TheJakartaPost
Please Update your browser
Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.
BCA maintains credit growth
Publicly listed lender Bank Central Asia (BCA) will maintain its 2016 loan growth target of 12 percent to around Rp 433 trillion (US$ 33 billion), eyeing corporate growth in the second half of the year.
Change Size
A BCA Syariah staff member serves a customer after an opening ceremony at its headquarters on Jl. Jatinegara Timur in East Jakara on April 5, 2010. (The Jakarta Post/P.J. Leo)
P
ublicly listed lender Bank Central Asia (BCA) will maintain its 2016 loan growth target of 12 percent to around Rp 433 trillion (US$ 33 billion), eyeing corporate growth in the second half of the year.
The bank’s vice president director Eugene K. Galbraith said in Jakarta on Friday that the bank planned to boost credit disbursement, especially in corporate and consumer sectors, in the second half of the year.
“We are seeing that corporations are becoming more optimistic in the second half. So we are upbeat about the target," Galbraith said, adding that competitive pricing in the consumer sector had resulted in BCA products, including housing and car loans, to sell well.
The largest bank by market capitalization disbursed Rp 387 trillion in loans between January and June this year. Its corporate credit increased significantly during the time, which was by 19.6 percent year-on-year (yoy) to Rp 135.4 trillion. The bank channeled Rp 387.6 trillion in credit. (vny/dan)
