BCA Named the Best Issuer at Investor Award 2019

Jakarta, 16 May 2019 – PT Bank Central Asia Tbk (BCA) has once again recognized for its expertise in managing solid financial performance amidst Indonesia’s moderate economic growth. BCA’s continuous commitment to provide various banking solutions that caters to customers’ financial needs from diverse segments has resulted in a positive and outstanding performance of the bank’s financial capital strength. This is marked by winning the Best Issuer 2019 for Top Performing Listed Companies 2019 in the Market Capitalization above Rp10 Trillion category. 

The award was submitted by Deputy Commissioner of Capital Market Supervisory 2A of the Financial Services Authority (OJK) Fakhri Hilmi to the President Director of BCA Jahja Setiaatmadja accompanied by BCA’s Corporate Secretary Jan Hendra in Jakarta, Thursday (16/05).  

“In the midst of global economic turmoil, we continuously strive to grow into a solid banking institution. BCA continuous commitment to provide a variety of quality targeted banking products and services as well as the ease and convenience of transactions has become the bank’s robust foundation amid the increasingly competitive banking industry. The trust that our customers have in us has also become our source of motivation to continue maintain and even increase our capital strength index, maintain the quality of asset portfolio, and minimize non-performing loans in order to record a solid and positive business growth,” said Jahja. 

Investor Award is an annual event organized by Investor Magazine as a form of appreciation to all banks that have successfully recorded outstanding assets and performance in the midst of fierce competition in the financial service industry. There are 12 criteria rating systems used, including capital adequacy ratio (CAR) 2018, non-performing loans (NPL) 2018, return on asset (ROA) 2018, return on equity (ROE) 2018, net interest margin (NIM) 2018, operating expense ratio (OER) 2018, loan to deposit ratio (LDR) 2018, net interest income growth, non-interest operating income growth, operating profit growth, credit growth, and cost to asset ratio. Based on the assessment conducted by the Judges Panel, BCA is honored with the best bank after passing the admissions selection and proved its superior performance based on core capital grouping and is awarded with the Best Issuer 2019 for Top Performing Listed Companies 2019 under the Market Capitalization above Rp10 Trillion category. 

“We consistently observe the business dynamics. Strong capital position, adequate liquidity and healthy credit quality are major factors for future business growth. As of the end of March 2019, BCA recorded a 10.1% net profit growth reaching Rp6.1 trillion, with a loan portfolio grew by 13.2% YoY to Rp532 trillion,” Jahja concluded.  

BCA Crowned the Best Issuer at Investor Award 2019 – President Director of BCA Jahja Setiaatmadja (center) received the Best Issuer 2019 Award for Top Performing Listed Companies 2019 in the Market Capitalization above Rp10 Trillion category, which was submitted by Deputy Commissioner of Capital Market Supervisory 2A of the Financial Services Authority (OJK) Fakhri Hilmi (left) at the Investor Awards 2019 in Jakarta, Thursday (16/05). Based on the assessment conducted by the Judges Panel of the Investor Award 2019, BCA is appreciated for successfully maintaining a solid business performance and proved to be outstanding by achieving market capitalization above Rp10 Trillion in the midst of increasingly competitive banking industry.