Refine by sector
Latest articles in Indonesia

ID : Indonesia Daybreak | 22 October 2021

CGS-CIMB Erwan
Erwan Teguh @ CGS-CIMB 22 October 2021

ID : Bank Central Asia - 3Q21: Improving business loans

Bank Central Asia’s (BCA) 9M21 PATMI was slightly ahead, at 78% of both consensus’ and our FY21F forecasts. Similar with BTN, despite PPKM implementation, the bank saw improving loan demand, especially from the corporate segment, and asset quality.....
CGS-CIMB Ilham
Ilham FIRDAUS @ CGS-CIMB 21 October 2021

ID : Bank Tabungan Negara - 3Q21: Improving operating matrix

9M21 PATMI was ahead, at 79%/86% of consensus/our initial full-year forecasts (four-year 9M average, ex-2019: 76%). Despite PPKM, 3Q21 loans still grew 2% qoq, while asset quality improved qoq. NPL dropped 0.2% pt qoq to 3.9%; LAR dropped 3% pts qo....
CGS-CIMB Ilham
Ilham FIRDAUS @ CGS-CIMB 21 October 2021

ID : Indonesia Daybreak | 21 October 2021

CGS-CIMB Erwan
Erwan Teguh @ CGS-CIMB 21 October 2021

ID : Strategy - Foreign inflow – more to come?

External drivers in the form of commodity price surges, which in turn lead to a sharply higher current account balance, are supportive in sustaining foreign fund inflows. n Attractive valuations and improving visibility of an economic recovery as Co....
CGS-CIMB Erwan
Erwan Teguh @ CGS-CIMB 20 October 2021

ID : Economic - Policy rate on hold amid recovery optimism

Bank Indonesia (BI) left the policy rate at 3.50% for the eighth consecutive meeting, on the back of continued GDP recovery and improving CA balance. Trade outperformance and a potentially smaller fiscal deficit will help to anchor rupiah stability....
CGS-CIMB Yee Ping
Yee Ping LIM @ CGS-CIMB 19 October 2021