Happy 57th anniversary to Bank Central Asia Tbk

At 57, BCA is even getting stronger

BCA Makes the List of Forbes’ 2,000 Global Largest Companies

President Director of BCA Jahja Setiaatmadja (left) receiving Forbes Global Awards 2000 from Forbes Indonesia Chief Editorial Advisor Justin Doebele (right)

Maintaining as well as improving performance is not an easy job, it takes perseverance and strong commitment, especially in banking industry. It has been done continuously by BCA Bank, where in this year BCA has once again made the list of Forbes Global 2000. Last year, BCA placed 700th. This year, BCA made it the 613th place.

The achievement is certainly not without BCA hard work by continuing to provide its best service for customers. “This is a token of appreciation of what has been done by BCA all this time. This award becomes a motivation for BCA to never stop innovating and giving the best for customers,” said President Director of BCA Jahja Setiaatmadja who received the award at Forbes Global 2000 Awards Ceremony, at Pullman Jakarta Hotel Ballroom on Thursday, October 3, 2013.

Since the initial publication of Forbes Global 2000, which was published by Forbes business and financial magazine in 2004, BCA has always made the list and its ranking continues to improve. This year, BCA is listed to own USD46 billion assets, USD27.1 billion market value, USD4 billion sales, and USD1.2 billion profits (based on www.forbes.com).

This is not the only award that BCA has achieved as the best banking company this year. Prior to this occasion, BCA also has achieved a similar award from Finance Asia Country Award 2013 and Asiamoney’s Best Domestic Bank Awards 2013.

Corporate Image Award 2012

BCA received an award for:
A bank with assets above Rp200 trillion

Bloomberg Businessweek - Frontier Consulting Group
12 June 2012

Thanks to the unyielding work ethic of all employees and the support of its customers, BCA has continued to develop over time.

Bank Central Asia (BCA) took its first steps 57 years ago. Since then, it has faced many challenges but with dedication and perseverance, BCA has evolved into one of largest private banks, progressive, trusted and supported by its loyal customers. With maturity and stability, BCA will continue to improve and progress.

Reflecting on our performance

BCA Financial Highlights as of September 2013

The occasion of our birthday is not just about celebrations or excesses, but one of gratitude to God for all of the blessings that have been bestowed on us throughout the course of our lives. It is also an appropriate time to reflect on what has been achieved during the past year.

For BCA, our anniversary is a time to remember the hard work that has been done to maintain the trust of the public eye. It is a time for the whole BCA family to come together, hand in hand, to work together in building BCA, creating Enhanced Relationships and Quality Growth.

At this significant age, BCA is stronger than ever due to the unyielding spirit of all our employees who are ready to face the challenges ahead. Customers who choose BCA are an integral part of our success. This is why the principles of Enhanced Relationship and Quality Growth must be diligently implemented to service our loyal customers and to further increase the quality of BCA. In keeping with the theme of our 56th birthday, “Always by your side”, BCA seeks to provide the best services and solutions to customers in accordance with their needs. Our hope is that BCA at the age of 57 will be even more resilient in the face of all challenges. May success be with us as we progress together.

Bank Central Asia Tbk BBCA:IJ on Bloomberg

Bank Central Asia Tbk P.T. on Forbes

Bank Central Asia Tbk PT (BBCA.JK) on Reuters

Behind the success achieved by BCA is the professional and diligent management team whose ongoing efforts have gained BCA a strong and enviable reputation within the banking industry.

BCA CEO and Top Management

Founding Father :Sudono Salim (Liem Sioe Liong)

Interview with Djohan Emir Setijoso, President Commissioner Bank Central Asia

Team Work Yes Super Hero No, Jahja Setiaatmadja, Presiden Direktur PT Bank Central Asia Tbk

Hard work, policies, good management, commitment and compliance with regulations has made BCA a prestigious Bank with reputation that is filled with pride. Each year, BCA continues to be known as an impressive bank that has received high praise as professionally managed financial institution.

