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Industry Updates

Indonesia Banking Industry: Top banks’ 11M22 results remain on track

 Indonesia Banking Industry
Analyst: Yap Swie Cu

Top banks’ 11M22 results remain on track
• Solid results continued
• BBCA and BMRI – major beneficiaries of rising rates environment
• BBNI’s performance is ahead on resilient expansion and eased credit cost
• Softening BBRI’s earnings
• BBCA, BMRI remain best defensive choices during challenging times
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