Corporate Updates
Bank Rakyat Indonesia (BBRI IJ): Proven record of resilience amid adversity
Bank Rakyat Indonesia (BBRI IJ)
BUY / TP: IDR:4,200 (+46.3%)
Analyst: Yap Swie Cu
Proven record of resilience amid adversity
• Resilient business model
• Tweaking our earnings estimates
• Upgrade to BUY amid attractive entry point