Market Capitalization: What is the Biggest Company in Indonesia?

    After its shares surged 4.33 percent to IDR 19,875 a piece on Friday (22/09), Bank Central Asia (BCA) is now the biggest company listed on the Indonesia Stock Exchange (in terms of market capitalization). On the last trading day of the week the finance sector outperformed all other sectors on the Indonesian exchange. The market seemingly anticipated Bank Indonesia's latest interest rate cut.

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  • Banks in Indonesia Don't Adjust Bond Sales after S&P Rating Upgrade

    Banks in Indonesia Don't Adjust Bond Sales after S&P Rating Upgrade

    Despite the recent rating upgrade from Standard & Poor's, Indonesia's banking sector will not immediately issue bonds to enjoy (expected) higher demand and lower yields. Based on data from the Financial Services Authority (OJK), per March 2017, the value of bonds issued by Indonesian banks fell from IDR 93.22 trillion in December 2016 to IDR 90.25 trillion (approx. USD $6.8 billion) per March 2017.

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  • Bank Central Asia Now Largest Company on Indonesia Stock Exchange

    Bank Central Asia Now Largest Company on Indonesia Stock Exchange

    Bank Central Asia (BCA) is now the the biggest company in terms of market capitalization on the Indonesia Stock Exchange (IDX). At the end of trading on Tuesday (09/05) the company's market cap stood at IDR 443.8 trillion (approx. USD $33.4 billion), replacing cigarette manufacturer HM Sampoerna with its market cap at IDR 440.8 trillion. BCA, part of the Djarum Group, is the second-largest bank in Indonesia in terms of assets.

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  • Bank Central Asia (BCA) Sees Solid Net Profit Growth in 2015

    Bank Central Asia (BCA) Sees Solid Net Profit Growth in 2015

    Bank Central Asia (BCA), one of the largest banks in Indonesia, saw its net profit rise 9.3 percent year-on-year (y/y) to IDR 18 trillion (approx. USD $1.4 billion) in 2015, supported by strong loan growth and the relatively low cost of funds. Meanwhile, BCA's net interest income, the difference between interest earned and interest paid, grew 12 (y/y) to IDR 35.9 trillion (approx. USD $2.7 billion) and non-interest income, which includes fees such as deposit and transaction fees, rose 28.5 percent (y/y) to IDR 12 trillion (approx. USD $909 million).

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  • BCA is Indonesia’s Largest Public Company by Market Capitalization

    BCA is Indonesia’s Largest Public Company by Market Capitalization

    In terms of market capitalization, the largest listed company on the Indonesia Stock Exchange (IDX) is now Bank Central Asia (BCA). BCA, Indonesia’s second largest bank by assets, managed to surpass HM Sampoerna and Astra International at the end of 2014 with a value of IDR 320 trillion (USD $26.6 billion), or 6.1 percent of total market capitalization of the IDX (IDR 5,228 trillion). Despite tougher conditions in Indonesia’s financial sector (amid a higher interest rate environment) shares of BCA rose 36.7 percent in 2014.

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  • Indonesia Investments' Newsletter of 27 April 2014 Released

    On 27 April 2014, Indonesia Investments released the latest edition of its newsletter. This free newsletter, which is sent to our subscribers once per week, contains the most important news stories from Indonesia that have been reported on our website in the last seven days. Most of the topics involve economic topics such as investment realization in Q1-2014, a revision of the Negative Investment List, company profiles of Adaro Energy and Astra Agro Lestari, and more.

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  • Company Profile of Bank Central Asia; One of Indonesia's Largest Lenders

    Company Profile of Bank Central Asia; One of Indonesia's Largest Lenders

    Indonesia Investments updated the company file of Bank Central Asia (BCA). The company is Indonesia’s largest lender by market value and the country's second largest bank by assets. Robust loan disbursements translated into BCA's higher net profit growth in the first half of 2013. In this period the bank posted a 19.3 percent growth (yoy) in net profits to IDR 6.3 trillion, mainly supported by higher net interest income and fee-based income. The bank's loan portfolio grew 24 percent to IDR 280.4 trillion.

