{
    "success": true,
    "data": {
        "id": 1706723,
        "msgid": "economist-reveals-bcas-strategy-to-maintain-liquidity-amid-macroeconomic-pressures-1777387912",
        "date": "2026-04-28 20:32:36",
        "title": "Economist Reveals BCA's Strategy to Maintain Liquidity Amid Macroeconomic Pressures",
        "author": "Aditya Mulyawan",
        "source": "KOMPAS",
        "tags": "",
        "topic": "Banking",
        "summary": "In the face of rising economic uncertainty and domestic fiscal risks, PT Bank Central Asia Tbk (BCA) demonstrated robust performance in the first quarter of 2026, primarily through adaptive strategies that leverage its dominance in low-cost current account saving account (CASA) funds and foreign exchange hedging options to retain customer deposits. Economist Yanuar Rizky from Bright Institute highlights how BCA's integrated payment infrastructure supports asset quality and moderates non-performing loans, while its premium customer segments like Prioritas and Solitaire position the bank as a flexible safe haven for large deposits. From an investment perspective, BCA shares are recommended for long-term accumulation, particularly during market corrections, underscoring the bank's resilience in a volatile environment.",
        "content": "<p>Amid increasing economic uncertainty and domestic fiscal risks, the\nperformance of PT Bank Central Asia Tbk, or BCA (stock code: BBCA), in\nthe first quarter of 2026 shows strong resilience. This is assessed to\nbe influenced by adaptive strategies in reading changes in customer\nbehaviour and increasingly complex macroeconomic dynamics. Economist\nfrom Bright Institute, Yanuar Rizky, assesses that BCA\u2019s main strength\nlies in its business fundamentals, particularly its dominance in\nlow-cost funds or current account saving accounts (CASA). In the\nIndonesian banking landscape, CASA instruments serve as an important\nindicator because they reflect liquidity stability as well as funding\ncost efficiency. \u201cBCA\u2019s ability to maintain Third-Party Funds (DPK)\nliquidity by providing space for customers to continue holding their\nfunds at BCA through the provision of foreign exchange pockets is a\nstrong strategy,\u201d Yanuar stated in a written explanation received by\nKompas.com on Tuesday (28\/4\/2026). By providing hedging channels within\nits own ecosystem, BCA effectively curbs potential capital outflows at\nthe micro level. Customers continue to keep their funds at BCA in\nforeign exchange form, rather than withdrawing funds from the bank to\nbuy dollars or gold outside the system. \u201cEven, the weakening of the\nrupiah indirectly contributes to increasing the value of CASA in rupiah\ndenomination, thus providing an additional effect to the bank\u2019s balance\nsheet,\u201d he said. On the other hand, BCA\u2019s advantages are also\nstrengthened by its dominance in integrated payment systems. A strong\npayment gateway infrastructure creates a \u201cback-to-back\u201d relationship\nbetween fund mobilisation (savings) and credit disbursement,\nparticularly consumer credit. This model allows BCA to maintain asset\nquality while moderating the potential rise in non-performing loans\n(NPL) or troubled credit. From an investment perspective, BCA shares\nstill hold their own appeal. Yanuar views BBCA as a candidate for a\nlong-term accumulation strategy, rather than as a safe haven. Primarily,\nwhen price corrections occur and volatility begins to subside.\nMeanwhile, from the customer behaviour side, the dynamics are also\ninteresting. Data from the Deposit Insurance Corporation (LPS) shows\nthat small depositors tend to reduce their savings, while large\ndepositors actually increase theirs. In such a situation, Yanuar\nassesses that customer segmentation, such as Prioritas and Solitaire,\nbecomes increasingly relevant. BCA not only offers exclusive services\nbut also positions itself as an institution capable of becoming a \u201csafe\nplace\u201d for large funds, not in the sense of being free from market\nrisks, but as a place to perform flexible hedging. \u201cPrioritas and\nSolitaire customers are indeed part of the strategy so that owners of\nlarge funds still feel that the bank is a place to maintain hedging,\u201d\nYanuar added.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/economist-reveals-bcas-strategy-to-maintain-liquidity-amid-macroeconomic-pressures-1777387912",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}