Back to Pressroom
25 Jul 2023

Solid Performance Underpins a Sustainable Growth

Jakarta, 24 July 2023 – As part of our commitment to continuously support the national economy, PT Bank Central Asia Tbk (IDX: BBCA) and its subsidiaries recorded loan expansion QoQ and YoY. The credit growth occurred across all segments, including business and consumer loans. From profitability point of view, BCA and its subsidiaries booked a 34.0% YoY increase in net profit, reaching Rp24.2 trillion in the first half of 2023. The growth was underpinned by loan volume increase, loan quality improvement, as well as rising transaction volume and funding.

“Consumer loans continued to grow, supported by the successful BCA Expoversary 2023 event that concluded at the end of April. We also witnessed a strong momentum of loan demand in MSME sector, in line with increasing business activities in the sector. We appreciate the government and regulatory policies in sustaining the fundamental of the domestic economic performance despite all the global challenges. We are committed to always support the government’s efforts, creating multiplier effect, and maintaining stability for the national economy," said Jahja Setiaatmadja, President Director of PT Bank Central Asia Tbk.

As of June 2023, consumer loans recorded the highest credit growth compared to other segments, followed by commercial and SME loans. Consumer loan growth was supported by a 12.0% YoY growth in mortgages to Rp114.6 trillion, and a 19.2% YoY increase in vehicle loans to Rp51.4 trillion. Credit card outstanding grew 15.4% YoY to Rp14.6 trillion, resulting in a 13.9% YoY increase in total consumer loans to Rp183.9 trillion. Meanwhile, commercial and SME loans grew 10.9% YoY to Rp219.2 trillion. Corporate loans increased 5.1% YoY, reaching Rp326.0 trillion. Overall, BCA's total loans increased 9.0% YoY to Rp735.9 trillion in June 2023.

With respect to sustainable financing, BCA’s portfolio increased 6.9% YoY to Rp181.2 trillion in June 2023, or accounted for 24.3% of total loans. To promote the development of EV ecosystem, BCA disbursed Rp751 billion for electric vehicle financing in June 2023, representing a 44-fold YoY growth. Further, the Bank continued to support “the circular economy”, pursuing new initiatives including electronic waste recycling, resulting to 266 tons in total managed operational waste in the first half of 2023.

Along with recovery of debtor businesses, restructured loans gradually recovered and back to normal payment term, as evidenced by declining loan at risk (LAR) ratio to 8.7% in the first half of 2023, compared to 12.3% in the previous year. The non-performing loan (NPL) ratio stood at 1.9% in the first half of 2023, down from 2.2% in the previous year. NPL and LAR coverage was at solid level, at 257.1% and 61.6% respectively.

On the funding side, CASA rose 5.7% YoY to Rp864.7 trillion in June 2023, contributing 81% to total third-party funds. Overall, third-party funds grew 6.0% YoY to Rp1,071 trillion, driving BCA's total assets up by 7.3% YoY to reach Rp1,357 trillion. BCA's total transaction volume consistently increased, reaching 14.3 billion in the first half of 2023, representing a 27.2% YoY increase. This growth was supported by endless innovation across multiple channels in the ecosystem, as well as larger customer base. Mobile banking channel recorded the highest increase in transaction volume, growing by 44.0% YoY.

Regarding the development of myBCA app, which is poised to be the integrated service application in the future, BCA has consistently added new features for transaction convenience. "After rolling out credit card control and limit request features, credit card bill payment was added to myBCA’s features. BCA recently introduced QRIS - Customer Presented Mode on BCA’s EDC. Customers can now make payments by displaying QR code from the BCA mobile application, which will then be scanned by the QR Reader at the merchant's end. myBCA and BCA mobile will operate in parallel to provide comprehensive banking solutions for customers," added Jahja Setiaatmadja.

BCA posted a positive growth in Net Interest Income for the first half of 2023, up 24.6% YoY to Rp37.1 trillion. Non-interest income grew 9.4% YoY to Rp12.2 trillion, supported by a 5.4% YoY increase in fee and commission income. Operating income was recorded at Rp49.3 trillion, up 20.5% YoY. In line with the improvement in asset quality, credit provision expense fell by Rp1.8 trillion from the previous year. All in all, BCA’s net profit rose 34.0% YoY to Rp24.2 trillion.

BCA's Return on Equity (RoE) was recorded at 24.2% in the first half of 2023, the highest level since the end of 2014. Return on Assets (RoA) was registered at 3.7%, the highest level after the pandemic. Cost to Income Ratio (CIR) stood at 32.9% in the first half of 2023, down from 34.3% in the previous year.

