Launched Early This Year, Bank BCA Digital Aims For Millennials

Illustration of BCA (Photo: BCA)

JAKARTA - PT Bank Central Asia Tbk. (BCA) confirmed that the establishment of PT Bank Digital BCA (BCA Digital) will be carried out in the near future. This was stated by the Vice President Director of BCA Suwignyo Budiman.

According to him, the beginning of the year was the right moment for the company to take strategic corporate actions.

"We will launch it early this year", he said in a webinar, Wednesday, February 3.

Suwignyo added, the new corporation that is part of the subsidiary is focused on attracting more millennials who are very familiar with digital transactions.

"Even though BCA itself has many mobile banking features, at BCA Digital we want to be more specific in serving millennial customers", he said.

For your information, BCA Digital is a financial institution that was founded as a result of the acquisition of Bank Royal in late 2019. At that time, the largest private bank in Indonesia was said to have spent no less than Rp988 billion to provide banks with the BUKU I category.

After this process, Bank Royal aka BCA Digital then upgraded to BUKU II with the ability to raise core capital of IDR 1 trillion to IDR 5 trillion.

Bank Royal's 'willingness' to be offered by BCA cannot be separated from the regulations of the Financial Services Authority (OJK) which require banking institutions to have a minimum core capital of IDR 3 trillion in stages. This mandate is contained in OJK Regulation Number 12 / POJK. 03/2020 concerning Commercial Bank Consolidation.

BCA itself has long been known as a specialist bank for financial transactions or transaction banking. This sector is often the main support for the company's profit. In the presentation of the performance of the third quarter of 2020, the bank with the ticker code BBCA is said to have managed to collect a consolidated net profit of IDR 20 trillion.

It was also stated that BCA processed around 33 million transactions per day during the first nine months of 2020, an increase from 26 million transactions per day in the same period the previous year.

"BCA Digital is expected to be able to serve customers in digital needs even better", concluded Suwignyo