BCA Achieves Net Profit of Rp11.5 Trillion in Q1 2023

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Adi Ahdiat 27/04/2023 18:41 WIB

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Bank Central Asia (BCA) reported a net profit of Rp11.5 trillion in the first quarter of 2023, a 43% increase compared to the first quarter of last year.

BCA's Revenue* and Net Profit per Quarter I (2022-2023)

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BCA Achieves Net Profit of Rp11.5 Trillion in Q1 2023

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BCA's Revenue* and Net Profit per Quarter I (2022-2023)

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Bank Central Asia (BCA) reported a net profit attributable to the parent entity of Rp11.5 trillion in the first quarter of 2023, a 43% increase year-on-year (yoy).

During the same period, BCA's total interest income and net sharia income grew by 28% (yoy) to Rp18.5 trillion.

According to BCA President Director Jahja Setiaatmadja, the growth in BCA's financial performance at the beginning of this year was driven by credit volume expansion, improved loan quality, and higher yields from placements in government bonds.

At the end of the first quarter of 2023, BCA's credit disbursement in the corporate segment had grown by 11.7% (yoy) to Rp320.5 trillion, followed by commercial and SME loans which grew by 11.8% (yoy) to Rp211.1 trillion.

Furthermore, BCA's mortgage loans (KPR) grew by 11.6% (yoy) to Rp109.6 trillion, motor vehicle loans (KKB) increased by 15.2% (yoy) to Rp47.9 trillion, and the outstanding balance of credit cards grew by 16.2% (yoy) to Rp14.0 trillion.

Thus, BCA's consumer credit portfolio increased by 12.7% (yoy) to Rp174.5 trillion, while its total credit increased by 12.0% (yoy) to Rp713.8 trillion at the end of the first quarter of 2023.

"In general, we have not raised interest rates on loans to always provide competitive interest rates in the market and encourage economic recovery," said Jahja Setiaatmadja in a virtual press conference on Thursday (27/4/2023).

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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BCA Achieves Net Profit of Rp11.5 Trillion in Q1 2023

BCA Achieves Net Profit of Rp11.5 Trillion in Q1 2023

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BCA Achieves Net Profit of Rp11.5 Trillion in Q1 2023

BCA Achieves Net Profit of Rp11.5 Trillion in Q1 2023

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The 5 FLPP Distributing Banks with the Largest Contribution as of November 3, 2025

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