Indonesia Equity Strategy - Tactically prefer FMCG & retailers over banks
JT EWDespite the anticipated rate cut cycle, we believe Indonesia banks have limited room to lower their cost of fu
Despite the anticipated rate cut cycle, we believe Indonesia banks have limited room to lower their cost of fu
According to recent news (LINK 1), the government is looking to provide debt forgiveness for written-off loans
Despite recent Bank Indonesia’s (BI) benchmark rate cut, funding costs may continue to inch higher
Below, we present two charts (Fig. 1 and Fig. 2) depicting the loan-to-CASA and loan-to-saving trends across I
Major Indonesia banks (BBCA/BMRI/BBRI/BBNI) have published their bank-only Aug-24 results,
Following on our recent note on the banking sector (Indonesia Banks) in
We expect easing liquidity for the Indonesian banking sector in 4Q24,