BCA Ready to Provide Rp10 Trillion in New Loans
Wednesday, 31 January, 2007 | 15:13 WIB

TEMPO Interactive, Jakarta: PT Bank Central Asia Tbk is targeting that this year’s new loans will amount to around Rp10 trillion.

It is estimated that the total growth total in loans will amount to 18 percent.

Suwignyo Budiman, a BCA Director, said that this target was higher, compared to last year’s loan growth of 13 percent and the total loan disbursement of Rp7.5 trillion.

“Last year (2006) was in fact a little slow,” he said in Jakarta yesterday (30/1).

The slow loan disbursement, he said, was because of the impact of oil price rises last year that resulted in a reduction in public purchasing power.

Public demand last year went down by around 20 percent compared to 2005.

In addition, the total of undisbursed loans was still quite high.

According to Suwignyo, undisbursed loan throughout last year reached 25 percent of the total ceiling that has been agreed upon, or Rp5 trillion.

“The total ceiling was around Rp20 trillion,” he said.

However, Suwignyo was reluctant to reveal the composition of BCA’s loan distribution for this year in detail.

According to him, BCA is carrying out efforts so that loan distribution is equal in all business sectors.

“We won’t focus on one sector, we try it to be equal,” said Suwignyo, “But it also depends on demand.”

Based on last year’s experience, he said, more loan demand came from the trade sector.

For this year, it is estimated that consumer loan demands will be more dominant.
Suwignyo said that there are new loan demands, in particular house ownership loans amounting to between Rp2 trillion and Rp3 trillion.
Loans from credit cards are estimated to reach Rp1.6 trillion.

“Every year, credit cards grow from 30 to 40 percent,” he said.

Suwignyo said BCA would implement new methods to achieve this year’s loan disbursement target.

It will do this by optimizing cooperation in financing with agents, dealers or sub-dealers.

“We will give small business credit facility with technology so that payment transactions from agents are easier,” he said.

Suryani Ika Sari