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11 Aug 2023

Cooperatives and Small and Medium Enterprises (SMEs) Teten Masduki Visits BCA UMKM Fest 2023, Stating that the Event Provides a Suitable Ecosystem for MSMEs to Grow.

Jakarta, 11 August 2023 - Micro, Small, and Medium Enterprises (MSMEs) have consistently been an important element of Indonesia's economy. This contribution continues to persist, as the MSME sector contributes 61% to Indonesia's GDP and employs up to 97% of the nation's workforce. Recognizing the profound significance of this, PT Bank Central Asia Tbk (BCA) has once again orchestrated the BCA UMKM Fest, held at Gandaria City from August 9 to 13, and running online at from August 12 to September 12. The event was attended by 50 MSMEs on-site and more than 1,000 MSMEs online.

Cooperatives and Small and Medium Enterprises Minister Teten Masduki visited the BCA UMKM Fest 2023 and expressed his appreciation for BCA's continued support in promoting the ongoing growth and broader recognition of MSMEs in the domestic market. Minister Teten said that the BCA UMKM Fest has evolved into a suitable ecosystem for MSMEs to develop their businesses.





Picture Information (i):

Minister Graces the BCA UMKM Fest - Cooperatives and Small and Medium Enterprises Minister Teten Masduki (middle right) graces the BCA UMKM Fest 2023 held at Gandaria City, Jakarta. Teten's presence was accompanied by BCA's Director, John Kosasih (middle left), EVP Commercial and SME BCA who also serves as the Chairman of the BCA UMKM Fest 2023 Committee, Freddy Iman (right), and EVP Transaction Banking Business Development BCA, I Ketut Alam Wangsawijaya (left). This year's BCA UMKM Fest was attended by 50 offline participants and over 1,000 online participants.

Picture Information (ii):

A Comprehensive Ecosystem for MSMEs - Alongside BCA's Director, John Kosasih (middle right), and EVP Commercial and SME BCA, also Chairman of the BCA UMKM Fest 2023 Committee, Freddy Iman (middle left), Cooperatives and Small and Medium Enterprises Minister, Teten Masduki (left), toured the BCA UMKM Fest 2023, observing the participating MSMEs. Teten mentioned the event as a platform that has not only improved MSMEs' exposure but also as an ecosystem that can connect entrepreneurs with potential buyers and investors.


About PT Bank Central Asia Tbk (as of 31 December 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 December 2023, BCA has the privilege of serving more than 38 million customer accounts, processing around 82 million of daily transactions through a network of 1,258 branches; 19,047 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 27,000 employees, BCA's vision is to be the bank of choice and a major pillar of the Indonesia economy.


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