Industry Updates

Indonesia Banking Industry: Mid-sized banks’ 11M19 results summary

Bank Sub-sector
Analyst: Yap Swie Cu

Mid-sized banks’ 11M19 results summary
• Sluggish core earnings amid weak expansion
• Earnings turnaround in BNLI
• A tough year for BNII
• Valuation

Industry Updates

Indonesia Banking Industry: Mid-sized banks’ 11M19 results summary

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