Bank Negara Indonesia (BBNI IJ): Shows signs of earnings improvement
Bank Negara Indonesia (BBNI IJ)
BUY / TP: IDR:6,400 (+13.3%)
Analyst: Yap Swie Cu
Shows signs of earnings improvement
• Solid 3Q24 results
• Lending and funding initiatives started to show promising effect
• Maintaining controllable loan quality
• Decline in rates to benefit BBNI further. Re-iterate BUY