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20240125_BBCA_Laporan Informasi dan Fakta Material_31571689_lamp2.pdf
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PRESS RELEASE
PT Bank Central Asia Tbk
Full Year 2023 Results
Sustainable Growth with Solid Performance, Loans up 13.9%
Jakarta, 25 January 2024 – PT Bank Central Asia Tbk (IDX: BBCA) and its subsidiaries closed the
2023 financial year with a 13.9% YoY loan growth, exceeding the industry loan growth. In line with the
robust credit growth, loan-to-deposit ratio (LDR) increased to 70%, compared to the low 62% during
the pandemic. Net profit of BCA and its subsidiaries grew 19.4% YoY, reaching Rp48.6 trillion in 2023.
This earnings growth was underpinned by quality loan expansion, growing transaction volume and
funding, and larger customer base.
“We would like to thank to our customers for their trust, and to Government and Authorities for all the
supports, which allowed BCA in achieving an outstanding performance in 2023. Despite challenges
like global inflationary pressure and heightened geopolitical tension, we saw that the domestic
economy remained resilient. Taking part to spur the national economic growth, we hosted various
strategic events in 2023, including two ‘BCA Expos’, ‘BCA UMKM Fest 2023’, and ‘BCA Wealth Summit
2023’. These efforts contributed to the Bank’s performance, as evidenced by a significant increase in
SME and consumer loan segment in 2023,” stated Jahja Setiaatmadja, President Director of PT Bank
Central Asia Tbk.
BCA’s loan volume growth has doubled over the last three years. As of December 2023, corporate
loans increased 15.0% YoY to Rp368.7 trillion, while commercial loans grew 7.5% to Rp126.8 trillion.
Since surpassing the Rp100 trillion mark in May 2023, SME loans have further increased, reaching
Rp107.9 trillion in the end of 2023, or increased 16.0% YoY. SME booked highest credit growth in the
business loan segment by December 2023. Driven by the success of BCA Expo, mortgages and vehicle
loans new bookings have multiplied by 2.3 and 2.6 times, respectively, over the past three years. This
accomplishment has propelled mortgages to grow by 11.7% YoY to Rp121.8 trillion, and vehicle loans
increased by 20.8% YoY to Rp56.9 trillion. Credit card and individual loans outstanding grew by 21.7%
YoY to Rp16.7 trillion. Total consumer portfolio increased 14.8% YoY to Rp198.8 trillion. Overall, BCA's
total loans rose by 13.9% YoY to Rp810.4 trillion.
Regarding sustainable financing, BCA’s portfolio grew by 10.6% YoY to Rp202.6 trillion as of
December 2023. This surpassed the 9% growth target and contributed 24.8% to BCA's total financing
portfolio. This achievement was partly driven by the nearly four-fold annual increase in EV financing,
reaching Rp1.3 trillion. To expand sustainable financing portfolio, BCA has invested in green bonds
amounting to Rp1.6 trillion, representing a 332% YoY increase.
“BCA’s commitment in environmental, social, and governance (ESG) is further manifested through the
initiative to calculate the carbon footprint generated from all of the Bank’s operational activities, serving
as a basis for efforts to reduce carbon emissions. Throughout 2023, BCA is estimated to have reduced
emissions by around 3,000 tons of CO2 through its digital banking operation, green building initiative,
and recycling program of 588 tons of operational waste,” explained Jahja Setiaatmadja.
BCA’s loan growth was accompanied by a consistent improvement in loan quality. Loan at Risk (LAR)
ratio improved to 6.9% by the end of 2023, compared to 10.4% in 2022. Meanwhile, the Non-Performing
Loan (NPL) ratio was maintained at 1.9% in 2023.
