JAKARTA. PT Bank Central Asia Tbk (BBCA), the bank with the highest market capitalisation in Indonesia, recorded IDR 7 trillion in its net profit of Q1 2021, climbing up 7% year-on-year (yoy).
Jahja Setiaatmadja, the President Director of BBCA, explained that the net profit gain was supported by the operating income of IDR 19.1 trillion. Furthermore, it consisted of IDR 14.1 trillion of net interest income and IDR 4.9 trillion of non-interest income.
“Following the gradually recovered economic situation, BCA is still optimistic of optimising business opportunities in all segments this year,” Setiaatmadja claimed in a press conference received by idnfinancials.com.
In Q1 2021, BBCA has strengthened its Third-Party Funding (DPK) by 14.6% yoy to IDR 849.4 trillion. This gain went hand in hand with the increasing Current Accounts Saving Accounts (CASA) of IDR 655.8 trillion, climbing up by 15.4% yoy. Meanwhile, the remaining IDR 193.6 trillion was included as third-party funds that went into time deposit.
In the capitalisation segment, BBCA maintained its capital adequacy ratio (CAR) at 24.5% in Q1 2021. Its loan to deposit ratio (LDR) was at 65.2%, while the non-performing loan ratio was at 1.6%. (KR/ZH)