About BCA

BCA was officially founded on 21 February 1957 with the name of Bank Central Asia NV.
Many things have passed by since the establishment, and perhaps the most significant is the monetary crisis that occurred in 1997.

This crisis brought a remarkable impact on the overall banking system in Indonesia. However, specifically, these conditions affect the cash flow of funds in the BCA and even had to threaten birthday. Many customers panic and roll their funds. As a result, banks are forced to ask for assistance from the government. National Bank Agency (BPPN) then took over BCA in 1998.

Owing to the business and policy decision-making wise, BCA successfully restored in the same year. In December 1998, the funds have been three parties to return to the level before the crisis. BCA assets reached Rp 67.93 trillion, while in December 1997 only Rp 53.36 trillion. Public confidence in the BCA has fully recovered, and the BCA BPPN to be submitted by Bank Indonesia in 2000.

Furthermore, the BCA to take big steps to become a public company. Quoting Prime Shares held in 2000, by selling shares of 22.55%, which comes from divestasi BPPN. After the Prime Stock Quotes, BPPN still control 70.30% of all shares BCA. Bidding to two shares held in June and July 2001, with BPPN mendivestasikan 10% of the shares it owns in the BCA.

In 2002, IBRA release 51% of the shares in the tender BCA through a strategic private placement. Farindo Investments, Ltd.., Based in Mauritius, won the tender. Currently, the BCA continues to strengthen its tradition of good corporate governance, in full compliance regulations, risk management and commitment to its customers in the bank as well as transactional and financial intermediary institutions.