Solid Performance, BCA Records a Net Profit of IDR 40.7 Trillion in 2022

Capture the screenshot of the President Director of BCA Jahja Setiaatmadja. (Theresia Agatha/VOI)

JAKARTA - PT Bank Central Asia (BCA) managed to record a net profit of IDR 40.7 trillion in 2022. BCA President Director Jahja Setiaatmadja said the net profit figure had increased by 29.6 percent compared to the same period in 2021.

"Total credit increased by 11.7 percent year on year (yoy) or IDR 711.3 trillion in line with the recovery in all loan segments," he said in an online press conference, Thursday, January 26.

Jahja said that this loan disbursement was higher than the industry's growth target of 8-10 percent. For credit in the sustainable sector, it is 14.9 percent, contributing 25.4 percent to BCA's financing portfolio.

Not only that, BCA also recorded disbursement of housing loans (KPR) reaching IDR 108.3 trillion, growing 11 percent to match pre-pandemic levels.

Meanwhile, motor vehicle loans (KKB) increased by 13.6 percent yoy to IDR 46.1 trillion. This figure is a rebound compared to the same period the previous year.

Furthermore, credit card outstanding balances reached IDR 13.38 trillion throughout 2022. According to Jahja, this figure increased in line with the recovery of community activities, so that the consumer loan portfolio grew 11.7 percent to IDR 171.3 trillion.

He explained, BCA's current account saving account (CASA) also grew by 10.6 percent until December 2022.

"We are grateful for the customer's trust and support from the government and authorities, so that BCA goes through 2022 with a solid performance," he concluded.