PT BANK CENTRAL ASIA TBK
Head Office: Menara BCA Grand Indonesia, Jl. MH Thamrin No. 1 Jakarta 10310 Tel. (021) 2358-8000 FaX. (021) 2358-8300
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On the funding side, total third-party funds rose 6.0% YoY to reach Rp1,102 trillion, driving a 7.1% YoY increase in BCA's total assets to Rp1,408 trillion. CASA contributed around 80% to total third-party funds. BCA made continuous investments to strengthen the hybrid model across multiple touchpoints, from mobile and internet banking channels, point of sales, branch offices, ATMs, to contact center. These strategic investments are pivotal in providing a comprehensive suite of touchpoints serving needs of each segment for deeper customer engagement. In 2023, BCA recorded a surge in total transaction volume, marking a 25.1% YoY increase to 30.1 billion transactions. Mobile banking channel registered the highest growth at 41.6% YoY. Number of customer reached 31 million as of December 2023, double in the last five years. myBCA, next gen integrated service app, has incorporated several features aimed at enhancing convenience of customer transactions throughout 2023.These include debit and credit card control, biometric login, ease of investing through the Welma feature, and Paylater BCA. Recently, myBCA services has been enriched with features such as foreign currency transfer, vehicle tax payments, e- SIM package purchase, financial diary and transaction notifications, QRIS fund source setting, and QRIS Customer Presented Mode. BCA posted a positive growth in Net Interest Income (NII) in 2023, grew 17.5% YoY to Rp75.4 trillion. Meanwhile, non-interest income grew 5.5% YoY to Rp23.9 trillion. In total, operating income was recorded at Rp99.3 trillion, up 14.4% YoY. Overall, BCA’s net profit rose 19.4% YoY to Rp48.6 trillion. At the end of 2023, BCA was awarded as the "World's Most Trustworthy Bank" by Newsweek Magazine in collaboration with the global data research company Statista. Backed by its solid liquidity, BCA is optimistic to continue supporting economic growth through loan disbursement to various sectors with prudent banking in 2024. Last but not least, we continue to expand our transaction ecosystem, and pursue innovation to provide a secured and reliable banking platform for our customers,” said Jahja Setiaatmadja. As part of its commitment to creating value and benefits for society and the environment, BCA has consistently provided scholarships and training for students. From 1999 to 2023, the total number of Bakti BCA Scholarship recipients reached around 7,500 students. BCA also provides financial literacy education, reaching around 300,000 people by 2023, as well as training for more than 100 teachers at 33 schools in eastern Indonesia. In the health sector, BCA is a US$1 million funding partner in BKKBN's accelerated stunting reduction program. BCA also encourages MSMEs from Bakti BCA-assisted tourism villages to expand their market through participation in a number of national and international events, including the Batik Day celebration at the World Bank headquarters in Washington DC. In addition, BCA made it easier to book tour packages for Bakti BCA-assisted tourism villages through the "Lifestyle" feature on BCA mobile. In 2023, two Tourism Villages assisted by Bakti BCA, namely Taro Tourism Village and Bilebante Green Tourism Village, were selected to represent Indonesia at the UNWTO 2023 Best Tourism Village event in the Update Programme category. About PT Bank Central Asia Tbk (as of 31 December 2023) BCA is one of the leading commercial banks in Indonesia with the core business of transaction banking. BCA also offers a full range of financial services in consumer, SME, commercial and corporate segments. As of December 2023, BCA has the privilege of serving more than 38 million customer accounts, processing around 82 million of daily transactions through a network of 1,258 branches; 19,047 ATMs as well as the 24-hour internet & mobile banking systems; supported by 24/7 Halo BCA contact center. BCA’s presence is complemented by a number of subsidiaries focusing on vehicle financing, sharia banking, securities, general and life insurance, digital bank, remittance as well as venture capital business. BCA is committed to building lasting relationship with customers, putting people first, and making positive impact on society at large. With around 27,000 employees, BCA's vision is to be the bank of choice and a major pillar of the Indonesia economy. PT BANK CENTRAL ASIA TBK Group Corporate Communication and Social Responsibility - CSR Corporate Communication Address : Jl. MH Thamrin No.1, Menara BCA 22nd Floor. Jakarta 10310 Telephone : (021) 2358-8000 Fax : (021) 2358-8339 E-mail : corcom_bca@bca.co.id PT BANK CENTRAL ASIA TBK Head Office: Menara BCA Grand Indonesia, Jl. MH Thamrin No. 1 Jakarta 10310 Tel. (021) 2358-8000 FaX. (021) 2358-8300
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