TIME.CO, Jakarta – President Director of PT Bank Central Asia Tbk. or BCA Jahja Setiaatmadja believes the threat of a global recession in 2023 will not significantly affect distribution performance credit bank driving. He is optimistic that credit will grow not much differently from this year’s result.
“For 2023, we are quite optimistic to see that our credit has increased by 12.6% annually this year,” Jahja said at a press conference last week. “We hope with about the same percentage of being able to reach it in 2023. They will be challenges”.
By the end of the third quarter of 2022, BCA had made loans of IDR 682 trillion, an increase of 12.6% year-on-year. Year after year (aaaaaaaaaaaaaaaaaaaaaa For this year, the company expects credit growth of between 8 and 10% year-on-year.
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Jahja’s confidence is partly due to the fact that there are still several potential sectors that are considered capable of increasing the credit performance of the BBCA stock-coded company. Although it is currently difficult to map which sectors have growth potential, what is certain is that the consumer sector will always be needed by the community.
“The consumer sector will always be needed because 260 million people in Indonesia also need food and fashion, it will always be needed,” said Jahja.
Also, Jahja said, another sector that is expected to grow is tourism. In addition, a number of countries have begun to relax people’s activities for travel. This is considered a potential for the tourism sector to increase transactions net foreign currency.
As of the third quarter of 2022, BCA’s credit performance was supported by all segments, such as corporate loans which increased 13.4% yoy to Rp 306.1 trillion, while commercial and commercial loans PMIs increased 12.6% yoy to Rp 203.5 trillion. Meanwhile, housing loans (KPR) grew 10.4 percent year-on-year to 105 trillion rupees and automotive loans (KKB) by 43.8 trillion rupees, up 9.2 percent. every year.
