Analysts Meeting Hasil Kinerja Tahun 2018

Positioning for Better Growth

Corporate Presentation

Analysts Meeting Jan – Dec 2018 Results PT Bank Central Asia Tbk

Jakarta, 28 ^th February 2019

Table of contents

page Macroeconomic Environment

Macroeconomic environment 4

Banking sector highlights – December 2018 5

Performance Overview

BCA key financial highlights 7

Solid loan growth 8

Mortgages grew moderated 9

Ample loan loss coverage 10

A leading transaction banking business 11

Solid funding franchise 12

Stable net interest margin 13

Sustained profitability 14

Quality growth through enhanced relationship 15

page Financial Review

Balance sheet summary 17

Income statement summary 18

Financial ratios 19

Diversified earning assets composition 20

Breakdown of earning assets yield 21

Balanced loan portfolio 22

Moderate consumer loan growth 23

Diversified industry concentration 24

NPL maintained at a low level 25

Active management of third party funds 26

Cost to income ratio 27

Appendix

Government bonds profile 30

BCA maintains 8 subsidiaries in 6 business lines 31

BCA credit ratings 32

BCA share performance 33

BCA awards 34

Agenda

Macroeconomic Environment Performance Overview

Financial Review

4.14%

4.45%

3.33%

2.79%

3.58%

3.02%

3.83%

3.61%

4.37%

3.88%

3.30%

3.61%

3.18%

3.40%

3.12%

2.88%

3.23%

2.82%

7.25%

6.75% 6.50%

6.00%

6.05% 6.02%

5.26% 5.27%

5.96%

6.66%6.93% 6.97%

1%

3%

5%

7%

9%

Jan-16 Apr-16 Jul-16 Oct-16 Jan-17 Apr-17 Jul-17 Oct-17 Jan-18 Apr-18 Jul-18 Oct-18 Jan-19

Macroeconomic environment

Inflation and BI Rates (%)

Source: Central Bureau of Statistics (BPS) and Bank Indonesia Inflation

BI Rate

(12-month term structure)

Rupiah/USD

Source: Bloomberg

• Global economic uncertainty

– Uncertainty regarding US interest rate policy – Cautious on US – China trade tension

– Declining commodity prices

• Indonesian economic growth 5.2% in 2018, marginally up from 5.1% in 2017

– Continuing infrastructure investment – Steady domestic demand

• Low annual inflation of 3.1% in Dec-18

• Rupiah exchange rate strengthened since 4Q18

• 7-day reverse repo remained flat at 6.0%, after 175 bps hikes from Apr - Oct-18

13,910

13,085 13,637

13,217 12,955

13,558

13,321 13,156 13,543

13,353 13,975

13,896 14,935

15,218

14,302 13,973

13,992

12,000 13,000 14,000 15,000 16,000

Jan-16 Apr-16 Aug-16 Nov-16 Mar-17 Oct-17 Nov-17 Mar-18 Aug-18 Feb-19

3.13%

2.82%

Banking sector highlights – December 2018

• Improving banking sector performance

− Total sector loans of Rp5,295tn (+11.8% / Rp557tn YoY)

− Total sector third party funds grew Rp341tln (+6.4% YoY) to Rp5,630tn

− Net profit grew 14.3% YoY to Rp150.0tn

− NPL ratio decreased 20 bps to 2.4%

in Dec-18

− System CAR stood at 23.0%

− System LDR at 94.8%, up from 90.0% in Dec-17

Banking Sector Financial Summary (Rp trillion)

Dec-16 Dec-17 Dec-18 YOY Change

Total Assets 6,730 7,388 8,068 9.2%

Total Loans 4,377 4,738 5,295 11.8%

Third Party Funds 4,837 5,289 5,630 6.4%

Current Accounts 1,124 1,233 1,315 6.7%

Savings 1,552 1,701 1,825 7.3%

Time Deposits 2,161 2,355 2,490 5.7%

Net Profit 106.5 131.2 150.0 14.3%

NIM 5.6% 5.3% 5.1% -20bp

LDR

^*

90.7% 90.0% 94.8% 480bp

NPL 2.9% 2.6% 2.4% -20bp

CAR 22.9% 23.2% 23.0% -20bp

Source: Financial Services Authority (OJK)

* LFR data is not available

Macroeconomic Environment Performance Overview

Financial Review

Agenda

BCA key financial highlights

• Outstanding loans grew Rp70.6tn or 15.1% YoY to Rp538.1tn

− Gross NPL ratio stood at 1.4%

supported by corporate write-offs in 2Q18 & 4Q18

• Third party funds increased

Rp48.7tn or 8.4% YoY to Rp629.8tn

− CASA up Rp39.3tn or 8.9% YoY to Rp483.0tn

− Time deposits increased Rp9.4tn or 6.8% YoY to Rp146.8tn

• Net profit rose 10.9% YoY to Rp25.9tn

• CAR stood at 23.4% and LFR at 81.6%

(Rp billion) Dec-16 Dec-17 Dec-18 YOY

Change Total Assets 676,739 750,320 824,788 9.9%

Outstanding Loans 415,896 467,509 538,100 15.1%

Third Party Funds 530,134 581,115 629,812 8.4%

Net Interest Income 40,215 41,858 45,336 8.3%

Non Interest Income 13,568 15,126 17,700 17.0%

Operating Expenses (23,383) (25,192) (27,653) 9.8%

Profit before Provisions & Tax 30,400 31,792 35,383 11.3%

Pre-Tax Profit 25,839 29,159 32,706 12.2%

Net Profit 20,606 23,310 25,855 10.9%

EPS – year to date Rp836 Rp945 Rp1,049 11.0%

(Bank only) Dec-16 Dec-17 Dec-18 YOY

Change

ROA 4.0% 3.9% 4.0% 10bp

ROE 20.5% 19.2% 18.8% -40bp

NIM 6.8% 6.2% 6.1% -10bp

LFR 77.1% 78.2% 81.6% 340bp

NPL 1.3% 1.5% 1.4% -10bp

CAR (

credit, market and operational risk

) 21.9% 23.1% 23.4% 30bp

Loans (Rp billion)

