Corporate Updates

Bank Mandiri (BMRI IJ): Sustains strong performance

Bank Mandiri (BMRI IJ)
BUY / TP: IDR:10,400 (+21.6%)
Analyst: Yap Swie Cu

Sustains strong performance
• Strong earnings continued
• Maintains excellent saving deposit performance
• Favorable funding structure during rising policy rate environment
• BUY call re-iterates due to strong fundamentals and undemanding valuation

Corporate Updates

Bank Mandiri (BMRI IJ): Sustains strong performance

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