JAKARTA (Yosefardi) – PT Bank Central Asia Tbk (BBCA) intends to acquire 2 banks this year and opts to control that banks.
Jahja Setiaatmadja, BBCA’s president director, said by regulation BCA can not control the one acquired bank as new buyer could only acquire maximum 40%.
But the current regulation has the special treatment for buyers willing to acquire more than one banks, to control the acquired banks with ownership of more than 50%.
Jahja said BCA has so far made no approach with targeted banks as the economic situation is on the slowing down.
BBCA plans to acquire banks with capital of less than Rp1 trillion. Currently BBCA has seven subsidiaries; BCA Finance, BCA Finance Limited Hong Kong, BCA Syariah, Central Santosa Finance, BCA Sekuritas, BCA Insurance and BCA Life, with total assets of Rp557.43 trillion as of March 2015.