Loans Breakdown (Bank only, Rp billion)

Solid loan growth

Dec-16 Dec-17 Dec-18 YoY Change Corporate 154,872 177,277 213,356 20.4%

Commercial & SME 151,852 162,047 183,766 13.4%

Consumer 109,555 128,296 140,792 9.7%

Total Outstanding 416,279 467,620 537,914 15.0%

Total Facilities 575,057 655,682 740,027 12.9%

• The Bank’s loan portfolio grew 15.0% YoY to Rp538tn in December 2018

− Strong loan demand across corporate, commercial & SME segments in FY18

− Moderate consumer loan growth

• Total loan facilities increased 12.9% YoY

• Dec-18 loan utilization rate rose to 72.7%

from 71.3% in Dec-17

364,846 387,643

373,732 387,042 386,112

415,896 408,693

433,258 439,657

467,509 470,157

494,603 515,817 538,100

Sep-15 Dec-15 Mar-16 Jun-16 Sep-16 Dec-16 Mar-17 Jun-17 Sep-17 Dec-17 Mar-18 Jun-18 Sep-18 Dec-18

Mortgages grew moderated

Total Mortgage Portfolio (Bank only, Rp trillion)

(+12.0% YoY)

Mortgage Portfolio (Bank only)

Dec-16 Dec-17 Dec-18 Number of Customers Accounts 97,856 102,665 107,079 Total Outstanding (Rp billion) 63,959 78,466 87,901 Average Loan Outstanding (Rp million) 654 764 821

*

• Mortgages demand softened in 2018 as interest rates rose

• Mortgages remain key pillar of BCA’s consumer loan portfolio

− Mortgages comprised 62.4% of total consumer lending

• Innovative mortgage products support BCA’s leading market position

62.2 64.0 66.1

75.3

78.8 78.5 77.7

81.5

86.3 87.9

Sep-16 Dec-16 Mar-17 Jun-17 Sep-17 Dec-17 Mar-18 Jun-18 Sep-18 Dec-18

Dec-16 Dec-17 Dec-18

Current 404,385 453,953 520,654

Special Mention 6,442 6,722 9,666

Performing Loans 410,827 460,675 530,320

Substandard 535 1,987 1,678

Doubtful 523 686 1,185

Loss 4,394 4,272 4,731

NPL 5,452 6,945 7,594

Total Loans 416,279 467,620 537,914

NPL Ratio - gross 1.3% 1.5% 1.4%

NPL Ratio - net 0.3% 0.4% 0.4%

NPL and Loan Provision (Bank only, Rp billion) Loan Quality (Bank only, Rp billion)

Ample loan loss coverage

• Active monitoring of loan portfolio

• Special Mention category increased 43.8% YoY (on QoQ, declined 13.4%)

• Gross NPLs totaled 1.4%, well within the Bank’s risk appetite limit

• Loan loss reserves up 2.5% YoY to Rp13.6tn in December 2018

− Provision/NPL coverage of 178.7%

5,452 6,025 6,373 6,729 6,945 7,223 7,075 7,410 7,59412,505 12,250 12,511 12,842 13,243 13,261 13,283 13,856 13,568

229.4% 203.3% 196.3% 190.8% 190.7% 183.6% 187.8% 187.0% 178.7%

Dec-16 Mar-17 Jun-17 Sep-17 Dec-17 Mar-18 Jun-18 Sep-18 Dec-18

NPL Loan Provision Loan Provision/NPL

A leading transaction banking business

Mobile Banking Internet Banking

Branch Banking ATM

• Supported by 1,249 branches and 17,778 ATMs (of which 5,595 units are CRM) nationwide, internet banking and mobile banking

• Digital channels’ dominance in transaction banking continues to increase. 98% of transactions are digital. In-branch transactions account for 54% of transactions by value but only 2% by frequency

• Continuous innovation, recently launched online e-commerce payment ‘Oneklik’, QR-base peer to peer transfer and BCA Mobile smartphone keyboard

1,839.9 1,910.9 2,030.0

2,024.0 2,178.2 2,302.5

Dec-16 Dec-17 Dec-18

Number of Transactions (million) Transaction Value (Rp trillion)

1,704.6 2,040.4 2,263.3

6,801.4 7,693.8

9,107.1

Dec-16 Dec-17 Dec-18

Number of Transactions (million) Transaction Value (Rp trillion)

786.2 1,161.4

1,932.1 722.4

970.5

1,389.0

Dec-16 Dec-17 Dec-18

Number of Transactions (million) Transaction Value (Rp trillion)

169.7 159.6 156.3

14,610.7 14,130.8 14,866.1

Dec-16 Dec-17 Dec-18

Number of Transactions (million) Transaction Value (Rp trillion)

283,281 292,416 297,247 315,098 313,741 316,182 144,716 151,250 153,813 166,142 163,074 166,822

