Maintaining Outstanding Performance, BCA Wins Forbes Indonesia’s ‘Best of the Best’ Awards 2018

Jakarta, 29 November 2018 – The existence of PT Bank Central Asia Tbk (BCA) as a leading banking institution for more than 61 years continues to be recognized by various parties, both domestic and international. After winning the Priority Integration Sector Award at prestigious ASEAN Business Award 2018, this time, BCA made another outstanding achievement by winning the Best of The Best Awards 2018 organized by Forbes Indonesia, a leading business and financial magazine in the world.

Director of PT Bank Central Asia Tbk (BCA) Lianawaty Suwono attended the event to receive the award, which was directly handed over by Editor-in-Chief of Forbes Indonesia Taufik Darusman at the Forbes Indonesia's 8^th Best of the Best Awards and Gala Dinner in Jakarta, Thursday (29/11). On the occasion, Lianawaty said that the achievement was a result of collective hard work and commitment of all parties in making BCA one of the leading banking institutions in Indonesia.

"Amid the highly competitive financial world, we realize the importance of continuous innovation, which, of course, is tailored to the need of our loyal customers. In order to respond to the dynamics of customer needs, a variety of innovative breakthroughs must be made, both in terms of services and the latest products. Simultaneously, BCA is committed to maintain the principles of prudence and quality service,” explained Lianawaty.

Forbes Indonesia's Best of the Best Awards is an annual award ceremony held by Forbes Indonesia magazine, recognizing the Top 50 Indonesian Companies listed at Indonesia Stock Exchange (IDX). Out of 565 public companies, 50 companies were selected through a rigorous selection process by Forbes Indonesia throughout the year 2018. BCA is ranked 9^th on Forbes Indonesia Top 50 Companies with outstanding performance list.

Companies that made it to the list and won the Forbes Indonesia award are the indicative of success in the business world. The assessment conducted by Forbes Indonesia is based on sales growth, net income, and return on equity. In addition, the company that receive the award proved to its ability to maintain consistent performance growth within the next three to five years.

As of the end of September 2018, BCA’s loan portfolio reached Rp516 trillion, grew by 17.3% YoY. BCA also saw a 9.9% YoY net profit growth to Rp18.5 trillion from Rp16.8 trillion in the same period the previous year.

“We would like to express our sincere gratitude to Forbes Indonesia for awarding us the Best of Best Award as a Top 50 Companies that managed to maintain solid performance. The Best of The Best Awards 2018 we received will become a source of motivation for BCA to constantly apply prudent banking practices and carefully monitor economic conditions to sustain its business performance,” Lianawaty concluded.

BCA Wins Best of the Best Awards 2018 – Director of BCA Lianawaty Suwono (right) received the Best of The Best Awards 2018 award from Forbes Indonesia, directly handed over Editor-in-Chief of Forbes Indonesia Taufik Darusman (left) in Jakarta, Thursday (29/11). BCA is ranked 9^th on Forbes Indonesia Top 50 Companies with outstanding performance list and won the Best of the Best Awards 2018 for its expertise in maintaining the growth of banking performance in the long term.