ID : Bank Rakyat Indonesia - Key takeaways from 1Q21 results briefing

BRI’s NIM improved to 7% in 1Q21 vs. 6% in 2020. The bank intends to revise its NIM, opex growth and credit cost guidance for 2021 and aims to release it during the 2Q21 results briefing. The bank aims to finalise its rights issue plan in Sep 21. It is waiting for the issuance of government regulations regarding the rights issue.

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