146,390 137,449 132,459 134,311 137,078 146,808

Sep-17 Dec-17 Mar-18 Jun-18 Sep-18 Dec-18

Savings Accounts Current Accounts Time Deposits

Third Party Funds (Rp billion)

Third Party Funds (as of 31 December 2018)

Solid funding franchise

574,387 581,115 583,519

• Preeminence in transaction banking supports CASA growth

− 19 million interconnected customer accounts benefit from the Bank’s growing and multi- channel transaction banking platform

• Total third party funds rose Rp48.7tn or 8.4% YoY to Rp629.8tn

− CASA grew Rp39.3tn or 8.9% YoY to

Rp483.0tn, accounting for 76.7% of total third party funds

− Time Deposits increased Rp9.4tn or 6.8% YoY to Rp146.8tn, driven largely by growth in 4Q18

• Strong liquidity with secondary reserves totaling Rp99.4tn or 15.8% of third party funds

615,551 613,893

Savings Accounts 50.2%

Current Accounts 26.5%

Time Deposits

23.3%

Rp629,812billion

629,812

2.15%

5.75%

5.25%

6.75%

6.50%

6.00%

5.25%

4.75%

4.00%

4.75%

5.50% 5.75%

1.70% 1.60% 1.55% 1.45% 1.35%

6.40%

5.90% 5.70%

5.20%

4.99% 4.59%

5.07%

5.65%

6.15% 6.40%

0%

4%

8%

Jan-16 Apr-16 Aug-16 Dec-16 Apr-17 Sep-17 Dec-17 Feb-18 Jun-18 Oct-18 Feb-19 8.74% 8.71% 8.58% 8.48%

8.12% 8.05% 7.98% 7.87%

7.57% 7.54% 7.54% 7.61%

7.04% 6.99% 6.88% 6.81%

6.32% 6.26% 6.19% 6.19% 6.06% 6.05% 6.07% 6.13%

2.06% 2.01% 1.98% 1.97% 2.05% 2.07% 2.09% 2.02% 1.75% 1.73% 1.77% 1.81%

1%

5%

9%

Jan-16 Jun-16 Sep-16 Dec-16 Mar-17 Jun-17 Sep-17 Dec-17 Mar-18 Jun-18 Sep-18 Dec-18

Stable net interest margin

NIM, Yield and Cost of Funds (Bank only)

Interest Rate*

Yield

NIM

CoF

1M SBI / BI Term Deposits 1M Rupiah Time Deposits

Rupiah Current Accounts Savings

* Maximum interest rate offered

NIM (ytd,%, Bank only)

Dec-18

2.09 2.02 1.75 1.73 1.77 1.81

7.98 7.87 7.57 7.54 7.54 7.61

6.19 6.19 6.06 6.05 6.07 6.13

Sep-17 Dec-17 Mar-18 Jun-18 Sep-18 Dec-18 Earning Assets Yield Cost of Funds NIM

• Earning assets yield and NIM well supported

• Time deposit rates up 175 bps through 2018

− Cost of funds slightly increased QoQ

10,388 11,998 4,738

5,702

Dec-17 Dec-18

MTM & Trading Gains, Forex and Others Fees and Commissions 56,984

63,036

31,792 35,383

23,310 25,855

Dec-17 Dec-18

Sustained profitability

Profitability (Rp billion)

Non Interest Income (Rp billion)

Net Interest Income

Net Profit

Profit before Provisions and Tax Non Interest Income

15,126 17,700

41,858

45,336

15,126

17,700

• Combined Net Interest Income and Non Interest Income grew 10.6% YoY to Rp63.0tn

− Net Interest Income increased 8.3% YoY to Rp45.3tn while Non Interest Income grew 17.0% YoY to Rp17.7tn

• Bank-only Cost to Income Ratio of 44.3%

• Consolidated Net Profit up 10.9% YoY to Rp25.9tn

− Bank-only Net Profit up 11.5% YoY to

Rp24.7tn

Quality growth through enhanced relationship

• Automate, simplify operational and administration procedures

• Continue developing digital solutions

• Optimize existing human resources, infrastructure and logistics

• Maintain and enhance the quality of:

− Loan portfolio

− Banking operations

− Products and services

• Expand transaction banking presence

• Promote a well balanced and diversified loan portfolio

• Strengthen subsidiaries’ businesses

• Deepen customer relationships

Growth Growth

Growth Quality

Growth

Efficiency

Macroeconomic Environment Performance Overview

Financial Review

Agenda

Balance sheet summary

(Rp billion) Sep-17 Dec-17 Mar-18 Jun-18 Sep-18 Dec-18 YOY

Change

Total Assets 739,883 750,320 759,851 791,730 798,966 824,788 9.9%

Secondary Reserves 137,424 109,682 122,993 129,819 114,803 99,380 -9.4%

SBI & Other Placement in BI 39,123 49,826 77,187 72,202 56,852 42,745 -14.2%

Government Bonds (≤ 1 year) 22,468 24,778 6,921 18,014 18,461 15,614 -37.0%

Others* 75,833 35,078 38,885 39,603 39,490 41,021 16.9%

Loans 439,657 467,509 470,157 494,603 515,817 538,100 15.1%

Government Bonds (> 1 year) 42,574 45,843 43,047 35,138 41,389 42,701 -6.9%

Marketable Securities 18,756 21,273 22,835 22,509 26,899 27,143 27.6%

Impairment on financial assets (14,535) (14,634) (14,634) (14,172) (14,788) (14,449) -1.3%

