Bank Mandiri (BMRI IJ) (Buy) - Lower risks to growth
NS EWWe took a closer look at BMRI’s provisioning expenses (12MMA CoC) which has stabilised at ~70-80bp in 1H24.
We took a closer look at BMRI’s provisioning expenses (12MMA CoC) which has stabilised at ~70-80bp in 1H24.
BMRI released its bank-only Jul-24 results with monthly earnings
These improvements were largely driven by the bank’s increased