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April 28, 2015 3:15 PM ET

Banks

Company Overview of PT Bank Central Asia Tbk

Company Overview

PT Bank Central Asia Tbk provides various banking products and services primarily in Indonesia. The company offers savings and time deposit products; and credit facilities, including housing loans, car loans, working capital loans, loan syndications, export credit, investment loans, distributor and supplier financing, dealer and warehouse financing, and trust receipt products. It also provides credit cards; and other banking services, such as safe deposit boxes, transfers, remittances, collection and clearing, bank notes, travelers’ cheques, BCA virtual accounts, open payments, auto debit, cash pick up, and payroll services, as well as offers bancassurance products, and electronic banking pr...

Menara BCA

Grand Indonesia

Jl. M.H. Thamrin No. 1

Jakarta,  10310

Indonesia

Founded in 1955

23,106 Employees

Phone:

62 21 235 88000

Fax:

62 21 235 88300

Key Executives for PT Bank Central Asia Tbk

PT Bank Central Asia Tbk does not have any Key Executives recorded.

PT Bank Central Asia Tbk Key Developments

Major Lenders Set Eyes On Infrastructure Projects

PT Bank Central Asia Tbk (JKSE:BBCA), PT Bank Negara Indonesia (Persero) Tbk. (JKSE:BBNI) and PT Bank Mandiri (Persero) Tbk (JKSE:BMRI) are looking to infrastructure projects this year in an effort to drive business.

Bank Central Asia Mulls Acquisitions

PT Bank Central Asia Tbk (JKSE:BBCA) is seeking acquisitions. “Bank Central Asia (BCA) is assessing several smaller banks and considering acquiring one to help boost business,” the Jakarta Post reported, citing Jahja Setiaatmadja, President of PT Bank Central Asia said. Jahja Setiaatmadja added the bank was studying a number of smaller banks but had not yet started discussions with any of them. Jahja Setiaatmadja said the lender had decided to focus on the local market through organic and non-organic growth. “We are interested in small banks, but we don’t have a target yet,” Jahja Setiaatmadja, said after the launching of branchless banking program at the Financial Services Authority (OJK) headquarters. “Any non-organic decision may give either good or bad results, which can create a problem for the parent company in the future due to differences in business cultures between the parent company and the new subsidiary,” Jahja Setiaatmadja said. Jahja Setiaatmadja did not offer details on which small banks BCA was considering, even though he expected the prospective ones would be those that did business in a way similar to BAC, such as having a significant portfolio of trade loans.

PT Bank Central Asia Tbk Presents at Credit Suisse 18th Annual Asian Investment Conference 2015, Mar-23-2015

PT Bank Central Asia Tbk Presents at Credit Suisse 18th Annual Asian Investment Conference 2015, Mar-23-2015 . Venue: Conrad Hotel, Pacific Place, 88 Queensway, Hong Kong, Hong Kong.

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