Third Party Funds 574,387 581,115 583,519 615,551 613,893 629,812 8.4%

Current Accounts 144,716 151,250 153,813 166,142 163,074 166,822 10.3%

Savings 283,281 292,416 297,247 315,098 313,741 316,182 8.1%

Time Deposits 146,390 137,449 132,459 134,311 137,078 146,808 6.8%

Equity 127,548 131,402 136,453 136,845 143,705 151,753 15.5%

Exchange Rate – Rp/USD 13,472 13,568 13,768 14,330 14,903 14,380 6.0%

* Including Placement with other banks (< 3 months), claim on sec. bought under reverse repo (≤ 1 year), mutual funds, current account with other banks, and US Treasury bonds

(Rp billion) Sep-17 Dec-17 Mar-18 Jun-18 Sep-18 Dec-18 YOY

Change

Total Assets 739,883 750,320 759,851 791,730 798,966 824,788 9.9%

Secondary Reserves 136.424 106.837 121.845 127.867 110.339 97.591 -8.7%

SBI & Other Placement in BI 39,611 49,826 77,187 72,202 56,852 42,745 -14.2%

Government Bonds (< 1 year) 24.325 23.525 6.901 16.135 16.515 14.746 -37.3%

Others* 72.488 33.486 37.757 39.530 36.972 40.100 19.8%

Loans 439,657 467,509 470,157 494,603 515,817 538,100 15.1%

Government Bonds 40,718 47,096 43,067 37,017 43,335 43,569 -7.5%

Marketable Securities 19,726 22,257 22,835 22,509 28,195 28,038 26.0%

Impairment on financial assets (14,535) (14,634) (14,634) (14,172) (14,788) (14,449) -1.3%

Third Party Funds 574,387 581,115 583,519 615,551 613,893 629,812 8.4%

Current Accounts 144,716 151,250 153,813 166,142 163,074 166,822 10.3%

Savings 283,281 292,416 297,247 315,098 313,741 316,182 8.1%

Time Deposits 146,390 137,449 132,459 134,311 137,078 146,808 6.8%

Equity 127,548 131,402 136,453 136,845 143,705 151,753 15.5%

Exchange Rate – Rp/USD 13,472 13,568 13,768 14,330 14,903 14,380 6.0%

Income statement summary

(Rp billion) 1Q-18 2Q-18 3Q-18 4Q-18 FY-17 FY-18 YOY

Change Net Interest Income 10,781 11,002 11,576 11,977 41,858 45,336 8.3%

Non Interest Income 3,896 3,823 4,857 5,124 15,126 17,700 17.0%

Fees and commissions 2,670 2,847 3,093 3,388 10,388 11,998 15.5%

Gain on spot & derivative (realized) – net 34 (45) (41) 188 769 136 -82.3%

Mark to market on financial assets – net 340 265 845 536 306 1,986 549.0%

Gain on sale of financial assets – net 204 9 225 202 697 640 -8.2%

Others 648 747 735 810 2,966 2,940 -0.9%

Operational Expenses (7,598) (6,750) (6,528) (6,777) (25,192) (27,653) 9.8%

Personnel Expenses (4,376) (3,144) (2,072) (2,215) (11,037) (11,807) 7.0%

Other Expenses (3,222) (3,606) (4,456) (4,562) (14,155) (15,846) 11.9%

Profit before Provisions and Tax 7,079 8,075 9,905 10,324 31,792 35,383 11.3%

Provision (188) (638) (921) (930) (2,633) (2,677) 1.7%

Pre-Tax Profit 6,891 7,437 8,984 9,394 29,159 32,706 12.2%

Net Profit 5,508 5,913 7,087 7,347 23,310 25,855 10.9%

(Bank only, %) Sep-17 Dec-17 Mar-18 Jun-18 Sep-18 Dec-18

ROA 3.8 3.9 3.4 3.6 3.9 4.0

ROE 19.1 19.2 16.1 17.3 18.4 18.8

NIM 6.2 6.2 6.1 6.0 6.1 6.1

CAR 23.6 23.1 23.6 22.8 23.2 23.4

CET 1 22.7 22.1 22.7 21.9 22.2 22.4

LFR 74.7 78.2 77.9 77.0 80.9 81.6

Cost to Income Ratio * 45.0 44.4 53.2 48.3 45.5 44.3

BOPO** 59.9 58.6 63.3 62.1 60.2 58.2

NPL Ratio - gross 1.5 1.5 1.5 1.4 1.4 1.4 NPL Ratio - net 0.4 0.4 0.5 0.4 0.4 0.4

Coverage ratio 190.8 190.7 183.6 187.8 187.0 178.7

NOP 0.2 0.5 0.2 0.3 0.2 0.5

Sep-17 Dec-17 Mar-18 Jun-18 Sep-18 Dec-18

EPS – year to date (Rp)*** 683 945 223 463 751 1,049

Book Value/Share (Rp) 5,164 5,326 5,531 5,546 5,825 6,151

Financial ratios

* Cost to Income Ratio = operational expenses to net interest income and non interest income

** BOPO = Cost to income ratio based on regulatory reporting guidelines which is all expenses (operating expenses included interest expenses and provision for assets losses) to all revenues (operational income included interest income and reversal of provision for assets losses)

Diversified earning assets composition

Interest Income Contribution

Rp734,401 billion

Earning Assets Composition (as of 31 December 2018)

Government Bonds and Loans Profile (as of 31 December 2018)

