Major Indonesia banks (BBCA/BMRI/BBRI/BBNI/BRIS) have published their bank-only Jan-25 results,

BANKS Erwin Wijaya

We think the Indonesia banking sector may enter a tactical tailwind period,

BANKS Erwin Wijaya

Based on the latest SRBI issuances (dated 31 Jan 2025), we see some improvements in liquidity

Banks Erwin Wijaya

In our opinion, the last three SRBI (Sekuritas Rupiah Bank Indonesia) issuances this year,

Banks Erwin Wijaya

Bank Indonesia has made a surprise 25bp benchmark rate cut to 5.75%.

Banks Erwin Wijaya

Going into 2025, our view on the Indonesia banking sector remains largely intact

Banks Nicholas Santoso Erwin Wijaya

In this note, we take a closer look at the asset quality trends of major Indonesia banks and BRIS (Bank Syaria

Banks Nicholas Santoso Erwin Wijaya

Despite the persistent challenging macroeconomic backdrops, as we head into 2025F,

Banks Nicholas Santoso Erwin Wijaya

In this note, we look at the 9M24 consolidated results of the major Indonesia banks under our coverage.

Banks Nicholas Santoso Erwin Wijaya

Despite the anticipated rate cut cycle, we believe Indonesia banks have limited room to lower their cost of fu

Equity Strategy Jupriadi Tan Erwin Wijaya

According to recent news (LINK 1), the government is looking to provide debt forgiveness for written-off loans

Banks Nicholas Santoso Erwin Wijaya

Despite recent Bank Indonesia’s (BI) benchmark rate cut, funding costs may continue to inch higher

Banks Nicholas Santoso Erwien Wijaya

Below, we present two charts (Fig. 1 and Fig. 2) depicting the loan-to-CASA and loan-to-saving trends across I

Banks Nicholas Santoso Erwin Wijaya

Following on our recent note on the banking sector (Indonesia Banks) in

Banks Nicholas Santoso Erwin Wijaya

We expect easing liquidity for the Indonesian banking sector in 4Q24,

Banks Nicholas Santoso Erwin Wijaya