Dapen BCA Clarifies Deposit Placement Practices

Denial of Special Interest Rates

Dapen BCA, the pension fund of Bank Central Asia, has issued a clear statement denying allegations of receiving special interest rates on their deposit placements. According to Direktur Utama Budi Sutrisno, all fund placements are conducted based on the best available market rates offered by banking institutions.

Transparent Fund Management

The pension fund emphasized that their investment practices are guided by prudent financial management principles. Sutrisno explained that Dapen BCA's approach to deposit placement is consistent with industry best practices, focusing on achieving optimal returns while maintaining liquidity and security.

Market Context and Implications

This clarification comes at a time when there is increased scrutiny of financial institutions' practices regarding large deposit placements and potential preferential treatment. The statement from Dapen BCA aims to provide transparency regarding their investment strategies and reinforce confidence in their financial management practices.