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20250123_BBCA_Laporan Informasi dan Fakta Material_31847838_lamp1.pdf
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PRESS RELEASE
PT Bank Central Asia Tbk
FY 2024 Financial Performance
Loans up 13.8%, Resilient Performance for Sustainable Business
Jakarta, 23 January 2025 - PT Bank Central Asia Tbk (IDX: BBCA) and its subsidiaries concluded the
2024 financial year with a loan growth of 13.8% YoY, reaching Rp922 trillion. This solid loan growth
was accompanied by sound asset quality, with BCA’s Loan at Risk (LAR) ratio improving to 5.3% in
2024, down from 6.9% in 2023.
“BCA appreciates the trust of our customers and the support from the government and authorities,
which allowed us to close 2024 with a solid performance. Despite global geopolitical challenges, the
domestic economy continued to post steady growth. BCA remains committed to supporting the national
economy through various initiatives held in 2024, such as ‘BCA Expo’ consumer loan exhibitions, ‘BCA
UMKM Fest’ micro SME showcase, “BCA Wealth Summit”, and “Gebyar Hadiah BCA” promotional
program. These initiatives have contributed to our overall performance, including a notable increase in
lending to the MSME segment as of December 2024,” stated President Director of BCA Jahja
Setiaatmadja.
As of December 2024, credit growth was driven by corporate loans, which increased by 15.7% YoY to
reach Rp426.8 trillion, supported by various sectors. Commercial loans grew by 8.9% YoY to Rp137.9
trillion, while SME loans rose by 14.8% YoY to Rp123.8 trillion. The total consumer loan portfolio
expanded by 12.4% YoY to Rp223.7 trillion, propelled by vehicle loans, which saw an increase of
14.8% YoY to Rp65.3 trillion, and mortgage loans, which rose 11.2% YoY to Rp 135.5 trillion. Other
consumer loans (primarily credit cards) grew by 12.8% YoY to Rp22.9 trillion.
Sustainable finance portfolio grew by 12.5% YoY, reaching Rp229 trillion as of December 2024, and
contributing 24.8% to total loans. This growth was driven by electric vehicle loans, which saw an 84.2%
YoY increase to Rp2.3 trillion. Furthermore, BCA disbursed sustainability-linked loans (SLL), which
tripled YoY to Rp1 trillion.
“BCA’s commitment to environmental, social, and governance (ESG) values continues to be reinforced
through the calculation of the carbon footprint generated by all operational activities throughout the
year. As of 2024, BCA is estimated to have reduced emissions by 4,216 tons of CO2 through the
processing of 593 tons of operational waste, adoption of digital banking, and implementation of green
energy buildings. BCA’s dedication to green building initiatives is exemplified by Wisma BCA Foresta,
which has received the Green Mark Super Low Energy certification from the Building and Construction
Authority of Singapore,” said Jahja Setiaatmadja.
BCA’s net interest income (NII) grew by 9.5% YoY to Rp82.3 trillion in 2024. Non-interest income
increased by 10.2% YoY to Rp25.2 trillion, resulting in total operating income to Rp107.4 trillion, up by
9.7% YoY. Meanwhile, BCA’s provisioning costs were recorded at Rp2.0 trillion. The non-performing
loan (NPL) ratio remained stable at 1.8% in 2024. Consequently, the net profit for BCA and its
subsidiaries rose by 12.7% to reach Rp 54.8 trillion.
On the funding side, current and savings account (CASA) contributed ~82% of total third-party funds,
growing by 4.4% to reach Rp924 trillion. With the continuous expansion of the transaction banking
ecosystem, both online and offline, BCA's total transaction frequency hit a record high, rising 21% YoY
PT BANK CENTRAL ASIA TBK
Kantor Pusat: Menara BCA Grand Indonesia, Jl. MH Thamrin No. 1 Jakarta 10310 Tel. (021) 2358-8000 FaX. (021) 2358-8300
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to ~36 billion. Specifically, for mobile and internet banking, transaction frequency reached 31.6 billion,
up 24% YoY. As of December 2024, the number of BCA customer accounts exceeded 41 million,
doubling in 5 years. The growth in CASA, transaction volume, and customer accounts was driven by
continuous innovation tailored to customer needs.
