BCA Eyes 50% Consumer Loan Growth

Bank Central Asia (BCA), the country’s second largest lender, aims to boost its consumer loans by 50% to Rp13.5 trillion ($1.47 billion) by the end of 2007 from Rp9 trillion last year, Bisnis Indonesia reported on Monday (12/3/07).

BCA vice president Aswin Wirjadi said growth would be supported by demand from home financing.

Consumer financing comprised about 17% of BCA's total loans. The bank aims to increase its outstanding loans by Rp10 trillion this year from Rp61 trillion last year.