Bank Central Asia (BCA)

Overview

Established in 1957, Bank Central Asia (BCA) is one of Indonesia's largest private banks, providing a wide array of financial services such as consumer banking, corporate banking, credit cards, investment banking, mortgage loans, and private banking. The bank has been actively involved in various investments and partnerships to enhance its financial services and expand its market presence. BCA's investment strategy encompasses a diverse range of asset classes, including fixed income, equity, real estate, private equity, and venture capital. The bank focuses on multiple stages of investment, from early-stage ventures to buyouts, with a primary geographical focus on Indonesia. Its investments span various industries, including financial services, technology, healthcare, consumer goods, infrastructure, energy, telecommunications, retail, manufacturing, transportation, agriculture, education, media, real estate, and tourism. In recent years, BCA has introduced several initiatives to attract a broader investor base. In July 2023, the bank launched the Batavia Global ESG Sharia Equity USD Mutual Fund (BGESEU), a Sharia-compliant investment product with an ESG theme, in partnership with PT Batavia Prosperindo Aset Manajemen (BPAM). This product focuses on global companies that have implemented ESG practices across sectors such as information technology, healthcare, and materials & industrials. Additionally, in March 2024, BCA revealed strategies to engage more young investors, particularly targeting the Gen Z demographic, by lowering investment thresholds and enhancing financial literacy through its myBCA application. BCA's commitment to sustainable and responsible investing is evident in its offerings that consider environmental, social, and governance (ESG) factors. The bank's diversified investment approach and focus on various asset classes and industries reflect its dedication to providing comprehensive financial solutions to its clients while contributing to the broader economic development of Indonesia.

Investment Focus

• Investment horizon: 5-10 years
• Targeted internal rate of return (IRR): 15-20% per annum
• Preference for investments in Indonesia
• Focus on industries such as technology, healthcare, consumer goods, infrastructure, energy, telecommunications, retail, manufacturing, transportation, agriculture, education, media, real estate, and tourism
• Interest in early-stage ventures, growth-stage companies, and buyouts
• Alignment with ESG principles