Bank Rakyat Indonesia (BBRI IJ): Neutral impact from new KUR scheme

Bank Rakyat Indonesia (BBRI IJ)
BUY / TP: IDR:5,400 (+41.7%)
Analyst: Yap Swie Cu

Neutral impact from new KUR scheme
• Slight changes in the borrower rates, collateral, and loan frequencies
• KUR allocation stays at IDR180T for BBRI
• Neutral impact from the new scheme. Re-iterate BUY