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  • Bank Central Asia Posts Limited Growth in Net Profit for 2012

    Bank Central Asia (BBCA), Indonesia’s largest lender by market value and second largest bank by assets, posted net profit of IDR 11.72 trillion (US $1.2 billion) in 2012, meaning an 8.3 percent increase from last year's result. This growth is limited compared to net profit of its main competitors Bank Mandiri that posted 26.6 percent growth in 2012, and Bank Rakyat Indonesia (BRI) that posted a 22.8 percent growth in net profit.

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Latest Columns BCA

  • Life of an Expat in Indonesia: Some Experiences with Indonesian Banks

    Life of an Expat in Indonesia: Some Experiences with Indonesian Banks

    If you move to Indonesia for a longer period – either for work or just for living – you will most likely want (or need) to open a bank account at a local bank (or a foreign bank that has a branch in Indonesia). After all, if you continue to use a foreign bank account, then it will involve relatively high bank charges each time you withdraw money from the automated teller machine (ATM) in Indonesia, or when you conduct an international transaction (online banking).

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  • Indonesian Financial Institutions in Focus: Bank Central Asia (BCA)

    Indonesian Financial Institutions in Focus: Bank Central Asia (BCA)

    Bank Central Asia (BCA), the largest lender by market value and assets in Indonesia, is expected to benefit from Indonesia's tax amnesty program and improving economic growth of Southeast Asia's largest economy. CIMB Securities projects a 10 percent year-on-year (y/y) increase in loan growth in full-year 2016. However, this growth projection is slightly below BCA's loan growth realization one year earlier when it reached 12 percent (y/y). This slowing growth is attributed to lower demand for working capital credit and investment credit.

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  • Bank Central Asia (BCA) to See Slower Credit Growth than State Banks

    Bank Central Asia (BCA) to See Slower Credit Growth than State Banks

    Bank Central Asia (BCA), one of the leading commercial banks in Indonesia, is estimated to continue posting growing net profit and rising credit growth in the years ahead despite the persistently sluggish domestic economy. However, contrary to the state-controlled banks - such as Bank Mandiri, Bank Negara Indonesia (BNI) and Bank Rakyat Indonesia (BRI) - BCA will most likely not see double-digit credit growth in the near future as BCA's customers mostly originate from the private sector. The state-controlled banks, on the other hand, have the advantage of being involved in the government's push for infrastructure development and government spending.

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  • Stock Market Update Indonesia: Down on Politics and Global Data

    Indonesian stocks plunged considerably on Thursday (02/10). The country’s benchmark stock index (Jakarta Composite Index, abbreviated IHSG) declined 2.73 percent to 5,000.81 points, the largest drop in almost six months. This poor performance was caused by both external and internal factors. Externally, various weak economic data from the USA and Europe as well as an appreciating yen impacted negatively on Asian stock indices. Internally, market participants responded negatively toward the inauguration of the new parliament.

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  • Despite Sharp Rupiah Depreciation, Indonesian Stocks Rise 0.18%

    The benchmark stock index of Indonesia (Jakarta Composite Index, abbreviated IHSG) rose 0.18 percent to 5,142.01 points on Monday (29/09) despite the sharp depreciation of the Indonesian rupiah exchange rate. Possibly market participants took advantage of relatively cheap blue chip stocks after the 1.3 percent drop on Friday (26/09) caused by negative market sentiments brought about by the parliament’s passing of a bill which abolishes direct voting of regional leaders. Foreign investors recorded net selling of IDR 542.4 billion.

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  • No Severe Impact Latest Indonesian Tax Scandal on Bank Central Asia

    No Severe Impact Latest Indonesian Tax Scandal on Bank Central Asia

    The tax crime case which involves Bank Central Asia (BCA), Indonesia's largest lender by market value and the second-largest bank by assets, is not expected to have a significant impact on the performance of the shares of BCA. Earlier this week, Hadi Poernomo (Director General of taxation from 2002 to 2004) was questioned by Indonesia's Corruption Eradication Commission (KPK) on allegations of accepting bribes in exchange for tax exemptions - worth of IDR 375 billion (USD $32.8 million) - granted to BCA.

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Associated businesses BCA