Bank Rakyat Indonesia (BBRI IJ): In-line 1H23 result

Bank Rakyat Indonesia (BBRI IJ)
BUY / TP: IDR:6,800 (+23.1%)
Analyst: Yap Swie Cu

In-line 1H23 result
• Stable upper-line earnings in 2Q23
• Additional provisioning for corporate loans
• Wider margin and eased credit cost to support earnings in 2H23
• Maintain BUY