Saturday, July 27, 2024

BCA reveals investment plans at IKN

Reading Time: < 1 minute
Audina Nur

Journalist

Editor

Interview

PT Bank Central Asia (BCA), a company under the Djarum Group, is reportedly planning to invest in the construction of a financial center in the Nusantara Capital (IKN).

Agung Wicaksono, Deputy for Funding and Investment at the Nusantara Capital Authority (OIKN), said the financial center, a specific project by the Djarum Group for BCA, will commence groundbreaking simultaneously with the construction of the Financial Services Authority (OJK) office in IKN.

“This is by the Djarum Group, specifically BCA. As I mentioned earlier, first there will the Indonesian Deposit Insurance Corporation (LPS). Next, there will be the OJK, so I think the banks, including BCA, will enter simultaneously or after the OJK,” Agung told a media briefing on Tuesday, January 6, 2024.

Agung emphasized that the presence of regulators in the financial sector in the IKN area needs to be prioritized before various financial service industries enter the IKN. Therefore, after the groundbreaking by OJK, several banks, including BCA and PT Bank Mandiri (BMRI), are expected to initiate construction in IKN.

Previously, Hera F. Haryn, Executive Vice President Corporate Communication and Social Responsibility at BCA, said the bank is currently coordinating with various stakeholders ahead of the groundbreaking in IKN.

“Regarding the branch network in IKN, in principle, we always coordinate with all stakeholders, including the government, authorities, and banking regulators,” Hera told Bisnis.com.

 She declined to provide details about the amount of BCA’s investment in IKN, but assured that BCA is committed to providing quality services and an optimal banking ecosystem.

Audina Nur

Journalist

 

Editor

 

Interview

SUBSCRIBE NOW
We will provide you with an invoice for your reimbursable expenses.

Free

New to Indonesian market? Read our free articles before subscribing to the premium plan. If you already run your business in Indonesia, make sure to subscribe to the premium subscription so you won’t miss any intelligence & business opportunities.

Premium

$550 USD/Year

or

$45 USD/Month

Cancelation: you can cancel your subscription at any time, by sending us an email inquiry@ibp-media.com

Add keywords to your market watch and receive notification:
No topics
Schedule a free consultation with us:

We’ll contact you for confirmation.

FURTHER READING

The Ethics Council of the Constitutional Court Honors (MKMK) has reprimanded Justice Anwar Usman after being found guilty of violating the Code of Ethics and Conduct for Constitutional Judges.
The Nusantara Capital City (IKN) Authority has revealed that they have been affected by the automatic adjustment policy, resulting in a budget of Rp21 billion (approximately US$1.47 million) being blocked by Minister of Finance Sri Mulyani Indrawati.
British oil giant BP has targeted the production of 176 liquefied natural gas (LNG) cargoes this year from the Tangguh LNG Plant in Bintuni Bay, West Papua, some 55 cargoes of which are expected to come from Train 3.
PT Chandra Asri Pacific (TPIA), an entity owned by conglomerate Prajogo Pangestu, is forecasting the completion of its Chlor Alkali-Ethylene Dichloride (CA-EDC) plant, which serves as a raw material source for electric vehicle (EV) batteries, by the year 2027.
The Ministry of Public Works and Housing is poised to finalize the selection of the winning bidder for the nation’s longest toll road project, the Gedebage – Tasikmalaya – Cilacap (Getaci) Toll Road.
Minister of Communication and Informatics, Budi Arie Setiadi, has revealed that the draft Presidential Regulation (Perpres) on Publisher Rights is set to be ratified soon.