Trade

BCA recorded a profit of Rp. 25.55 trillion at the end of 2018

Throughout 2018, PT Bank Central Asia Tbk (BBCA) recorded a comprehensive net income for the year worth Rp. 25.55 trillion. Based on BCA’s monthly report until December 2018, the profit increased 12.11% year on year (yoy) compared to the profit in December 2017 worth Rp 22.79 trillion.

BCA’s profit growth was supported by lending which reached Rp 537.91 trillion. It grew 15.03% (yoy) compared to December 2017 with a distribution of Rp. 467.61 trillion.

While the collection of third party funds (DPK) reached Rp 630.09 trillion. This figure grew 8.14% (yoy) compared to December 2017 worth Rp 581.18 trillion.

From this achievement, until 2018 BCA assets were recorded to reach Rp 808.63 trillion. It grew 10.05% (yoy) compared to December 2017 valued at Rp 734.78 trillion.

Previously, on several occasions BCA President Director Jahja Setiaatmadja said, despite satisfactory performance, this year BCA installed a conservative target. The reason is that liquidity is predicted to still tighten.

“Last year we grew 15%, the projection for this year will remain in the range of 10% -11%. This year’s deposits will be even harder, so it is difficult if credit is asked to be aggressive. If the DPK runs smoothly,” Jahja said recently.

Kontan.co.id

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