PT Bank Central Asia Tbk (IDX:BBCA) (BCA) plans to merge newly acquired PT. Bank Rabobank International Indonesia (Rabobank Indonesia) with its sharia financing arm PT Bank BCA Syariah in 2021 to capture bigger opportunities in sharia-compliant financial products and services in Indonesia. BCA Finance Director Vera Eve Lim said on August 28, 2020 that the bank expected to go forward with the merger in 2021 should the acquisition process go smoothly. "We're currently focusing on completing Rabobank's acquisition process with the Financial Services Authority [OJK], and once we finish, we'll go forward with the merger," she said during a virtual press briefing. Vera went on to say that the merger between Rabobank and BCA's sharia-compliant entity was aimed at grabbing the potential that Islamic banking presents in Indonesia.