Finally, BCA’s assets reached Rp. 1,000 trillion

ILLUSTRATION. Customers make transactions at a private bank in Jakarta, Monday (5/10). / pho KONTAN / Caarolus Agus Waluyo / 05/10/2020.

Reporter: Fencing Septiadi | Editor: Tendi Mahadi

KONTAN.CO.ID – JAKARTA. PT Bank Central Asia Tbk (BBCA) became the third bank in the country to record asset values ​​of more than IDR 1,000 trillion. Previously there was PT Bank Rakyat Indonesia Tbk (BBRI), and PT Bank Mandiri Tbk (BMRI).

Until the end of September 2020, the assets of the largest private bank in the country were recorded at Rp. 1,003.6 trillion, growing 12.3% (yoy). BCA President Director Jahja Setiatmadja said that third party funds (DPK) that had grown significantly became the backbone.

“The solid growth of third party funds has supported the growth of BCA assets reaching more than Rp 1,000 trillion. Our DPK is also supported by cheap funds or CASA which grew 16.1% (yoy), “said Jahja in his online performance presentation, Monday (26/10).

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Until September 2020, BCA has managed to collect DPK worth IDR 780.7 trillion with a growth of 14.3% (yoy). Cheap funds collected Rp. 596.6 trillion or 76.4% of total deposits with a growth of 16.1% (yoy). Meanwhile, time deposits grew by 8.8% (yoy) to Rp. 184.1 trillion

On a similar occasion, Director of BCA Santoso Liem also said that the growth of the company’s low-cost funds was supported by an increase in transactions by digital customers.

BCA processed around 33 million transactions per day during the first nine months of 2020, an increase from 26 million transactions per day in the same period the previous year. We continue to see a rapid development in the number of transactions through mobile and internet banking, “Said Santoso.

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Santoso added that the growth of low-cost funds was also supported by the opening of new accounts at BCA. As of September 2020, he said there were at least 6,700 new account openings every day.