Jakarta. Bank Central Asia (BCA), Indonesia's largest private bank, has reported a remarkable net profit of Rp 48.6 trillion ($3 billion) for the year 2023, showcasing a notable increase of 19.4 percent compared to the previous year. 

The overall revenue for the year stood just below Rp 100 trillion.

BCA's net interest income recorded a significant year-on-year increase of 17.5 percent, reaching Rp 75.4 trillion, while other income grew by 5.5 percent to Rp 23.9 trillion.

Jahja Setiaatmadja, President Director of BCA, announced on Thursday that the bank had successfully channeled Rp 810.4 trillion in credit throughout the year, representing a substantial 13.9 percent year-on-year growth in credit disbursement compared to 2022.

"Supported by robust liquidity, BCA maintains optimism in driving national economic growth through credits in various sectors while adopting prudent measures for 2024," Jahja said in Jakarta.

"We will continue to expand the ecosystem of our transactions and innovate a safer and more reliable banking platform for our customers," he added.

In terms of public funds, BCA collected Rp 1,102 trillion last year, including Rp 536.2 trillion in saving accounts, Rp 348.5 trillion in GIRO transfers, and Rp 217 trillion in time deposits.

The bank's customer base has seen impressive growth, doubling to 31 million in the past five years.