JAKARTA - PT Bank Central Asia Tbk (BBCA) had channelled credits worth IDR 735.9 trillion in total in the first half of 2023, growing 9% from the same period in 2022. 

Jahja Setiaatmadja, President Director of BCA, said that the highest credit growth was seen in the consumer segment, followed by commercial and MSMEs. "Consumer credits were supported by House Ownership Credit, bringing it to IDR 114.6 trillion," he added in a press release issued yesterday (24/7) in Jakarta.

Other consumer credits that showed improvement were Vehicle Ownership Credit, growing 19.2% year-on-year (yoy) to IDR 51.4 trillion, and Credit Cards that soared 15.4% yoy to IDR 14.6 trillion. Consumer and SME Credits also increased 10.9% yoy to IDR 219.2 trillion, while corporate credits grew 5.1% to IDR 326 trillion.

On top of those, BBCA also channelled credits of IDR 181.2 trillion to the sustainability sector. The segment that was benefitted from loan facilities is electric vehicle credits worth IDR 751 billion.

The at-risk credit ratio reportedly subsided to 8.7% from 12.3% seen in the same period last year, as did non-performing loan (NPL) ratio from 2.2% to 1.9%.

For the record, BCA is one of the constituents of Indeks52, an alternative index initiated by Tempo.co and IDNFinancials. This particular company is listed under four available categories: Main Index, High Dividend, High Growth, and Big Market Capitalisation. (LK/ZH)