Variable Rate 74.1%

Fixed Rate 25.9%

7.1% 7.2% 7.1% 6.7% 6.4% 6.0%

8.3% 8.4% 7.3% 6.8% 6.8% 6.9%

81.2% 81.0% 82.0% 82.8% 82.7% 82.9%

3.4% 3.4% 3.6% 3.7% 4.1% 4.2%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Sep-17 Dec-17 Mar-18 Jun-18 Sep-18 Dec-18 Marketable Securities & Others Loans & Consumer Financing Government Bonds Placement with BI & Other Banks*

Loans &

Consumer Financing

75.1%

Placement with BI &

Other Bank*

8.5% Government Bonds

7.9%

Marketable Securities &

Others 8.5%

* Including SBI, SDBI, SBBI, BI Deposit Facility and claim on sec. bought under reverse repo

Breakdown of earning assets yield

Bank Only

Dec-17 Dec-18

Balance (Rp billion)

Yield (%)

Balance (Rp billion)

Yield (%)

SBI, SDBI & SBBI

¹⁾

40,415 4.63% 21,405

(-47.0% YoY)

3.82%

Other Placement with BI

²⁾

8,985 2.28% 20,524

(128.4% YoY)

2.58%

Claim on Sec. Bought Under Reverse Repo 8,730 5.19% 9,182

(5.2% YoY)

5.50%

Loans 467,620 9.38% 537,914

(+15.0% YoY)

8.84%

Government Bonds 69,945 6.80% 57,518

(-17.8% YoY)

6.91%

Dec-16 Balance (Rp billion)

Yield (%) 24,207

26,617 7,737 2,196

60,757

4.59%

26,325

5.28%

416,279

10.19% 66,050 6.60%

1) Include Repo

2) Exclude Current Account with BI

Balanced loan portfolio

Loan Portfolio (Bank only, Rp billion)

Outstanding Loans by Currency (as of 31 December 2018) Loans Breakdown (Bank only, Rp billion)

439,884

467,620

Dec-16 Dec-17 Dec-18 YoY Change Corporate 154,872 177,277 213,356 20.4%

Commercial & SME 151,852 162,047 183,766 13.4%

Consumer 109,555 128,296 140,792 9.7%

Total Outstanding 416,279 467,620 537,914 15.0%

Total Facilities 575,057 655,682 740,027 12.9%

470,052

494,420

IDR 94.0%

Forex 6.0%

515,563

537,914

36.7% 37.9% 38.2% 38.7% 38.6% 39.7%

34.1%

34.7% 34.2% 34.0% 34.2%

34.1%

29.2%

27.4% 27.6%

27.3%

27.2%

26.2%

Sep-17 Dec-17 Mar-18 Jun-18 Sep-18 Dec-18 Consumer

Commercial & SME

Corporate

61.4% 61.2% 59.9% 60.3% 61.6% 62.4%

30.0% 29.8% 31.0% 30.6% 29.7% 28.4%

8.6% 9.0% 9.1% 9.1% 8.7% 9.2%

Sep-17 Dec-17 Mar-18 Jun-18 Sep-18 Dec-18

Credit Cards Vehicles Mortgage

Moderate consumer loan growth

Consumer Loans (Bank only, Rp billion) Consumer Loans

(Bank only + vehicle loans booked by BCA Subsidiaries, Rp billion)

* Including 2 wheeler financing of Rp3.9tn in Dec-16, Rp2.6tn in Dec-17 and Rp2,1tn in Dec-18

** Including 2 wheeler financing of Rp1.8tn in Dec-16, Rp1.8tn in Dec-17 and Rp1.3tn in Dec-18

128,332 128,296 129,706

Dec-16 Dec-17 Dec-18 YoY Change

Mortgage 63,959 78,466 87,901 12.0%

Vehicles* 34,817 38,302 39,998 4.4%

Credit Cards 10,779 11,528 12,893 11.8%

Total 109,555 128,296 140,792 9.7%

Vehicle loans booked by BCA Finance &

CS Finance**

8,507 8,885 7,978 -10.2%

Grand Total 118,062 137,181 148,771 8.4%

135,144 139,934 140,792

Sectors Dec-16 Dec-17 Dec-18

1. Financial Services 4.1% 5.6% 8.0%

2. Plantation and Agriculture 7.1% 7.9% 7.5%

3. Building Material and Other Construction Related 7.5% 6.8% 6.7%

4. Distributor, Wholesaler and Retailer 6.8% 7.6% 6.6%

5. Properties and Construction 4.8% 5.0% 5.2%

6. Automotive and Transportation 5.6% 5.7% 5.0%

7. Food and Beverages 5.3% 4.9% 4.5%

8. Textile and Garment 4.7% 4.5% 4.5%

9. Chemicals and Plastics 5.5% 4.4% 4.2%

10. Transportation & Logistic 5.0% 4.1% 3.7%

Total 56.4% 56.5% 55.9%

Diversified industry concentration

Top Ten Industry Sectors in Corporate, Commercial and SME

Note: BCA refined the classification of loan exposure on industry sectors. Data as of Dec-16 and Dec-17 were adjusted for comparison purpose

NPL maintained at a low level

NPL by Loan Segments (bank only, %) NPL by Consumer Loans (bank only, %)

