Indonesia's BCA explores strategic options for life insurance unit

Indonesia's BCA explores strategic options for life insurance unit

FILE PHOTO: Logo of Bank Central Asia Tbk (BCA) seen on a board during a meeting in Jakarta, Indonesia, October 25, 2018. REUTERS/Willy Kurniawan/File Photo

Indonesia’s Bank Central Asia (BCA), Southeast Asia’s biggest bank by market value, is considering strategic options for its life insurance unit including a potential stake sale, according to two sources with knowledge of the matter.