Corporate Updates
Bank Negara Indonesia (BBNI IJ): Results for 8M21 remain intact
Bank Negara Indonesia (BBNI IJ)
BUY / TP: IDR:7,900 (+47.0%)
Analyst: Yap Swie Cu
Results for 8M21 remain intact
• Steady Aug profit
• Lower funding cost continued to support core earnings
• Credit cost at the lower side
• Re-iterate BUY due attractive valuation