1.0%

3.0%

0.6%

1.9%

1.3%

3.4%

0.9%

2.0%

1.1%

3.1%

0.9%

1.9%

Mortgage 2 Wheeler 4 Wheeler Credit Card Dec-17

Sep-18 Dec-18

1.4%

1.9%

1.0% 1.0%

2.0%

1.3% 1.3%

1.6%

1.2%

Corporate Commercial & SME Consumer Dec-17

Sep-18

Dec-18

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

14.0%

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

14.0%

Active management of third party funds

Interest Rate Adjustments*

Third Party Funds & Cost of Funds (Bank only, Rp billion)

9.50

1 Month Rupiah Time Deposits

Savings Rupiah Current Accounts

8.50

4.00

2.50

13.00

5.00 4.75

4.00

12.00

6.50 6.00

8.50

6.25

2.25

1.70

5.75

3.00

5.50

2.15

6.25

3.50

2.20

4.50

3.50

9.25

5.75

* Maximum interest rate offered

1.90

8.00 7.50

7.00

7.00 6.75

28 3, 28 1 29 2, 41 6 29 7, 24 7 31 5, 09 8 31 3, 74 1 31 6, 18 2

14 4, 75 5 15 1, 28 8 15 3, 85 4 16 6, 26 6 16 3, 14 1 16 6, 86 8

14 6, 43 5 13 7, 47 9 13 2, 51 4 13 4, 36 6 13 7, 08 6 14 7, 04 5

2.09% 2.02%

1.75% 1.73% 1.77% 1.81%

Sep-17 Dec-17 Mar-18 Jun-18 Sep-18 Dec-18 Time Deposits Current Accounts

Savings Accounts Cost of Funds

5.25 4.00

5.75

1.35

Cost to income ratio

Quarterly Operating Income & Expense (Rp billion) and YTD Cost to Income Ratio (%)

Quarterly Breakdown of Operating Expenses (Rp billion)

2,110 2,063

4,376

3,144

2,072 2,215

3,430 4,342

3,222 3,606

4,456 4,562

3Q-17 4Q-17 1Q-18 2Q-18 3Q-18 4Q-18

Personnel Expenses Other Expenses

14,302 15,261 14,677 14,825 16,433 17,101

5,540 6,405 7,598

6,750 6,528 6,777

45.0% 44.4%

53.2%

48.3%

45.5% 44.3%

3Q-17 4Q-17 1Q-18 2Q-18 3Q-18 4Q-18

Operating Income Operating Expense

YTD Cost to Income Ratio (Bank only)

Thank you

Appendix

Government bonds profile

Maturity Government Bond Maturity

(Bank only, Rp billion)

Nominal Value as of 31 December 2018

(Rp bn) 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2032 2036 2037 2038 2048 Total

Trading 7 21 7 27 2 41 3 2 3 16 10 3 1 0 1 7 151 Available for Sale 15,168 10,741 8,989 7,270 3,037 100 - 100 - - - - 45,405 Investment 461 8,475 3,209 10 - 43 - - - - 12,198

Total 15,636 19,237 12,205 7,307 3,039 184 3 102 3 16 10 3 1 0 1 7 57,754

15.636

19.237

12.205

7.307

3.039

184 3 102 3 16 10 3 1 0 1 7

- - - - - - - - - - - - - - - -

2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2032 2036 2037 2038 2048 Fixed Rate [Rp 57,754 billion (100.0%)]

Variable Rate [Rp 0 billion (0.0%)]

Business lines Subsidiaries Business overview

Vehicle Financing

• One of the largest 4-wheeler financing companies in Indonesia

• Offering attractive products with competitive interest rates through a joint financing scheme with BCA

• Maintaining a quality loan portfolio through prudent lending policies and by focusing on financing popular car models

• Multi-finance company engaged in 2-wheeler financing through joint financing with BCA

• Enhancing the risk management infrastructure and pursuing prudent marketing strategies

Insurance

• Expanding general insurance presence by offering insurance products to BCA’s consumer finance customers

• Setting up a solid base for providing life insurance products to BCA’s diversified customer base

Securities ^• Building a solid securities business by focusing on wholesale underwriting and retail brokerage

• Leader in the fixed income underwriting market

Sharia Banking ^• Offering Sharia banking products to a growing market

• Became a BUKU II category Sharia bank in 2015

Remittance ^• Enhancing cross-border remittance business

• BCA’s trade finance representative in Hong Kong

Venture Capital

• A venture capital company that invests in and collaborates with fin-tech companies as well as support companies in the financial industry that will enhance the overall financial service ecosystem of BCA and its subsidiaries

(acquired: 2010)

BCA maintains 8 subsidiaries in 6 business lines

(acquired: 2001)

(established: 2010)

(acquired: 2009)

(acquired: 1996) (acquired: 2011) (established: 2013)

(established: 2017)

Description Rating

Outlook Stable

Bank Deposits Baa2 / P-2

Baseline Credit Assessment baa2 Adjusted Baseline Credit Assessment baa2 Counterparty Risk Assessment Baa1(cr) /

P-2(cr)

Issuer Rating Baa2

BCA credit ratings

Moody’s

Published on December 2018

Fitch Ratings

Published on June 2018

Description Rating

Outlook Stable

Local long term rating AAA (idn) Issuer default – long term rating BBB Issuer default – short term rating F3

Support rating 3

BCA share performance

Number of Shares

Ownership Percentage PT Dwimuria Investama Andalan

^*

13,545,990,000 54.94%

Anthoni Salim 434,079,976 1.76%

Public

^**

10,674,940,024 43.30%

Total 24,655,010,000 100.00%

BCA Shareholding Structure (as of 31 December 2018)

BCA Share Performance vs IDX

(28 December 2007 to 26 February 2019) BCA IDX

Relative Performance

Note:

* Shareholder of PT Dwimuria Investama Andalan are Mr. Robert Budi Hartono and Mr. Bambang Hartono, therefore ultimate shareholder of BCA are Mr. Robert Budi Hartono and Mr. Bambang Hartono.

