"During the first nine months of 2011 BCA was able to maintain its solid growth in extending credits and carrying out transactional banking activities," BCA President Director Jahja Setiaatmadja said at a BCA analyst meeting here on Monday.
Total net interest income and operating revenues in the nine months through September meanwhile rose 18.2 percent to Rp17.5 trillion from Rp14.8 trillion in the same period last year, he said.
Net interest margin also increased 50 basis points year-on-year to 5.7 percent, while return on assets grew 3.8 percent and return on equity 32.4 percent, he said.
BCA credit portfolio grew significantly by 27 percent at the end of September 2011 to Rp175.3 trillion from Rp138.9 trillion the year before, he said.
"The increase in the amount of credits extended was particularly fueled by strong demand for commercial and consumer credits," he said.
The high credit growth raised loan-to-deposit ratio (LDR) to 58.3 percent at the end of September from 52.6 percent in September 2010, he said.
The ratio of non-performing loans (NPLs) to total loans remained controllable at 0.5 percent at the end of September 2011 with the ratio of reserves to NPLs standing at 350.3 percent, he said.
Third party funds also grew 14.6 percent year-on-year to Rp301.3 trillion at the end of September 2011, he said.