JAKARTA. PT Bank Central Asia Tbk (BBCA) booked growth of distributed credit of 15.5% year-on-year (yoy) throughout the first half (H1) of 2024.

Vera Eve Lim, Director of BCA, mentioned that said growth was supported by solid credit distribution rates in corporation segment, as well as in MSME and consumer segments. The credit disbursed by BBCA until June 2024 reached IDR 850 trillion.

For consumer credit, Lim said that the growth was mainly driven by BCA Expoversary 2024 that was held in February 2024. “The event managed to collect a total of housing ownership credit and motor vehicle ownership credit applications worth IDR 50 trillion,” she added during Public Expose Live 2024 today (28/9).

Reflecting from the success of said event, Lim also said that BBCA will hold another BCA Expoversary 2024 in 7 major cities from August to September 2024. “In order to support local MSME, BCA also holds an UMKM Fest 2024 joined by around 1,200 MSME players,” she continued.

On the other hand, BBCA managed to raise third-party funds of IDR 1,125 trillion in H1 2024, increasing 5% yoy. Its growth is further driven by an increase in CASA, which also reached 5.8% yoy in H1 2024. (KR/ZH)