JAKARTA. PT Bank Central Asia Tbk (BBCA) scores a profit of IDR 14.5 trillion in H1 2021, climbing 18.1% from the number recorded in the same period in 2020.
Jahja Setiaatmadja, President Director of BCA, claims that even when the pandemic drags down the economy, his company would not sit idle and instead keep finding business opportunities through virtual innovations and payment digitalisation. Therefore, it brings a good result shown in Q3 and Q4 of 2020, which continues to Q1 2021.
“The profitability increases due to the correction last year. Next, we have to brace ourselves for a challenge quite massive for our business,” Setiaadmadja adds.
In H1 2021, BBCA reports a net interest growth of 3.8% year-on-year (yoy), bringing the operating profit up to IDR 38.5 trillion. It slightly increases by 2.4% from last year. Meanwhile, BCA’s total credit reaches IDR 593.6 trillion in June 2021, supported by corporate credit, housing credit, and credit card segments. (AM/ZH)