Corporate Updates
Bank Negara Indonesia (BBNI IJ): Big test of resilience looms
Bank Negara Indonesia (BBNI IJ)
HOLD-OPF / TP: IDR:9,000 (+1.7%)
Analyst: Yap Swie Cu
Big test of resilience looms
• Lower credit cost defends Jul profit
• Net profit estimate for 2022F revised up 5%
• Faces test of its resilience. Maintain HOLD-OPF with new TP