Bank Central Asia (BBCA) plans to acquire 2 bank this year for un-organic growth. It allocates Rp4.5 trillion for unorganic growth this year including for injecting funds to subsidiaries such as BCA Life. BBCA booked net profit of Rp5 trillion in first quarter (Q1) this year, grew 10.7% from Rp4.51 trillion in Q1 last year. Net interest income increased 3.1% to Rp10.07 trillion and lending grew 9.4% to Rp408.69 trillion.
