JAKARTA. PT Bank Central Asia Tbk (BBCA) boosted the capital of its subsidiary, Bank Digital BCA, from IDR 2.7 trillion to IDR 4 trillion. This additional capital is intended to ensure Bank Digital keeps innovating and expanding its digital ecosystem.
Jahja Setiaadmadja, President Director of BCA, believed Bank Digital BCA had shown positive performances and managed to collect users’ funds of IDR 800 billion in total, with the number of transactions reaching 100,000 daily. Thus, BCA decided to proceed with the additional capital investment.
By raising its capital, Setiaadjmadja expects Bank Digital to keep innovating to meet the various needs of its users and widen its established digital ecosystem.
This decision is believed to help optimise Bank Digital BCA’s plan of launching the initial public offering (IPO) in Indonesia Stock Exchange (IDX) one or two years in the future. “Regarding IPO, we would gather all facts that our digital bank had achieved first,” Setiaadjmadja stated in a public expose yesterday (21/10). (AM/ZH)