JAKARTA - PT Bank Central Asia Tbk (BBCA) reported even credit distribution growth within all segments, with MSE credit reporting the highest growth among other segments, reaching 16.4% year-on-year (yoy) to IDR 104.8 trillion.

According to Public Expose of Quarter III 2023 of BCA today (19/10), BBCA recorded 12.3% yoy growth in credit to IDR 766.1 trillion.

This increase was seen in all segments, including corporate credit that grew 12.2% yoy to IDR 343.5 trillion, commercial credit of 6.5% yoy to IDR 121 trillion, and consumer credit of 14.4% yoy to IDR 189.6 trillion.

“Net interest income (NII) of BCA until September 2023 increased 21.3% yoy to IDR 55.9 trillion,” as revealed by the management of BBCA. This NII growth allowed the company’s net profit to skyrocket 25.8% yoy to IDR 36.4 trillion.

Housing ownership credit (KPR) and vehicle ownership credit (KKB) were also seen improving massively, scoring double-digit growth of up to 11.5% yoy and 22.1% yoy to IDR 117.9 trillion and IDR 53.5 trillion at the end of the third quarter of 2023.

As a pioneer in sustainable financing, BCA also recorded growth in its green financing. It shifted 11.9% yoy upwards to IDR 193.2 trillion. “In other words, it covers 25% of BCA’s total financing portfolio,” added the management further.

For the record, BCA was one of the first participants in Indonesia Carbon Exchange (IDX Carbon), purchasing 71,500 tons of CO2 worth IDR 5 billion during the opening day. (ZH)