Heaptalk, Jakarta — PT Bank Central Asia Tbk (BCA) has processed around 30.1 billion transactions, enhancing about 25.1% in 2023. Mobile banking transactions have significantly contributed to this output with transaction growth of 41.6% YoY, followed by improvements in customer numbers of up to 31 million people as of December 2023.
The total credit has also ameliorated at 13.9% YoY in 2023. Aligned with this accomplishment, the banking company’s loan-to-deposit ratio also increased by 70%, compared to the pandemic era, which had only 62%. The company’s net interest income grew 17.5% YoY, attaining Rp75.4 trillion in 2023. Meanwhile, non-interest income elevated 5.5% YoY to Rp23.9 trillion, bringing operating income to Rp99.3 trillion, an increase of 14.4% YoY. Regarding profitability, BCA’s net profit climbed 19.4% YoY, reaching Rp48.6 trillion in 2023.
BCA’s credit volume also enhanced up to two-fold in the last three years by recording the corporation credit at 15,0%, attaining Rp368.7 trillion, while the commercial credit also increased by 7.5% YoY, worth Rp126.8 trillion per December last year.
“Supported by adequate liquidity, BCA will continue to support economic growth through lending to various sectors and proceed prudently in 2024. We will continue to expand the transaction ecosystem and innovate to provide a secured banking platform.” BCA’s President Director, Jahja Setiaatmadja, said.
Consistent improvements in loan quality accompanied the company’s credit growth. The loan at risk (LAR) ratio improved to 6.9% at the end of 2023, compared to the previous year’s at 10.4%. In contrast, BCA’s non-performing loan ratio (NPL) maintained at 1.9% last year.
In terms of funding, the company’s total third-party funds (DPK) elevates up to 6,0%, which boosts BCA’s real asset to 7.1% worth Rp1,408 trillion. BCA’s checking and savings funds have also contributed to about 80% of the total DPK.
Credit distribution to the sustainable sector also grew 10.6% YoY, becoming Rp202.6 trillion as of December 2023. This outcome exceeded the company’s target of 9% and has contributed around 24.8% to BCA’s total financing portfolio. This achievement was supported by electric motor vehicle loans, which increased almost fourfold annually, reaching Rp1.3 trillion. BCA has also invested in green bonds/sukuk at Rp1.6 trillion, elevating 332% YoY, as a sustainable financing diversification move.
“BCA is estimated to have reduced emissions by around 3,000 tons of CO2 through processing 588 tons of operational waste, digital banking, and implementing environmentally friendly buildings,” Jahja affirmed.
