Jakarta, 14 May 2018 – PT Bank Central Asia Tbk (BCA) fully supports the initial sales of government securities namely Retail Savings Bond (SBR) SBR003 by acting as the official Distribution Partner appointed by the Ministry of Finance for the Republic of Indonesia.
Attending at the SBR003 launching event was Director-General of Funding and Risk Management of Ministry of Finance Luky Alfirman, Director of BCA Henry Koenaifi, Senior Executive Vice President of Wealth Management of BCA Christine Setyabudhi together with the management of other distribution partners in Jakarta, Monday (14/05).
“As one of the largest national commercial banks in Indonesia, it is an honor for us to become one of the Distribution Partners appointed by the Ministry of Finance. This is the trust that we must maintain,” explained Henry.
Unlike the previous series, the SBR003 is the first retail bond that can be obtained online or via other specified electronic systems provided by the Distribution Partners such as banks, securities companies and financial technology company.
“We certainly believe that the online subscription will improve customers and investors’ convenience while performing a transaction and appeal to the nowadays generation (millennial) who are an avid tech user,” continued Henry.
For BCA’s customers and investors who wish to purchase SBR003, they must first have a KlikBCA Individu account and create a Single Investor Identification and savings bond at nearest BCA’s offices that include BCA Main Branch Office (KCU) or Sub-Branch Offices (KCP) with Prioritas designated lounge. Here, once released, customers can purchase SBR003 easily, securely, and quickly.
The subscription of SBR003 is released at an affordable price, starting from Rp1 million and has floating coupons with minimum coupons (floating with floor) of 6.8% per year. Also, SBR is an investment instrument that cannot be traded. Despite, there’s an early redemption facility or a certain amount of total ownership before its maturity date. The maximum redemption is 50% of total ownership with minimum redemption of Rp 1,000,000 and its multiples.
“With the innovation of making the online subscription available at an affordable price, together, we’re working on instilling the interest of investment in the society,” Henry concluded.
For further information about SBR003, please visit:
https://www.kemenkeu.go.id/single-page/savings-bond-ritel/
BCA Becomes Distribution Partner of SBR003 – (right-left) Director of PT Bank Central Asia Tbk (BCA) Henry Koenaifi, BCA’s customer and SBR003 investors Giring Ganesha, Senior Executive Vice President of Wealth Management of BCA Christine Setyabudhi were making an online purchase of SBR003 through KlikBCA in Jakarta, Monday (14/05). BCA becomes one of the Distribution Partners officially appointed by the Ministry of Finance for the Republic of Indonesia to support the initial sales of the said bonds issued by the government, namely Retail Savings Bond(SBR) SBR003, which is the first retail bonds that can be purchased online or via electronic systems.
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About PT Bank Central Asia Tbk (as of 31st March 2018)
BCA is one of the leading commercial banks in Indonesia with a core focus on transaction banking business and providing loan facilities and solutions to the corporate, commercial & SME and consumer segments. At the end of March 2018, BCA had the privilege of serving 17.5 million customer accounts, processing millions of transactions every day through 1,236 branches, 17,624 ATMs and more than 490 thousand of EDC machines as well as transactions made over the 24-hour internet and mobile banking systems.
For more information, please contact:
PT BANK CENTRAL ASIA
Corporate Secretary – Corporate Communication Sub-division
Public Relations Office
Address : Jl. MH Thamrin No.1
BCA Grand Indonesia Lt. 22
Jakarta Pusat
Phone : (021) 2358-8000
Fax : (021) 2358-8300
E-mail : humas@bca.co.id
