BCA was first founded on 21 February 1957 as Bank Central Asia NV. As a transactional bank, BCA provides a wide array of services to meet specific needs of their customers.
VISION
To be the bank of choice and a major pillar of the Indonesian economy
MISSION
• To build centers of excellence in payment settlements and financial solutions for businesses and individuals
• To understand diverse customer needs and provide the right financial services to optimize customer satisfaction
• To enhance our corporate franchise and stakeholders value
BCA PRODUCT AND SERVICE
| Types | Name of Products or Services |
| Deposit Accounts | TAHAPAN savings, TAPRES savings, Demand Deposit, Time Deposit, CD. |
| Credit Cards | BCA Card, BCA Master Card, BCA Visa, BCA JCB |
| Electronic facilities | ATM BCA, DebitBCA, TunaiBCA, KlikBCA Internet Banking, m-BCA mobile banking, BCA Link,Call Center |
| Banking Services | Safe Deposit Box (SDB), fund transfer, travelers cheques, clearing, foreign currency. |
| Loans | KPR (mortgage), KKB (vehicle loan), capital loan, syndicated loan, export credit, trust receipt. |
| Bank Guarantee | Bid bond, payment bond, advance payment bond, performance bond, and Import Duty Exemption and Refund Center. |
| Export-import Facilities | LC, negotiation, bill discounting, documentary collections, bankers’ acceptance. |
| Foreign Exchange Facilities | Spot, forward, swap and other derivative products. |
ANALYSIS
Calculating the average return (or arithmetic mean) of BCA stock over a given number of periods will generate an expected return on the asset. Standard deviation is a representation of the risk associated with a given security (stocks), or the risk of a portfolio of securities (actively managed mutual funds, index mutual funds, or ETFs). Risk is an important factor in determining how to efficiently manage a portfolio of investments because it determines the variation in returns on the asset and/or portfolio and gives investors a mathematical basis for investment decisions (known as mean-variance optimization). These calculations above direct the BCA in calculating the beta that has the means of the tendency of a security’s returns to respond to swings in the market. BCA stock return has beta lower than 1 which is 0,285522521. It means that the BCA stock price will be more volatile than the market.
EVA, ROE and ROA influence stock return of the banking sector whose stocks are traded in the market. EVA is superior to ROE and ROA in affecting the stock return. Companies in the banking sector need to do efficiency in cost of capital or selecting a optimal capital structure and optimize the assets owned in order to suppress the cost of capital as low as possible which at the end will give positive impact on EVA, ROE and ROA of the firm. EVA could create a better corporate culture by building a mindset of managers that they have to realize and sensitive continuously creating value for the company.
The stock market fluctuation will be caused by, First, the co-movements in the stock markets may take place when financial markets are highly integrated so that shocks to the larger country are transmitted to the smaller one via asset-trading. Second is the trade partners and bilateral or multilateral trade arrangements that enhance the possibilities of international shocks. Third is the role of technological factors on economic growth. Due to these factors, economic growth of a country is affected by the economic growth of its neighbors and vice versa. Fourth is that spillovers or contagious crisis may occur for institutional reasons. Fifth, investors’ sentiments can generate self-fulfilling crises if foreign investors do not discriminate among different macroeconomic fundamentals across countries and, finally, contagion may occur because of the way market participants interpret possible co-movement in macroeconomic policies and fundamentals in the economies subject to attack.
In BCG Matrix analysis, the categorization of Stars, high growth, high market share, included deposit accounts that direct the customers to have credit card, electronic facility type with higher ATM transactions, and the most highest market share and growth is on the loan, mortgage. In these types of product, BCA gains high profit, and it shows that in these types of products, BCA has high market share and the growth of these products are very rapid.
The type of cash cow has broad involvement on the banking services, in the area of safe deposit box (SDB), fund transfer, travelers cheques, clearing, foreign currency. If these types of product analyst detail, the market share of product actually has a high position but in the growth, these types of product didn’t find higher than the other, because the customer will analyst these type of investment in the term of the risk. The customer actually consider to the risk before they invest their money to the bank.
Export-import facilities and foreign exchange include in question mark because it will be found that high growth but low market share. These products in the question marks will simply absorb great amounts of cash. If view from the positive side, question marks are growing rapidly and thus consume large amounts of cash, but because they have low market shares they do not generate much cash. The result is large net cash consumptions.
BCA has doing a good analysis and operation in the term of their product life cycle. The product that includes in dogs which is has low growth and low market share didn’t find in this operation or on the other word, BCA has give effort to avoid this condition. With avoid this condition, it means the products of BCA actually has good prospect in the investment and also the future return.