The following are various awards given to BCA in the past few years.

Serve Care Indonesia - Service To Care Award 2012

BCA received an award for :
Indonesia Service to Care Champion 2012

Category : Saving Account, Conventional Banking
Category : Credit Card, Conventional Banking

Marketeers - Markplus Insight
25 January 2012

Indonesian Bank Loyalty Award (IBLA) 2012

BCA received an award for :

The Best of Indonesian Bank Loyalty Champion 2012
Category : Credit Card
Indonesian Bank Loyalty Champion 2012
Category : Loyalty Program for Credit Card

Infobank - MarkPlus Insight
28 January 2012

@GoodLifeBCA Happy 57th.anniversary to @HaloBCA & enjoy 57% by using flazz card @77esteler at 135 outlets #bca57th pic.twitter.com/vHW38t5Ogz
— James Rudyanto (@translatorbali) February 19, 2014

Flashback

Bank Central Asia (BCA) is an Indonesian bank founded on August 10, 1955.

The Asian financial crisis in 1997 had a tremendous impact on Indonesia’s entire banking system. In particular, it affected BCA’s cash flow and even threatened its survival. Panic rush forced the bank to seek assistance from the Indonesian government. The Indonesian Bank Restructuring Agency took over control of the bank in 1998.

Somehow full recovery was accomplished later in the same year. In December 1998, third-party funds were back at the pre-crisis level. BCA’s assets stood at Rp 67.93 trillion, as opposed to Rp 53.36 trillion in December 1997. Public confidence in BCA was fully restored, and BCA was released by IBRA to BI in 2001

Key BCA: A vasco keypad as used by Bank Central Asia.

Subsequently, BCA took a major step by going public. The IPO took place in 2000, selling 22.55% of BCA’s shares that were being divested by IBRA. After the IPO, the agency still controlled 70.3% of BCA’s total shares. The second Public Offering took place in June and July 2001, with IBRA divesting an additional 10% of its interest in BCA.

rear of a KeyBCA keypad issued by Vasco.

In 2002, IBRA divested 51% of its BCA shares through a strategic private placement tender. The Mauritius-based Farindo Investment won the tender.

There is a BCA representative office in Singapore

BCA was officially founded on 21 February 1957 with its original name Bank Central Asia NV. Lots of things have traversed since the bank was founded, and perhaps the most significant was when the monetary crisis occurred in 1997.

The crisis has brought a tremendous impact on the overall banking system in Indonesia. However, specifically, this condition affected cashflow adversely in BCA and even had threatened its sustainability and going concern . Many customers got panic and then abuzz withdrawn their cash. As a result, the bank resorted to request bailout from Indonesian Government. And then Indonesian Bank Restructuring Agency (BPPN) then took over BCA in 1998.

Thanks to the wise business and decision-making of the then management, BCA successfully got recovered at the same year. In December 1998, the fund returned to the point before the crisis started . BCA's asset reached Rp 67.93 trillion, whereas in December 1997 only Rp 53.36 trillion. Public confidence to BCA fully restored and BCA submitted by BPPN to Bank Indonesia in 2000.

Now Use your BCA Flazz card and BCA credit card and get a 57 % discount on patronizing Esteler77 at 135 outlets, Solaria Dine in outlets in Jabodetabek, Bandung, Surabaya, Semarang, Solo, Yogyakarta, Malang, Bali, Makassar, Bandar Lampung, Palembang, Medan, Pekan Baru and Batam. from February 21st up to February 23rd. 2014

at Charles & Keith shops , as you make purchases such as shoes , handbags, belts, sunglassess, purses and wallets , and other accessories for at least Rp 570,000 by using BCA credit card, you are entitled to get a voucher worth Rp. 200.000 and at Starbucks for Buy one Get one or upsize.
In addition, by using BCA Flazz Card , you can just pay Rp1 for Trans Jakarta fare , valid from the 21st until the 23rd of February 2014.