** In the composition of Shares held by the public, 2.49% of the shares are owned by parties affiliated with PT Dwimuria Investama Andalan.

-65%

35%

135%

235%

335%

435%

535%

635%

735%

Jan-08 Feb-09 Mar-10 May-11 Jun-12 Jul-13 Sep-14 Oct-15 Nov-16 Jan-18 Feb-19 BCA

IDX

- 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000

- 4,000 8,000 12,000 16,000 20,000 24,000 28,000 32,000

Jan-08 Feb-09 Mar-10 May-11 Jun-12 Jul-13 Sep-14 Oct-15 Nov-16 Jan-18 Feb-19 BCA

IDX (RHS)

BCA winning awards - 2018

Association Otherways Management & Consulting

France

• Officially Stated That PT Bank Central Asia Tbk Has been Accredited to Resceive T.Q.M Total Quality Management Aptitude Seal for High Quality Performance and Best Customer Satisfaction

• PT Bank Central Asia Tbk has been Selected to Receive “The Platinum Technology award for Quality and Best Trade Name

ASEAN Business Advisory Council

ASEAN Business Awards 2018 BCA as ASEAN Winner - Priority Integration Sector Finance

Bank Indonesia

Bank Indonesia Award 2018

• Bank Pendukung Pendalaman Pasar Keuangan Terbaik

• Bank Pendukung

Pengendalian Moneter Rupiah dan Valas Terbaik

Excellent Growth Bisnis Indonesia Award 2018 BCA – for Category Commercial Private Bank

Bisnis Indonesia Euromoney

Euromoney Awards for Excellence 2018

BCA – The Best Bank in Indonesia

FinanceAsia

FinanceAsia Country Awards for Achievement 2018

• Best Asian Bank

• Best Bank in Indonesia

Forbes Indonesia Magazine

Best of the Best Awards 2018 BCA – One of the Top 50 Companies for 2018

Frontier Consulting Group

& Marketing Magazine

Corporate Image Award 2018 BCA – The Best in Building and Managing Corporate Image for National Bank with category Assets > Rp500 trillion

20^th Innovate for the Nation

• Investor Fund Account Administrator (RDN) Bank with The Largest Number of Clients

• Issuer with The Highest Value of Scriptless Securities

Indonesia Central Securities Depository

Indonesia Financial Services Authority (OJK)

Simple Award 2018

BCA – PUJK terkoorperatif dalam Melakukan Upaya Perlindungan Konsumen

BCA winning awards - 2018

Indonesia Institute for Corporate Directorship

(IICD)

The 10^th IICD Corporate Governance Conference &

Award

• Top 50 The Biggest Market Capitalization Public Listed Companies

• Best Right Shareholders

Infobank

Infobank Digital Brand Awards 2018

For Conventional Bank Category:

• 1^st rank – Digital Brand: Debit Card, Time Deposits, KKB, Kartu Kredit, E-Money, Wealth Management & Tabungan

• 2nd rank – Digital Brand: Credit Card & Wealth Management

• 3rd rank – Digital Brand:

Tabungan

• The Best Digital Brand 2013- 2017: Debit Card, Time Deposits, KKB, Kartu Kredit, Wealth Management & Tabungan

Infobank & Marketing Research Indonesia

Satisfaction Loyalty Engagement Awards 2018

• Overall (1^st place)

• Engagement, Experience & Net Promotor Score(1^st place)

• (2^nd place) Satisfaction - overall

• (1^st place) Satisfaction for:

Cust. Service, Teller, Satpam

• (3^rd place) Satisfaction for:

ATM

• (3^rd place) Satisfaction for:

Loyalty Infobank & Marketing

Research Indonesia

Banking Service Excellence Awards 2018

For Category Commercial Bank

• Best Mobile Banking (1^st place)

• Best Digital Branch (1^st place)

• Best Opening Account Mobile Application (2^nd place)

• Best CRM (3^rd place)

• Best Overall Performance (5^th place)

Investor Magazine

Investor Award 2018 BCA – Top Performing Listed Companies 2018 for Market Capitalization > Rp10 trillion

Investor Magazine &

Berita Satu – Media Holding

Investor Best Bank 2018 The Best Bank in Indonesia for Commercial Bank Category with Capital> Rp30 trillion

Markplus.Inc, Krista Media & InTouch

Mobile DNA 2018 mBCA – Awarded as Bronze Winner in Category Digital Banking Application

BFG Club

BCA – Recognizes as a Brand for Good Club Member 2018 Markplus.Inc

Indonesia WOW Brand Award 2018

• Gold Champion Category Credit Card, Mobile Banking, Internet Banking, Electronic Money & ATM

• Silver Champion Category Saving Account

• Bronze Champion Category Mortgage

Markplus.Inc Markplus Inc. & Nikkei BP Consulting Inc.

