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Fitch affirms BCA Finance's ratings

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Fitch affirms BCA Finance's ratings

Fitch Ratings affirmed BCA Finance Ltd.'s national long-term rating atAAA(idn), with a stable outlook.

The rating agency said May 3 that it also affirmed thecompany's national short-term rating at F1+(idn).

The affirmation reflects Fitch's assessment of the continuedstrong support for the company from its shareholder, .

A downgrade of BCA Finance's ratings could result from anysignificant dilution in Bank Central Asia's ownership or perceived weakening ofsupport, but Fitch believes this is unlikely given BCA Finance's core role inthe bank's consumer business strategy. Fitch noted that there is no ratingupside as BCA Finance's rating is already at the top end of the scale.