Jakarta, 12 November 2024 – PT Bank Central Asia Tbk (IDX: BBCA) (the “Company”) has decided to distribute interim cash dividends reinforcing its commitment to consistently deliver added value to all shareholders. This decision is supported by a sustained trend of performance growth through the third quarter of 2024. Additionally, the interim cash dividend distribution reflects considerations of the Company’s solid capital position, adequate liquidity, business expansion of both the Company and its subsidiaries, as well as investments in technology to compete effectively in today’s digital era.
The Company’s Annual General Meeting of Shareholders held on 14 March 2024 (“Annual GMS”) has authorized the Company's Board of Directors, with the approval of the Company's Board of Commissioners, to pay interim dividends for the 2024 fiscal year, should the Company's financial condition permit and in compliance with applicable laws and regulations.
Pursuant to the authorization provided by the Company’s Annual GMS, the Company’s Board of Directors, with the approval of the Board of Commissioners, will distribute an interim cash dividend of Rp50.00 (fifty rupiah) per share for the fiscal year ending on 31 December 2024, totaling Rp6,163,752,500,000.00 (six trillion one hundred sixty three billion seven hundred fifty two million five hundred thousand rupiah). This total interim cash dividend has risen by 18% compared to the interim dividend paid for the fiscal year ending 31 December 2023.
“We are truly grateful for the trust of all our shareholders, which has allowed the Company to achieve positive performance during the first nine months of 2024. BCA’s total loans saw strong growth across all segments, reaching Rp877 trillion as of September 2024, reflecting a 14.5% increase year-on-year. This achievement underscores our commitment to continually support the national economy. We have also recorded consistent growth in banking transactions, alongside continuous investments to strengthen our hybrid banking ecosystem. The Company’s liquidity and capital remain at adequate levels. This interim cash dividend demonstrates the Company’s commitment to operating with excellence and providing sustainable added value to our shareholders,” said Jahja Setiaatmadja, BCA President Director.
As of September 2024, BCA’s loan disbursements were supported by corporate loans, grew at the highest rate of 15.9% YoY, reaching Rp395.9 trillion. Meanwhile, commercial loans rose by 11.8% YoY to Rp135.3 trillion, and SME loans increased by 14.2% YoY to Rp120.1 trillion. Consumer loans grew by 13.1% YoY to Rp216.5 trillion, mainly driven by mortgages and vehicle loans. Regarding financing for sustainable sectors, BCA’s portfolio grew by 10.7% YoY to Rp214 trillion, contributing 24.3% of the total financing portfolio.
The schedule for the distribution of interim cash dividend for the financial year ending 31 December 2024, is as follows:
| No. | AGENDA | DATE |
|
1 |
Announcements on the Indonesia Stock Exchange and the Company’s Website |
12 November 2024 |
|
2 |
End of Trading Period with Dividend Rights (Cum Dividend) ● Regular Market and Negotiated Market ● Cash Market |
20 November 2024 22 November 2024 |
|
3 |
Beginning of Trading Period without Dividend Rights (Ex Dividend) ● Regular Market and Negotiated Market ● Cash Market |
21 November 2024 25 November 2024 |
|
4 |
Date of List of Shareholders entitled to Dividend (Record Date) |
22 November 2024 |
|
5 |
Interim Cash Dividend Payment Date for 2024 Fiscal Year |
11 December 2024 |
The interim cash dividend will be credited toward the final dividend for the fiscal year ending 31 December 2024, which will be distributed following approval by the Company’s Annual General Meeting of Shareholders in 2025.
Picture Information:
BCA Distributes Interim Cash Dividend of Rp50,00 per Share - PT Bank Central Asia Tbk (IDX: BBCA) has decided to distribute an interim cash dividend of Rp50.00 (fifty rupiah) per share in line with the Company’s commitment to consistently provide added value and cash returns in the form of dividends to all shareholders. This decision is supported by sustained performance growth through the third quarter of 2024. In addition, the cash interim dividend distribution has also taken into account the Company’s strong capital position, adequate liquidity, business development of the Company and its subsidiaries, and investment in technology to remain competitive in today’s digital era.
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About PT Bank Central Asia Tbk (As of 30 September 2024)
BCA is one of the leading commercial banks in Indonesia with the core business of transaction banking. BCA also offers a full range of financial services in consumer, SME, commercial and corporate segments. By the end of September 2024, BCA has the privilege of serving more than 40 million customer accounts, processing around 97 million daily transactions through a network of 1,257 branches, 19,439 ATMs as well as internet & mobile banking services, and Halo BCA contact center that can be accessed 24 hours. BCA’s presence is complemented by a number of subsidiaries focusing on vehicle financing, sharia banking, securities, general and life insurance, digital bank, remittance as well as venture capital business. BCA is committed to building lasting relationships with customers, putting people first, and making a positive impact on society at large. With more than 27,000 employees, BCA's vision is to be the bank of choice and a major pillar of the Indonesia economy.
PT BANK CENTRAL ASIA TBK
Group Corporate Communication and Social Responsibility - CSR
Corporate Communication
Address : Jl. MH Thamrin No. 1
Menara BCA Lt. 22
Jakarta Pusat 10310
Telephone : (021) 2358-8000
Fax : (021) 2358-8339
E-mail : corcom_bca@bca.co.id