Brand Asia 2018

BCA – received Gold Champion in Category Banking.

in acknowledgement of distinguished and prestigious achievement in building brand in Asia

BCA winning awards - 2018

Ministry of Finance

Taxpayer’s Awards and Appreciation 2017

BCA – For the Contribution in Tax Receipts in 2017

Ministry of Finance

• The Best Retail Sales Agent 2017

• The Best Sales Agent ‘Surat Berharga Syariah Negara’

2018

MillwardBrown & WPP

BrandZ Top 50 Most Valuable Indonesian Brands 2018

• BCA recognized as the Most Valuable Brand in Indonesia (1^st rank)

• Mr. Santoso in Recognition of Valued Participation as Guest Speaker

MIX Marketing Communication & SWA

Magazine

Indonesian PR of The Year 2018 BCA – Corporate Secretary Team of The Year

Museum Rekor Dunia Indonesia (MURI)

BCA – Received the award for Donating the Most Amount of Books to Elementary School Students

Obsession Media Group

Women’s Obsession Awards 2018

• Lianawaty Suwono – Best Achiever in Women Professionals

• BCA – Best Achiever in Company

Rintis Sejahtera (Prima)

BCA – as The Best Ratio Performance in Category Cash Withdrawal

Serikat Perusahaan Pers (SPS)

The 7^th SPS Indonesia Inhouse Magazine Awards (InMA) 2018

• InfoBCA – The Best of Private Company

• InfoBCA E Magazine – The Best of E-Magazine Private Company

Contact Center Service Excellence Award 2018 Banking Category:

• Halo BCA – Customer Service Email Centers, Twitter & Fb Priority Banking Category :

• Halo BCA Prioritas Halo BCA – for call center category in services of:

• Regular banking, platinum credit card, regular credit card, personal loan, EDC, mortgage, Sharia banking, life & health insurance &

automotive financing Service Excellence Magazine

& Care – CCSL

Service Excellence Magazine & Carre CCSL

Service Quality Award 2018

• Priority Banking

• Regular Banking

• Corporate Banking

• Gold Credit Card

• Silver Credit Card

• Platinum Credit Card

• Syaria Banking

• Automotive Financing

BCA winning awards - 2018

SWA Magazine, Brand Finance & WIR Global

Indonesia’s Most Valueable Brands 2018

BCA – Is ranked 4th In Most Valuable Indonesian Brands 2018 with a US$ 2.349 million Brand Value & AAA Brand Rating

SWA Magazine & Lembaga Manajemen FE UI

HR Excellence Award 2018 is Awarded to BCA that has attained Rating A for Categories:

• Retention Strategy

• Learning & Development Strategy

• Recruitment Strategy

SWA Magazine &

Stern Value Management

SWA 100: Indonesia’s Best Wealth Creators 2018

• Indonesia Best Overall Public Companies (3^rd Place)

• ASEAN Best Overall Public Companies (4^th Place)

• Indonesia Best Public Companies – Banks (2^nd Place)

• ASEAN Best Public Companies – Banks (3^rd Place)

SWA Magazine

Indonesia Living Legend Companies 2018

BCA – as The Indonesian Living Legend Companies Since 1957

SWA Magazine &

Dunamis

Leadership Awards 2018

• Jahja Setiaatmadja – Best CEO 2018 Based on Employee Choice (1^st rank)

• Jahja Setiaatmadja – Best CFO 2018 In recognition of His Contributions as The Speaker at Leadership Forum

SWA Magazine & The Indonesian Institute for Corporate Governance (IICG)

Indonesia Good Corporate Governance (IGCG) Award 2018

• Most Trusted Company based on Investor and Analyst Assessment Survey.

• Most Trusted Company based on Corporate Governance Perception Index (CGPI)

Mitra Channel Award 2017 BCA – 2^nd Best Performance Channel Banking

Telkomsel Tempo Media Group

Country Contributor Award 2018

BCA – Received the award

Tempo Media Group &

Indonesia Banking School

Indonesia Banking Award 2018

• Best Parenting Bank

• Most Reliable Bank

• Most Efficient Bank

TRAS n CO Indonesia, INFO BRAND & IMFocus

Digital Popular Brand Award 2018

Is Awarded to BCA – for Catergories:

• Kartu Kredit, Kartu Repaid, Internet Banking, Mobile Banking, Leasing Mobil, Call Center & Deposito in Recognition of Building a Popular Brand Based On Search Engine, Social Media and Website Based

BCA winning awards - 2018

Top 100 Enterprises 2018 BCA – Best in Financial Industry

Warta Ekonomi Magazine Warta Ekonomi Magazine

Indonesia 3^rd Digital Innovation Award for Banking 2018 BCA – Innovative Company in Digital Transaction and Customer Services for Category:

National Private Foreign- Exchange Commercial Bank Warta Ekonomi Magazine

Indonesia Most Admired Company Award 2018

• BCA - Top 5 Indonesia Most Admired Companies 2018 in Bank Category

Warta Ekonomi Magazine

Indonesia Corporate Secretary Award 2018

BCA as Top 10 GCG Issues in Banking Sector

Warta Ekonomi Magazine

3^rd Indonesia Best Banking Award 2018

BCA – Bank with “Healthy”

Predicate in Category BUKU 4 with Assets > Rp500 trillion

Warta Ekonomi Magazine

Indonesia Most Admired CEO 2018

Jahja Setiaatmadja – Most Admired CEO 2018 – Excellent Leadership for Transformation of Digital Banking

Warta Ekonomi Magazine

3 Indonesia Best Public Companies Awards 2018 BCA – Indonesia Excellent Public Company 2018 for Category Finance

Warta Ekonomi Magazine

Social Business Innovation &

Green CEO Awards 2018

•BCA – as TOP 5 Social Business Innovation Company

•Jahja Setiaatmadja – CEO of BCA