JAKARTA, RAKYAT NEWS -PT Bank Central Asia Tbk (BCA) has announced that it will distribute an interim cash dividend of Rp 6.16 trillion, which translates to Rp 50 per share, for the fiscal year ending December 31, 2024.

The decision was made during the bank’s Annual General Meeting of Shareholders (AGMS) held on March 14, 2024.

Jahja Setiaatmadja, President Director of BCA, explained that the decision to pay an interim dividend took into account the company’s solid capital position, adequate liquidity, business development prospects, and investments in technology.

These factors ensure BCA remains competitive in today’s digital age. The total interim dividend represents an 18% increase over the amount paid for the fiscal year ending December 31, 2023.

“We are deeply grateful for the trust from our shareholders, which has enabled BCA to achieve positive performance through the first nine months of 2024,” Jahja said on Tuesday, November 12.

BCA posted a net profit of Rp 41.1 trillion for the first nine months of 2024, reflecting a year-on-year (YoY) growth of 12.8%.

This impressive profit growth was driven by the expansion of quality financing, as well as increased transaction volumes and funding. The growth in BCA’s lending portfolio through September 2024 underscores the bank’s commitment to supporting national economic growth.

Jahja also highlighted strong demand for consumer credit, noting that BCA’s 2024 Expoversary and Expo events collectively generated over Rp 78 trillion in mortgage and auto loan applications. This indicates a robust demand for financial products and services across the board.

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