15.2.12
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Bank Central Asia (BCA) is an Indonesian bank founded on August 10, 1955.
BCA was first founded on 21 February 1957 as Bank Central Asia NV. A lot of things have happened since then—the most significant of all being perhaps the Asian monetary crisis in 1997.
Although this crisis had a tremendous impact on Indonesia’s entire banking system, in particular it affected BCA’s cash flow and even threatened its survival. Panic rush forced the bank to seek assistance from the Indonesian government. The Indonesian Banking Restructuring Agency (IBRA) took over BCA in 1998.
Thanks to its management’s business sagacity and shrewd decision making, full recovery was accomplished later in the same year. In December of 1998, third-party funds were back at the pre-crisis level. BCA’s assets stood at Rp 67.93 trillion, as opposed to Rp 53.36 trillion in December 1997. Public confidence in BCA was fully restored, and BCA was released by IBRA to BI in 2000.
Subsequently, BCA took a major step by going public. The IPO took place in 2000, selling 22.55% of BCA’s shares that were being divested by IBRA. After the IPO, the agency still controlled 70.30% of BCA’s total shares. The second Public Offering took place in June and July of 2001, with IBRA divesting an additional 10% of its interest in BCA.
In 2002, IBRA divested 51% of its BCA shares through a strategic private placement tender. The Mauritius-based Farindo Investment, Ltd won the tender. Today, BCA continues to strengthen its tradition of good corporate governance, full compliance with regulations, sound risk management and the commitment to its customers both as a transactional bank and an institution for financial intermediation.
Although this crisis had a tremendous impact on Indonesia’s entire banking system, in particular it affected BCA’s cash flow and even threatened its survival. Panic rush forced the bank to seek assistance from the Indonesian government. The Indonesian Banking Restructuring Agency (IBRA) took over BCA in 1998.
Thanks to its management’s business sagacity and shrewd decision making, full recovery was accomplished later in the same year. In December of 1998, third-party funds were back at the pre-crisis level. BCA’s assets stood at Rp 67.93 trillion, as opposed to Rp 53.36 trillion in December 1997. Public confidence in BCA was fully restored, and BCA was released by IBRA to BI in 2000.
Subsequently, BCA took a major step by going public. The IPO took place in 2000, selling 22.55% of BCA’s shares that were being divested by IBRA. After the IPO, the agency still controlled 70.30% of BCA’s total shares. The second Public Offering took place in June and July of 2001, with IBRA divesting an additional 10% of its interest in BCA.
In 2002, IBRA divested 51% of its BCA shares through a strategic private placement tender. The Mauritius-based Farindo Investment, Ltd won the tender. Today, BCA continues to strengthen its tradition of good corporate governance, full compliance with regulations, sound risk management and the commitment to its customers both as a transactional bank and an institution for financial intermediation.
Job Program at Bank Central Asia in February 2012
We are now inviting for candidates who domiciled in Aceh, Bali, Bengkulu, Papua, Jakarta Raya, Jambi, Jawa Barat, Jawa Tengah, Jawa Timur, Kalimantan Barat, Kalimantan Selatan, Kalimantan Tengah, Kalimantan Timur, Lampung, Maluku, Nusa Tenggara Barat, Nusa Tenggara Timur, Riau, Sulawesi Selatan, Sulawesi Tengah, Sulawesi Tenggara, Sulawesi Utara, Sumatera Barat, Sumatera Selatan, Sumatera Utara, Yogyakarta, Bangka Belitung, Banten, Gorontalo, Maluku Utara and its surrounding areas to join us in Bank Central Asia Development Program (BDP) February 2012 with these following requirements :
BCA Development Program (BDP)
Requirements:
- Bachelor Degree (S1 or S2) of the reputable universities.
- GPA of at least 3.00 for Strata 1 and 3.25 for Strata 2 (on scale of 4.00).
- Maximum age of 25 years old for Strata 1 and 27 years old for Strata 2.
- Systematic communication.
- High motivation.
- High-power analysis.
- Ability to work in teams.
- Drug-free.
- Not married yet (single) and willing to not get married during the study.
- Willing to be assigned and placed on the branches throughout the territory of Indonesia according to the BCA needs.
- Willing to follow education and working contract after education.
- Pass the selection tests.
How to Join ?
If you are one of the person that has qualified the requirements above, please apply yourself online by the link that has been provided above in accordance to Bank Central Asia Development Program (BDP) February 2012
Please done the online application submission online with no later than February 17th, 2012.
Job Note : Only short-listed candidates will be invited via e-mail/phone for Test and Interview
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