The MyBCA mobile banking app is continuously enhanced with various innovations in 2024 to improve
customer transaction convenience. These updates include QRIS Transfer, QRIS cross border, the
'Protection' feature for insurance, 'Poket Valas' as a digital wallet offering 16 foreign currencies, access
to myBCA from phone numbers in more than 180 countries, and the ability for customers to update
their investment risk profiles via the 'Welma' feature. The latest updates to myBCA include the 'Lifestyle’
feature, which allows customers to conveniently purchase various vouchers, and the option to apply
for BCA credit cards directly through the app.
Throughout 2024, BCA received numerous prestigious awards across various fields. Notably,
international media outlets Newsweek and STATISTA recognized BCA as the No. 1 World's Most
Trustworthy Company 2024 in the banking sector, marking the second consecutive year BCA has
received this honor. Forbes named BCA the World's Best Bank in Indonesia, while Brand Finance
awarded BCA as the World's Strongest Banking Brand 2024. Additionally, BCA won the Best PR
Campaign: Integrated Communications Indonesia 2024 award from the Global Business & Finance
Magazine Awards. BCA also received Asia’s Best CSR award at the Asian Excellence Award 2024,
organized by Corporate Governance Asia in Hong Kong. Furthermore, the company was awarded
Grand Champion of the Annual Report Award 2023 for the quality and transparency of its annual report
in compliance with OJK regulations.
BCA is committed to creating value and making a positive impact on society and the environment. This
commitment is demonstrated through various initiatives, such as BCA Berbagi Ilmu and the distribution
of scholarships to 700 students in 2024. In the health sector, BCA is a funding partner in the accelerated
stunting reduction program led by BKKBN and USAID, contributing US$1 million in funding. The
company also organized free cataract surgeries for over 1,000 patients across 7 regions throughout
`2024. Furthermore, BCA actively supports the market expansion and export training of MSMEs
through Bakti BCA. Notably, through Bakti BCA, the company assisted silver artisans from Taro
Tourism Village in Bali to enhance their market access by collaborating with the local jewelry brand
TULOLA. In the environmental sector, Bakti BCA planted 51,500 trees in various regions, released
more than 15,000 sea turtle hatchlings, and restored 4 artificial islands for orangutans in Kalimantan.
Additionally, Bakti BCA hosted the “Gebyar BCA Merah Putih: Indonesia Banget!” event, which
attracted over 10,000 visitors over 3 days at the Prambanan Temple area. The event featured
numerous MSMEs at the Kangen Market and included a vibrant musical performance involving youth
from local studios and students from Sekolah Bakti BCA.
***
About PT Bank Central Asia Tbk (as of 31 December 2024)
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
corporate, SME, and commercial segments. By the end of December 2024, BCA has the privilege of serving more than 41 million customer accounts, processing
around 98.4 million daily transactions through a network of 1.264 branches, 19.543 ATMs, as well as internet & mobile banking services and Halo BCA contact
center that can be accessed 24 hours. 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. BCA is committed to building lasting relationships with customers, putting people
first, and making a positive impact on society at large. With more than 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 Lt. 22. Jakarta 10310
Telephone : (021) 2358-8000
PT BANK CENTRAL ASIA TBK
Kantor Pusat: Menara BCA Grand Indonesia, Jl. MH Thamrin No. 1 Jakarta 10310 Tel. (021) 2358-8000 FaX. (021) 2358-8300
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Fax : (021) 2358-8339 E-mail : corcom_bca@bca.co.id PT BANK CENTRAL ASIA TBK Kantor Pusat: Menara BCA Grand Indonesia, Jl. MH Thamrin No. 1 Jakarta 10310 Tel. (021) 2358-8000 FaX. (021) 2358-8300
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