Industry Updates
Indonesia Banking Industry: Top banks’ 11M23 results within expectations
Indonesia Banking Industry
Analyst: Yap Swie Cu
Top banks’ 11M23 results within expectations
• All set to meet 2023F estimates
• NII eased on higher funding cost
• BBRI and BBNI strengthen loan-loss buffer
• Healthy lending expansion by most banks
• Banks with strong funding franchises to outperform next year