Celebrating National Education Day, Bakti BCA hosted a program called BCA Berbagi Ilmu, comprising a series of lectures by BCA directors to over 3,100 students from five state universities. The program also held a student banking tour, where nearly 1,000 high school students from 11 cities visited BCA branches. BCA Berbagi Ilmu was concluded with "I'm Capable" program for people with disabilities, featuring a disabled artisans' bazaar, a seminar on marketing through social media, and a banking tour for individuals with disabilities. On the environmental front, Bakti BCA continued to make contribution by releasing five orangutans into the Kehje Sewen Forest in East Kalimantan. Further, Bukit Peramun, which is one of the tourism villages assisted by Bakti BCA, won a MURI record as the First Digital Community-Based Forest in Indonesia. Bakti BCA also supported the "Satu Dalam Cita" event, that staged a traditional Balinese arts titled "Sudamala: Dari Epilog Calonarang" at Pura Mangkunegaran - Solo, as well as presented a sustainable traditional market called “Pasar Kangen” which was also participated by a number of MSMEs from Bakti BCA’s assisted tourism villages and Bangga Lokal.

Sustainable Business Performs Solidly, BCA's Profits Grow by 34.0% to Reach Rp 24.2 Trillion - President Commissioner of BCA, Djohan Emir Setijoso (fourth from the right), President Director of BCA, Jahja Setiaatmadja (center), Vice President Director of BCA, Armand W. Hartono (fifth from the left), Vice President Director of BCA, Hendra Lembong (left), Director of BCA, Subur Tan (second from the right), Director of BCA, Lianawaty Suwono (fourth from the left), Director of BCA, Santoso (third from the left), Director of BCA, Vera Eve Lim (fifth from the right), Director of BCA, Haryanto T. Budiman (right), Director of BCA, John Kosasih (second from the left), and Director of BCA, Antonius Widodo Mulyono (third from the right), during the presentation of PT Bank Central Asia Tbk (BCA)'s performance for Semester I. BCA and its subsidiaries achieved a 34.0% YoY growth in net profit to reach Rp 24.2 trillion in Semester I 2023. This growth was driven by an increase in credit volume, improved loan quality, and a rise in transaction and funding volume.

BCA's Commitment to Sustainable Business Practices - Corporate Secretary of BCA, Raymon Yonarto (left), EVP Corporate Communication and Social Responsibility of BCA, Hera F. Haryn (center), and SVP Investor Relations of BCA, Rudy Budiardjo (right), during the presentation of PT Bank Central Asia Tbk (BCA)'s performance for Semester I 2023. BCA has disbursed consumer financing for electric vehicles amounting to Rp 751 billion as of June 2023, marking a remarkable 44-fold YoY growth. Additionally, through the Bakti BCA umbrella, the company has undertaken various CSR activities such as the BCA Berbagi Ilmu program, releasing orangutans into the wild, supporting the "Satu dalam Cita" event that showcased Balinese art titled "Sudamala: Dari Epilog Calonarang," and establishing a sustainable community market called "Pasar Kangen." Moreover, BCA's efforts have led the Bukit Peramun fostered tourism village to achieve a MURI record as Indonesia's First Community-Based Digital Forest.


About PT Bank Central Asia Tbk (as of 30 June 2023)

BCA is one of the leading commercial banks in Indonesia with the core business of transaction banking. BCA also offers a full range of financial services in consumer, SME, commercial and corporate segments. As of March 2023, BCA has the privilege of serving more than 36 million customer accounts, processing around 77 million of daily transactions through a network of 1,247 branches; 18,348 ATMs as well as the 24-hour internet & mobile banking systems; supported by 24/7 Halo BCA contact center. BCA’s presence is complemented by a number of subsidiaries focusing on vehicle financing, sharia banking, securities, general and life insurance, digital bank, remittance as well as venture capital business. BCA is committed to building lasting relationship with customers, putting people first, and making positive impact on society at large. With around 25,000 employees, BCA's vision is to be the bank of choice and a major pillar of the Indonesia economy.

Group Corporate Communication and Social Responsibility - CSR
Corporate Communication

Address : Jl. MH Thamrin No. 1
Menara BCA Lt. 22
Jakarta Pusat 10310
Telephone : (021) 2358-8000
Fax : (021) 2358-8339
E-mail :

Related Activities

Hubungi Biro Humas BCA