Bank Rakyat Indonesia (BBRI IJ) (Buy) - Lower KUR target
NS EWAccording to BBRI, the government has finalized the KUR (People’s Business Credit) disbursement target of IDR3
According to BBRI, the government has finalized the KUR (People’s Business Credit) disbursement target of IDR3
Going into 2025, our view on the Indonesia banking sector remains largely intact
In this note, we take a closer look at the asset quality trends of major Indonesia banks and BRIS (Bank Syaria
In our recent note on BBRI, we wrote that the bank may face maturing micro/ultra-micro segments in coming year
BBCA released its bank-only YTD Nov-24 results with headline profit of IDR50.5tn (+14% y-y),
Going into 2025F, we see continued headwinds for Jago (and other digital banks),
Despite the persistent challenging macroeconomic backdrops, as we head into 2025F,
BRIS has released its YTD Oct-24 results, which came in largely in line with our projections.
Major Indonesia banks (BBCA/BMRI/BBRI/BBNI) have published their bank-only Oct-24 results,
BBRI has released its YTD Oct-24 results with PPOP and net profit of IDR89.5tr (+15% y-y)
BBNI released its bank-only YTD Oct24 results with net profit of IDR18.1tn (+4% y-y),
BBCA released its bank-only YTD Oct-24 results with headline profit of IDR46.2tn (+15% y-y),
In this note, we look at the 9M24 consolidated results of the major Indonesia banks under our coverage.
BMRI released its 9M24 results on 30 October, with the company remaining on a steady growth trajectory.
In our recent note, we wrote that BBRI might face maturing micro/ultra-micro segments in the next few years.