Bank Central Asia
PT Bank Central Asia Tbk, commonly known as Bank Central Asia (BCA) is an Indonesian bank founded on 21 February 1957. Bank Central Asia is the largest private bank in Indonesia with an asset of Rp 1.029,83 trillion (USD 68,5 billion) as of 2022. It is headquarters at BCA Tower in Jakarta.
BCA Tower on the right | |
| Company type | Public |
|---|---|
Traded as | IDX: BBCA |
| Industry | Banking |
| Founded | 1955 (as NV Perseroan Dagang Dan Industrie Semarang Knitting Factory) 21 February 1957 (as PT Bank Central Asia Tbk) |
| Founder | Liem Sioe Liong |
| Headquarters | BCA Tower, Central Jakarta, Jakarta, Indonesia |
Key people | President Commissioner: Djohan Emir Setijoso President Director: Jahja Setiaatmadja Deputy President Director: Suwignyo Budiman Deputy President Director: Armand Wahyudi Hartono SME Account Officer: Felix Limminata |
| Products | Consumer banking Corporate banking Credit cards Investment banking Mortgage loans Private banking |
| Rp 50.4 trillion (2022) | |
Net income | Rp 40.7 trillion (2022) |
| Total assets | Rp 1314.7 trillion (2022) |
| Total equity | Rp 174.1 trillion (2019) |
| Owner | Liem Sioe Liong/Salim Group (1957 - 1998)
|
Number of employees | 50,376 (2022) |
| Subsidiaries |
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| Website | www |
Bank Central Asia (BCA) was founded by Salim Group as “NV Perseroan Dagang Dan Industrie Semarang Knitting Factory". Originally the bank started small however it was expanded by banker and conglomerate Mochtar Riady who took control of the bank. Bank Central Asia expanded rapidly during the 1980s and 90s, BCA works with well-known institutions, such as PT Telkom , Citibank, and American Express. The bank was hit hard during the 1997 financial crisis and the subsequent 1998 May Riot. It was in massive debt and as a result it was took over by the Indonesian Bank Restructuring Agency and sold to another conglomerate group Djarum.
Since then BCA has thrived and subsequently, BCA took a major step by going public in the 2000. In 2022, Bank Central Asia was awarded to be the "Best Bank in Indonesia" by Forbes.