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Corporate Updates

Bank Mandiri (BMRI IJ): Maintaining resilient performance

Bank Mandiri (BMRI IJ)
BUY / TP: IDR:8,200 (+30.2%)
Analyst: Yap Swie Cu

Maintaining resilient performance
• Gradual recovery in top-line earnings
• Credit cost still within guidance
• With its strong fundamentals and undemanding valuation, we re-iterate our BUY rating
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