JAKARTA - President Director of PT Bank Central Asia Tbk (BCA) Jahja Setiaatmadja, admitted that the company's achievements in 2021 were beyond his expectations. The bank, which is controlled by the conglomerate Hartono Brothers, achieved an annual profit growth of 15.8 percent (yoy) to IDR 31.4 trillion.

Credit also grew by 8.2 percent yoy in line with the improving national economy. Jahja revealed that in early 2021, his party predicts BBCA's net profit will only increase by 8 percent throughout the year.

At that time, Jahja was not too optimistic because Indonesia's condition was still shrouded by the COVID-19 pandemic. Then regarding credit, he only predicts a growth of around 6 percent.

"However, at that time it was said that profit was 15.8 percent, credit growth was 8.2 percent, wow, that's my dream," he said in an online discussion, quoted Wednesday, February 9th.

This achievement, according to Jahja, was beyond imagination. Total Third Party Funds (TPF) even rose 16.1 percent to Rp975.9 trillion.

This then pushed BBCA's total assets up 14.2 percent yoy to reach Rp1,228.3 trillion. On the liability side, BCA's current account saving account (CASA) grew 19.1 percent to Rp.767.0 trillion, contributing up to 78.6 percent of total deposits.

This is in line with time deposits which grew 6.1 percent yoy to Rp208.9 trillion.

"That is a blessing in disguise too. Why? This is where BCA's role as a digital bank is. This is very important. There are indeed digital banks booming now, but if I compare conventional banks, we cover our cover, our corporations enter, commercials enter, SME's enter , KKB credit comes in, our mortgage credit goes in," he said.

For information, BCA recorded new loan disbursements in the corporate segment grew two times compared to pre-pandemic levels. Corporate loans grew 12.3 percent on an annual basis to reach IDR 286.5 trillion in December 2021.

Meanwhile, housing loans or mortgages grew 8.2 percent yoy to Rp97.5 trillion. Not only that, commercial and SME loans also rose 4.8 percent yoy to Rp195.8 trillion.

Meanwhile, Motor Vehicle Loans (KKB) corrected 2.4 percent yoy to Rp36 trillion, and credit card outstanding balances grew 5.2 percent yoy to Rp11.8 trillion. Thus, the total consumer loan portfolio rose 5.1 percent on an annual basis to Rp148.4 trillion.


The English, Chinese, Japanese, Arabic, and French versions are automatically generated by the AI. So there may still be inaccuracies in translating, please always see Indonesian as our main language. (system supported by DigitalSiber.id)