PT Bank Central Asia Tbk (BCA) is like, really committed to being super careful when it comes to giving out loans, especially after this whole scandal about giving loans to PT Sri Rejeki Isman Tbk (Sritex) came out. They’re all about keeping their loan at risk (LAR) and non-performing loan (NPL) ratios in check, making sure they stay at 6 percent and 2 percent respectively until the first quarter of 2025. The EVP Corporate Communication & Social Responsibility of BCA, Hera F. Haryn, was like, “Our NPL and LAR reserve ratios are totally solid, at 180.5 percent and 66.5 percent, yo.”
So, there’s this whole investigation by the Attorney General’s Office into a bunch of banks allegedly involved in the Sritex case, right? BCA is all about respecting the legal process and working with everyone involved, including the court-appointed curators to settle things for the debtors and creditors. The Attorney General’s Office already named three suspects in the corruption case related to Sritex loans. Two dudes from regional banks got caught up in this mess, DS from Bank BJB and ZM from Bank DKI, along with Iwan Setiawan Lukminto, the former CEO of Sritex from 2005 to 2022. They’re saying DS and ZM gave out loans unlawfully without proper analysis or following the rules, man.
The investigators found out that Sritex and its subsidiaries owed a whopping Rp 3.58 trillion in loans by October 2024, with money coming in from Bank Jateng, Bank BJB, Bank DKI, and even a syndicate involving Bank BNI, Bank BRI, and LPEI. Sritex got loans amounting to Rp 692.98 billion from Bank BJB and Bank DKI. The AGO is still digging into other regional banks and syndicate members involved, so we’ll have to wait and see how this all pans out. They’re vowing to take action against anyone caught up in this corruption mess, and we’ll be sure to keep you posted on any updates, for sure.
