Corporate Updates

Bank Central Asia (BBCA IJ): Results for 2020 beat expectation

Bank Central Asia (BBCA IJ)
BUY / TP: IDR:40,800 (+17.9%)
Analyst: Yap Swie Cu

Results for 2020 beat expectation
• Top performer among Indonesia’s top-four banks
• Excellent core earnings performance
• Credit cost remained controllable
• Conservative 2021 target
• We re-iterate our BUY recommendation

Corporate Updates

Bank Central Asia (BBCA IJ): Results for 2020 beat expectation

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