Corporate Updates
Bank Negara Indonesia (BBNI IJ): Results for 5M22 still within expectation
Bank Negara Indonesia (BBNI IJ)
HOLD-OPF / TP: IDR:8,700 (+6.7%)
Analyst: Yap Swie Cu
Results for 5M22 still within expectation
• Manageable retreat in May profit bared
• Softer upper-line earnings
• Further normalization of credit cost
• Maintain HOLD on more demanding valuation