12 April 2023

BCA Syariah Opens a Branch in the City of Cimahi

Cimahi, April 12, 2023 – PT Bank BCA Syariah (BCA Syariah) has opened a Sub-Branch Office for Sharia Service Units (KCP ULS) in Cimahi, located at the BCA Sub-Branch Office Building in Cimahi, West Java, on Cimahi Street 533. The opening of this branch is part of the company's efforts to enhance the growth of low-cost funds and expand access to Sharia banking services in the West Java region.

The operation of BCA Syariah KCP ULS Cimahi adds to the total number of BCA Syariah branch offices, reaching 74 branches across Indonesia, including 4 branch offices in the Bandung and surrounding areas. BCA Syariah President Director, Yuli Melati Suryaningrum, stated, "BCA Syariah's presence in Cimahi is part of the company's strategy to enhance sustainable performance through organic growth. With network expansion, we are committed to contributing to the improvement of Sharia banking service inclusion."

In the first quarter, BCA Syariah's assets grew by 16.3% annually (Year on Year/YoY) or recorded at IDR 12.5 trillion. The asset growth was supported by an increase in Third Party Funds (DPK), recorded at 20% YoY, reaching IDR 9.2 trillion, with low-cost funds making up 38.1%. Cimahi, known for its textile and processing industry, is making efforts to develop the creative industry as a new economic development. "With the rapid progress, we see the potential for good business development in the city of Cimahi. The presence of BCA Syariah is expected to contribute to the economic development of Cimahi," said Yuli.

BCA Syariah will remain focused on increasing low-cost fund acquisition through IT capability enhancement, delivery channel development, and expansive yet measured financing distribution, emphasizing prudent principles. We target asset growth in the range of 9-11% by the end of 2023," Yuli added.

BCA Syariah KCP ULS Cimahi offers various Sharia banking products, including fund collection products such as Tahapan Mabrur iB, Tahapan Rencana iB, Tahapan iB, Giro iB, Deposito iB, and Simpanan Pelajar (SimPel) iB. In addition, there are consumptive financing products such as Emas iB financing, Multijasa Umrah financing, KPR iB, and KKB iB. Convenience and service comfort are supported by e-channel facilities such as BCA Syariah Mobile (mobile banking), Klik BCA Syariah (internet banking), as well as a wide network of BCA ATMs and EDCs.

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About PT Bank BCA Syariah

PT Bank BCA Syariah (BCA Syariah) is a subsidiary of PT Bank Central Asia Tbk., which began operations on April 5, 2010. As of March 2023, BCA Syariah's total assets have reached IDR 12.5 trillion, up by 16.2% compared to the same period the previous year (YoY). BCA Syariah's financing distribution reached IDR 7.7 trillion, growing by 16.3% YoY. Meanwhile, Third Party Funds (DPK) reached IDR 9.3 trillion, an increase of 20% YoY.

For further information, please contact:

PT BANK BCA SYARIAH

Business & Communication Unit

Address: Jl. Jatinegara Timur no. 72, East Jakarta 13310

Phone: (021) 850-5030

Fax: (021) 850-9959

Email: bcas_humas@bcasyariah.co.id

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