BCA Distributes IDR 50 Per Share Interim Cash Dviden

JAKARTA - PT Bank Central Asia Tbk (BBCA) decided to distribute an interim cash dividend of IDR 50 per share for the financial year ending on December 31, 2024.

The total cash interim dividend to be paid is IDR 6,163,752,500,000.00.

The total value of the cash interim dividend increased 18 percent compared to the interim dividend paid for the financial year ending on December 31, 2023.

"This decision is supported by the trend of sustainable performance growth until the third quarter of 2024. In addition, the distribution of cash interim dividends has also taken into account strong capital positions, adequate liquidity, the development of the Company's business and its subsidiaries, as well as investment in technology to be able to compete in the current digital era," said BCA President Director Jahja Setiaatmadja in Jakarta, Tuesday, November 12.

The Company's Annual General Meeting of Shareholders which was held on March 14, 2024, has decided to grant power and authority to the Company's Board of Directors with the approval of the Company's Board of Commissioners to pay interim dividends for the 2024 financial year, if the Company's financial situation allows and by taking into account the provisions of the applicable laws and regulations.

The distribution of this interim dividend has been announced on the Indonesia Stock Exchange (IDX) and the Company's website was recorded on November 12, 2024. Meanwhile, the end of the stock trading period with the right of interim dividends (cum dividends) for the regular market and negotiated market will be held on November 20, 2024. As for the cash market on November 22, 2024.

Then the Beginning of the stock trading period without interim dividend rights (ex dividend) for the regular market and the negotiation market will be held on November 21, 2024, while for the cash market on November 25, 2024.

Meanwhile, the date of the list of shareholders entitled to the interim dividend (record date) was recorded on November 22, 2024.

"The interim cash dividend payment date for the 2024 financial year will be held on December 11, 2024." continued Jahja.

Jahja also expressed his gratitude for the trust of all shareholders, so that the Company was able to record positive performance until the first nine months of 2024.

"Ia menjelaskan, total kredit BCA tumbuh solid di seluruh segmen menjadi Rp877 triliun per September 2024, atau naik 14,5 persen yoy," sambung Jahja.

This cash interim dividend will be calculated in the final dividend for the financial year ending on December 31, 2024, which will be distributed after obtaining approval from the Company's Annual General Meeting of Shareholders which will be held in 2025.

He continued, the distribution of BCA financing as of September 2024 was supported by corporate loans which became the segment with the highest growth, which rose 15.9 percent yoy to Rp395.9 trillion.

Meanwhile, commercial credit grew 11.8 percent yoy to Rp135.3 trillion, and SME credit rose 14.2 percent yoy to Rp120.1 trillion.

Consumer loans grew 13.1 percent yoy to IDR 216.5 trillion, mainly supported by increases in mortgages and Motor Vehicle Loans (KKB).

In connection with lending to sustainable sectors, BCA's portfolio grew 10.7 percent yoy to Rp214 trillion, or contributed up to 24.3 percent of the total financing portfolio