Bank BCA Credit Growth 13% Support by All Segment

Bank Central Asia, Tbk (BBCA:IJ) loan growth was up 13% in 1H18, or company’s performance still growing above the industry. Company’s credit growth is sustained by the entire sector financing, since middle class credit consumer pretty good experience growth amid the trend of interest rates and global economic conditions.

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Further, the largest Bank BCA’s credit contributor held the corporate segment, or growth up to 13% in 1H2018. However, based on the experience of previous years target pegged at the beginning of the year could be exceeded. Company optimistic loan growth may reach 12%-15% when compared to the previous year’s position.

On the other hand, also projected current growth is difficult due to the trend of rising interest rates. Not to mention the condition of the global economy, especially in the United States indirectly would affect economic growth in the country. In addition, the company’s quality of credit, still remain secure. Until the end of June 2018 position of non performing loan (NPL) rate still at level 1,4%-1.5%.