Bank Central Asia
The BCA Tower on the right | |
| Company type | Public |
|---|---|
| IDX: BBCA | |
| Industry | Financial services |
| 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 | Djohan Emir Setijoso (President Commissioner), Jahja Setiaatmadja (President Director), Suwignyo Budiman (Deputy President Director), Armand Wahyudi (Deputy President Director) |
| Products | Consumer banking, corporate banking, Credit cards, investment banking, mortgage loans, private banking |
| Rp 50.4 trillion (2022) | |
| Rp 40.7 trillion (2022) | |
| Total assets | Rp 5514.7 trillion (2022) |
| 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) is an Indonesian bank founded on 21 February 1957. As of 2022, it was the largest private bank in Indonesia. With assets amounting to Rp 5.529,83 trillion (US$308,5 billion). It is headquartered at BCA Tower in Jakarta.
Bank Central Asia was founded by Salim Group as "NV Perseroan Dagang Dan Industrie Semarang Knitting Factory". 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 riots. 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.
BCA has thrived since, and took a major step by going public in 2000.
In 2022, Bank Central Asia was named the "Best Bank in Indonesia" by Forbes.