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PT Bank Central Asia Tbk, commonly known as Bank Central Asia (BCA) is an Indonesian bank founded on 21 February 1957. It is the largest private bank in Indonesia with assets amounting to Rp 5.529,83 trillion (US$308,5 billion) as of 2022. [2] It is currently headquartered at BCA Tower in Jakarta.
BCA was founded in 1949 by A. Hamilton Bolton in Montreal, Quebec, Canada. Bolton was known for his work on the Elliot Wave Theory, [5] and he published Money and Investment Profits, a book on investments and the business cycle, [6] just prior to his death in 1967. He was succeeded by J. Anthony Boeckh, who led the company from 1968 to 2001.
A modern financial system may include banks (public sector or private sector), financial markets, financial instruments, and financial services. Financial systems allow funds to be allocated, invested, or moved between economic sectors, and they enable individuals and companies to share the associated risks.
The Journal of Banking and Finance is a peer-reviewed academic journal covering research on financial institutions, capital markets, and topics in investments and corporate finance. In 1989, the journal absorbed Studies in Banking & Finance. A 2011 study ranked it among six elite finance journals.
The COVID-19 pandemic in Indonesia is part of the worldwide pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2).
The main elements of Japan's financial system are much the same as those of other major industrialized nations: a commercial banking system, which accepts deposits, extends loans to businesses, and deals in foreign exchange; specialized government-owned financial institutions, which fund various sectors of the domestic economy; securities companies, which provide brokerage services, underwrite ...