Bank Central Asia

PT Bank Central Asia Tbk
Company typePublic
IDXBBCA
IndustryBanking
Founded1955; 69 years ago (1955) (as NV Perseroan Dagang Dan Industrie Semarang Knitting Factory)
21 February 1957; 67 years ago (21 February 1957) (as PT Bank Central Asia Tbk)
FounderLiem Sioe Liong
HeadquartersBCA 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
ProductsConsumer banking
Corporate banking
Credit cards
Investment banking
Mortgage loans
Private banking
Rp 50.4 trillion (2022)
Rp 40.7 trillion (2022)
Total assetsRp 5514.7 trillion (2022)
Total equityRp 174.1 trillion (2019)
OwnerLiem Sioe Liong/Salim Group (1957 - 1998)
Number of employees
50,376 (2022) [1]
Subsidiaries
  • BCA Finance
  • Bank BCA Syariah
  • BCA Securities
  • Asuransi Jiwa BCA
  • Asuransi Umum BCA
  • Bank Digital BCA
  • BCA Finance Limited
  • BCA Remittance Ltd.
Websitewww.bca.co.id

PT Bank Central Asia Tbk, commonly known as Bank Central Asia (BCA) is an Indonesian bank founded on 21 February 1957. It is the largest private bank in Indonesia with assets amounting to Rp 5.529,83 trillion (USD 308,5 billion) as of 2022.[2] It is headquarters at BCA Tower in Jakarta.

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.[3] 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 taken over by the Indonesian Bank Restructuring Agency and sold to another conglomerate group Djarum.[4]

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.[5]

  1. ^ "Jumlah Karyawan Bank Besar Menyusut, Namun Beban Tenaga Kerja Meningkat". 22 May 2022.
  2. ^ "Ini Dia Top 10 Bank Dengan Aset Terbesar di RI".
  3. ^ "Ada Salim & Tangan Dingin Mochtar Riady di balik Kerajaan BCA".
  4. ^ "Kisah BCA Lepas Dari Salim & Jadi Rebutan Pengusaha Sedunia".
  5. ^ "BCA Masuk Peringkat 1 Bank Terbaik di Indonesia versi Forbes 2022".