HOW WILL the BCA price be determined? Up to now, it is expected that the sale of the 51 percent of shares in BCA will only be able to bring in around Rp5 trillion. This is based on 1.1 times BCA’s book value or Rp1,700 per share.

There are in fact many ways of calculating what the value of a bank is. In addition to book value, this can also be calculated based on assets, profit against share price and also deposits. Usually, the market in