BCA Receives the Best Bank at Investor Bank Award 2019

Jakarta, 28 June 2019 – Amidst Indonesia’s moderate economic growth, PT Bank Central Asia Tbk (BCA) is again recognized for its expertise in managing solid financial performance. As the largest private bank in Indonesia, BCA continue to provide various digital-based banking solutions that cater to customer needs throughout the nation. The company’s performance continues to show positive results and outstanding performance in the terms of the bank’s financial capital strength. This is marked by the achievement of the “Best Bank 2019” under the category of “Commercial Bank with Core Capital Above Rp30 Trillion” at the Investor Best Bank Award 2019.

The award was submitted by the Executive Director of Banking Research and Regulatory Department of the OJK Antonius Harie to Senior Vice President of Investor Relations and Corporate Strategic Alliances of BCA Rudy Budiardjo in Jakarta, Friday (28/06).

“In the midst of global economic turmoil and Indonesia’s steady economic growth, we continuously strive to grow into a solid banking institution. And amid increased competition, BCA is committed to provide a variety of quality targeted banking products and services, such as product development and digital banking services that we continuously upgrade along with customer needs,” explained Rudy. 

Investor Best Bank 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 services industry. The rating was carried out on 113 banks operating in Indonesia based on their financial reports in 2017 and 2018. Based on the assessment conducted by the Judges Panel, BCA is honored with the Best Bank 2019 Investor Magazine after passing the admissions selection and proved its superios performance based on cored capital grouping and was awarded with the Best Bank Under the Category of Core Capital > Rp30 Trillion. 

“The trust from our loyal customers continues to become our source of motivation to maintain and even improve our capital strength, maintain the quality of asset portfolios, and minimize non-performing loans in order to record solid and positive business growth,” Rudy concluded.

As of the end of March 2019, BCA recorded net profit growth of 10.1% reaching Rp6.1 trillion, with loan portfolio grew by 13.2% YoY to Rp532 trillion. By maintaining its superiority in banking transactions, BCA was able to record demand deposits and savings (CASA) growth of 7.2% YoY to Rp483.7 trillion, contributing 76.8% of total third part funds.

BCA Receives Investor Best Bank Award 2019 – Senior Vice President of Investor Relations and Corporate Strategic Alliances of BCA Rudy Budiardjo (right) received the Best Bank Under the Category of Core Capital > Rp30 Trillion submitted by Executive Director of Banking Research and Regulatory Department of the OJK Antonius Harie (left) at the Investor Best Bank Award 2019 in Jakarta, Friday (28/06). Based on the assessment of the Judging Panel of the Investor Best Bank Award 2019, BCA was crowned with the award as the bank managed to maintain business performance and proved superior with core capital strength above Rp30 Trillion in the midst of an increasingly competitive banking competition.