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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
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