Corporate Updates
Bank Niaga (BNGA IJ): High credit cost drags on 2020 profit - Not rated
Bank Niaga (BNGA IJ)
Not rated
Analyst: Yap Swie Cu
High credit cost drags on 2020 profit
• Minimal pressure in core earnings
• Soaring credit cost as risk increased
• Cautious outlook for 2021
• Valuation