Corporate Updates
Bank Rakyat Indonesia (BBRI IJ): High-yielding business to defend earnings
Bank Rakyat Indonesia (BBRI IJ)
BUY / TP: IDR:6,800 (+31.4%)
Analyst: Yap Swie Cu
High-yielding business to defend earnings
• Strong top-line driven by expansion and wider margin
• Expedites resolution of Covid-related restructured loans
• Solid performance to continue