Bank Negara Indonesia (BBNI IJ): Maintains earnings resilience
Bank Negara Indonesia (BBNI IJ)
BUY / TP: IDR:6,400 (+35.6%)
Analyst: Yap Swie Cu
Maintains earnings resilience
• Oct results remained stable
• Resilient top line amid healthy lending and retail funding expansion
• Controllable credit cost
• Improved funding franchise to overcome challenging future. Re-iterate BUY