Below is a list with tagged columns and company profiles.

Today's Headlines BBCA

  • 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.

    Read more ›

  • Indonesia Turns into Bullish Market as Quantitative Easing Continues

    The Federal Reserve's decision not to change its quantitative easing program seems to have led to a bullish market in Asia. Indonesia's benchmark stock index (IHSG) rose 4.37 percent to 4,658.2 points after the first session on Thursday's trading day (19/09). All sectoral indices were up, with the property sector in leading position. Big cap stocks, in particular, performed well. Investors are relieved that the Fed did not alter its stimulus program. Thus, funds are expected to continue flowing to emerging markets, including Indonesia.

    Read more ›

  • Largest Indonesian Companies in Terms of Market Capitalization

    Largest Indonesian Companies in Terms of Market Capitalization

    In recent years, Astra International, one of Indonesia's largest diversified conglomerates, dominated the Indonesia Stock Exchange (IDX) in terms of market capitalization. However, it increasingly felt the competition of HM Sampoerna, Indonesia's largest tobacco company. Over the last five years, HM Sampoerna's market capitalization grew by a staggering 746.2 percent. It is also interesting to note that a  handful of Indonesian companies account for over one-third of market capitalization of Indonesia's stock exchange.

    Read more ›

  • 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.

    Read more ›

Latest Columns BBCA

  • Telkom Satellite Error Causes Problems at Indonesian ATMs

    Telkom Satellite Error Causes Problems at Indonesian ATMs

    Since Friday (25/08) many Indonesians are having trouble to use ATMs (for withdrawing money and conducting various payments). Last week the Telkom-1 satellite started to suffer technical difficulties as a shift on the satellite's pointing antenna disrupted transponders. Considering most of Indonesia's major banks use this satellite, owned by Telekomunikasi Indonesia, for their telecommunication network, thousands of ATMs - hence millions of Indonesians - are affected.

    Read more ›

  • 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.

    Read more ›

  • 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.

    Read more ›

  • Currency Update: Why Indonesia’s Rupiah Touches a 17-Year Low

    Currency Update: Why Indonesia’s Rupiah Touches a 17-Year Low

    The Indonesian rupiah touched a 17-year low as the currency continued to depreciate amid persistent bullish US dollar momentum. The rupiah weakened to IDR 13,539 per US dollar according to the Bloomberg Dollar Index on Friday (31/07). The US Commerce Department announced on Thursday (30/07) that US gross domestic product (GDP) expanded at 2.3 percent (year-on-year) in the second quarter of 2015, giving rise to heightened expectation that the US Federal Reserve will raise its key interest rate soon.

    Read more ›

  • Economic Update Indonesia: Stocks, Rupiah, Infrastructure & Economy

    Economic Update Indonesia: Stocks, Rupiah, Infrastructure & Economy

    Ahead of the release of Indonesia’s official first quarter GDP growth figure (scheduled to be released in the first week of May), Indonesian stocks fell and the rupiah depreciated (slightly) against the US dollar on the back of weak market sentiments that have plagued Indonesian markets over the past week. Most importantly, weaker-than-expected Q1-2015 corporate earnings reports of listed Indonesian blue chips have made market participants concerned that Indonesia’s economic slowdown has continued into the first quarter of 2015.

    Read more ›

  • Indonesian Rupiah and Stocks Update: Profit Taking Causes Falling Index

    The benchmark stock index of Indonesia (Jakarta Composite Index, abbreviated IHSG) declined 0.92 percent to 5,136.86 points on the last trading day of the week. Seven of the ten sectorial indices fell, led by the finance sector (-1.66 percent), followed by consumer goods (-1.50 percent) and manufacturing (-1.34 percent). The main reason for this poor performance is that investors are again looking at the true fundamentals of the Indonesian economy instead of optimism about Joko Widodo becoming Indonesia’s seventh president.

    Read more ›

  • What are the Best Performing Indonesian Stocks so Far in 2014?

    What are the Best Performing Indonesian Stocks so Far in 2014?

    Regarding stock trading on the Indonesia Stock Exchange, investors who focused on property, banking and infrastructure stocks have made the highest profit so far in 2014. Although all sectoral indices that are contained within the benchmark stock index of Indonesia, known as the Jakarta Composite Index (abbreviated IHSG) have shown a good performance, the three aforementioned sectoral indices stand out as the country's top performers. Indonesia's IHSG has risen 16.14 percent between 1 January and 26 May 2014.

    Read more ›

  • 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.

    Read more ›

  • Dividend Payouts Expected to Support Performance of Stock Exchange

    At least 17 Indonesian companies listed on the Indonesia Stock Exchange (IDX) have announced to pay out dividends to shareholders for the financial year 2013. The payouts will be conducted between 23 April and 30 June 2014. These dividend payout announcements are expected to have a positive impact on the performance of Indonesia's benchmark stock index (known as the Jakarta Composite Index or IHSG). However, the payout is usually followed by a short period of profit taking as investors sell certain stocks.

    Read more ›

Associated businesses BBCA