Corporate Updates

Bank Negara Indonesia (BBNI IJ): Defending earnings

Bank Negara Indonesia (BBNI IJ)
BUY / TP: IDR:11,000 (+20.2%)
Analyst: Yap Swie Cu

Defending earnings
• Asset-liability management to defend top line
• Stick to selective expansion strategy
• Manageable credit cost
• Re-iterate BUY amid resilient performance and attractive valuation

Corporate Updates

Bank Negara Indonesia (BBNI IJ): Defending earnings

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