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06 Jul 2023

Launches New Equity Mutual Fund, BCA Offers Shariah and ESG Investments


Jakarta, July 6, 2023 - PT Bank Central Asia Tbk (BCA) observes an increasing awareness among the Indonesian population regarding the importance of investing for the future. According to data from the Indonesian Capital Market Statistics, the number of Indonesian investors grew by 4.39% in March 2023 compared to the previous year. This trend is consistent with BCA Investment's Asset Under Management, which experienced a growth rate exceeding 40% during the same period.

Director of BCA, Haryanto T. Budiman, stated, "Diversification is crucial when it comes to investment. Investment products that consider the environmental, social, and governance (ESG) aspects can be a viable solution. Companies that incorporate ESG principles tend to exhibit resilience during times of crisis and can generate long-term value and profits. Recognizing the need for diversification, BCA has partnered with investment manager PT Batavia Prosperindo Aset Manajemen (BPAM) to offer investment products denominated in USD and based on Sharia principles, with an ESG theme. This product is called Batavia Global ESG Sharia Equity USD Mutual Fund (BGESEU)."

Lilis Setiadi, the President Director of BPAM, expressed, "Aligned with BCA, we believe that companies that have implemented ESG practices tend to be better managed and are less susceptible to potential legal sanctions, as well as demands from customers and employees. We have partnered with BlackRock (one of the largest investment managers in the world) as our Technical Advisor, leveraging their technological expertise and research resources to further optimize the management of the BGESEU portfolio."

For your information, BlackRock has over 30 years of experience in investment management and manages assets worth approximately $8.5 trillion as of December 31, 2022. The investment portfolio management of BGESEU will focus on global companies that have already implemented ESG practices and operate in various sectors such as Information Technology, Healthcare, and Materials & Industrials (the largest sectors within BGESEU).

"BCA is committed to always being by its customers' side, assisting them in preparing for the future through Investment Advisory services that provide investment portfolio solutions tailored to the needs and risk profiles of the customers. One manifestation of this commitment is the introduction of BGESEU to complement the Mutual Fund options at BCA.” stated Haryanto

The BGESEU Mutual Fund can be obtained through BCA branch offices that handle investment transactions. Additionally, for customers who wish to purchase it through the Welma feature in the myBCA application, make sure that the customer's USD Mutual Fund investment account is connected to the Welma feature in the myBCA application.

For customers interested in obtaining information about investment products, they can contact Halo BCA at extension 4 for investment services or visit a BCA branch that handles investment transactions.

BCA Launches Batavia Global ESG Sharia Equity USD, Supports Sustainable Investments - PT Bank Central Asia Tbk (BCA) is committed to promoting environmental, social, and governance (ESG) values through various initiatives in its products and services. Investment products that consider ESG aspects can be a viable solution. This commitment is manifested through a partnership with investment manager PT Batavia Prosperindo Aset Manajemen (BPAM) to offer a Sharia-compliant investment product denominated in USD with an ESG theme, namely Batavia Global ESG Sharia Equity USD Mutual Fund (BGESEU). The BGESEU Mutual Fund can be obtained through BCA branch offices that handle investment transactions or through the Welma feature in the myBCA application. For more information, customers can visit the link bca.id/bgeseu.

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About PT Bank Central Asia Tbk (as of 31 March 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.

 

PT BANK CENTRAL ASIA TBK

Group Corporate Communication and Social Responsibility - CSR

Corporate Communication

 

Alamat : Jl. MH Thamrin No. 1
Menara BCA Lt. 22
Jakarta Pusat 10310
Telepon : (021) 2358-8000
Fax : (021) 2358-8339
E-mail : corcom_bca@bca.co.id

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