JAKARTA - PT Bank Central Asia Tbk (BBCA) posted a net profit of IDR 14.1 trillion in the first quarter of 2025 or grew 9.8 percent on an annual basis or year-on-year (yoy).
BCA President Director Jahja Setiaatmadja said, in terms of revenue, BCA's net interest income (NII) grew 7.1 percent yoy to IDR 21.1 trillion.
"Income other than interest rose 8.1 percent to Rp6.8 trillion, so that total operating income of Rp27.9 trillion grew 7.4 percent yoy," said Jahja, Wednesday, April 23.
The cost to income ratio is managed at the level of 28.5 percent. The loan at risk ratio (LAR) and NPL are at a maintained level, 6 percent and 2 percent, respectively. The NPL and LAR reserve ratios are at the solid level, 180.5 percent and 66.5 percent, respectively.
Furthermore, BCA's total credit reached IDR 941 trillion as of March 2025, up 12.6 percent on an annual basis (yoy). This credit growth was supported by financing expansion in various sectors, accompanied by sustainable funding growth. The cost of demand and savings (CASA) grew 8.3 percent YoY reached IDR 979 trillion, or around 82 percent of the total third party funds (DPK).
Jahja said the momentum of Ramadan and Eid al-Fitr this year had a positive impact on BCA credit disbursement until March 2025. The implementation of BCA Expoversary 2025 also supported the company's credit growth.
"BCA financing growth was supported by corporate loans, which rose 13.9 percent yoy to Rp443.4 trillion," continued Jahja.
Commercial loans grew 9.9 percent yoy reached Rp137.4 trillion. SME lending grew 12.9 percent to Rp124.5 trillion. Consumer loans rose 11.3 percent yoy to Rp225.7 trillion, supported by KPR BCA which grew 10.5 percent yoy to Rp135.3 trillion, motor vehicle loans (KKB) grew 12.3 percent yoy to Rp67.1 trillion, and outstanding other consumer loans (most of the credit cards) increased 13.9 percent yoy to Rp23.3 trillion.
BACA JUGA:
"Credit distribution to sustainable sectors grew 19 percent yoy to reach Rp235 trillion, reflecting BCA's commitment to ESG principles (Environmental, Social, and Governance)," said Jahja.
This value is around 25 percent of the total financing portfolio. BCA provides a special interest rate promo for SME debtors in environmentally-minded business activities and the education sector.
Total DPK BCA increased 6.5 percent yoy to Rp1,193 trillion. CASA funds became the main contributor to BCA funding in line with the increase in transaction volume. BCA transaction frequency as a whole grew 19 percent yoy to 9.9 billion. BCA's mobile transaction frequency and internet banking reached 8.8 billion, up 22.2 percent yoy.
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