Bank Negara Indonesia

P. T. Bank Negara (Indonesia) is engaged in the operation of segments representing the key customer and product groups as follows: Corporate, which includes loans, deposits and other transactions and balances with corporate customers; Commercial and Small, which includes loans,deposits and other transactions and balances with small the middle size of customers; Consumer and Retail, which includes consumer loan; Head Office, which represents centralized services for other segments; and Subsidiaries, which includes transactions in sharia banking, insurance, consumer financing and securities. As of Dec 31 2014, Co. had total assets of Rp416.60 trillion and total deposits of Rp300.30 trillion.
  • TickerBBNI
  • ISINID1000096605
  • ExchangeIndonesian Stock Exchange
  • SectorBanks
  • CountryIndonesia

Moody's announces completion of a periodic review of ratings of Bank N...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Bank Negara Indonesia Tbk. Global Credit Research- 20 Aug 2021. Singapore, August 20, 2021-- Moody's Investors Service has completed a periodic review of the ratings of Bank Negara Indonesia Tbk and other ratings that are associated with the same analytical unit.

Akhmad Nurcahyadi
  • Akhmad Nurcahyadi

Bank Negara Indonesia (BBNI IJ) - 2Q21: Net Profit Rising From Rp203.7...

A solid PPOP growth trajectory coupled with a historically low cost of funds underpinned BBNI’s 1H21 net income of Rp5t (up 12.8% yoy), beating our and consensus’ forecasts. 2Q21 credit cost was stable at 3.5% and in line with management’s 2021 guidance of 3.3-3.6%, while NIM improved by 40bp to 4.9% in 1H21 and stood at 4.8% in 2Q21. BBNI also saw a 299bp qoq drop in COVID-19 restructured loans to Rp81.7t. Maintain BUY. Target price: Rp6,150 (1.0x 2021F P/B).

Raphon Prima
  • Raphon Prima

Bank Negara Indonesia (BBNI IJ) - Expectation Of Share Price Recovery ...

BBNI will conduct share buyback in Jul-Oct up to a maximum amount of Rp1.7t. In our view, this plan is correlated with the rights issue plan which is expected to raise Rp11.7t with a capital injection of Rp7t by the government. The government stated that BBNI’s P/B valuation has to be above 1.0x before offering a rights issue. In 4Q15, BBNI successfully conducted a share buyback by spending Rp750b which was followed by a strong share price rally. Maintain BUY. Target price: Rp6,150.

Maskun Ramli ... (+2)
  • Maskun Ramli
  • Raphon Prima

Indonesia Daily - Tuesday, July 27, 2021

Bank Negara Indonesia (BBNI IJ/BUY/Rp5,050/Target: Rp6,150): Expectation of share price recovery as management prepares buyback. TRADERS’ CORNER United Tractors (UNTR IJ): Technical BUY Telekomunikasi Indonesia (TLKM IJ): Technical BUY

Bank Negara Indonesia (Persero) Tbk (P.T.): Update to credit analysis

Our credit view of BNI reflects its strong capitalization and loan loss reserves, against asset risks in its balance sheet arising from disruptions caused by the pandemic.

Moody's announces completion of a periodic review of ratings of Bank N...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Bank Negara Indonesia Tbk. Global Credit Research- 20 Aug 2021. Singapore, August 20, 2021-- Moody's Investors Service has completed a periodic review of the ratings of Bank Negara Indonesia Tbk and other ratings that are associated with the same analytical unit.

Akhmad Nurcahyadi
  • Akhmad Nurcahyadi

Bank Negara Indonesia (BBNI IJ) - 2Q21: Net Profit Rising From Rp203.7...

A solid PPOP growth trajectory coupled with a historically low cost of funds underpinned BBNI’s 1H21 net income of Rp5t (up 12.8% yoy), beating our and consensus’ forecasts. 2Q21 credit cost was stable at 3.5% and in line with management’s 2021 guidance of 3.3-3.6%, while NIM improved by 40bp to 4.9% in 1H21 and stood at 4.8% in 2Q21. BBNI also saw a 299bp qoq drop in COVID-19 restructured loans to Rp81.7t. Maintain BUY. Target price: Rp6,150 (1.0x 2021F P/B).

Raphon Prima
  • Raphon Prima

Bank Negara Indonesia (BBNI IJ) - Expectation Of Share Price Recovery ...

BBNI will conduct share buyback in Jul-Oct up to a maximum amount of Rp1.7t. In our view, this plan is correlated with the rights issue plan which is expected to raise Rp11.7t with a capital injection of Rp7t by the government. The government stated that BBNI’s P/B valuation has to be above 1.0x before offering a rights issue. In 4Q15, BBNI successfully conducted a share buyback by spending Rp750b which was followed by a strong share price rally. Maintain BUY. Target price: Rp6,150.

Maskun Ramli ... (+2)
  • Maskun Ramli
  • Raphon Prima

Indonesia Daily - Tuesday, July 27, 2021

Bank Negara Indonesia (BBNI IJ/BUY/Rp5,050/Target: Rp6,150): Expectation of share price recovery as management prepares buyback. TRADERS’ CORNER United Tractors (UNTR IJ): Technical BUY Telekomunikasi Indonesia (TLKM IJ): Technical BUY

Bank Negara Indonesia (Persero) Tbk (P.T.): Update to credit analysis

Our credit view of BNI reflects its strong capitalization and loan loss reserves, against asset risks in its balance sheet arising from disruptions caused by the pandemic.

Moody's announces completion of a periodic review of ratings of Bank N...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Bank Negara Indonesia Tbk. Global Credit Research- 20 Aug 2021. Singapore, August 20, 2021-- Moody's Investors Service has completed a periodic review of the ratings of Bank Negara Indonesia Tbk and other ratings that are associated with the same analytical unit.

Akhmad Nurcahyadi
  • Akhmad Nurcahyadi

Bank Negara Indonesia (BBNI IJ) - 2Q21: Net Profit Rising From Rp203.7...

A solid PPOP growth trajectory coupled with a historically low cost of funds underpinned BBNI’s 1H21 net income of Rp5t (up 12.8% yoy), beating our and consensus’ forecasts. 2Q21 credit cost was stable at 3.5% and in line with management’s 2021 guidance of 3.3-3.6%, while NIM improved by 40bp to 4.9% in 1H21 and stood at 4.8% in 2Q21. BBNI also saw a 299bp qoq drop in COVID-19 restructured loans to Rp81.7t. Maintain BUY. Target price: Rp6,150 (1.0x 2021F P/B).

Raphon Prima
  • Raphon Prima

Bank Negara Indonesia (BBNI IJ) - Expectation Of Share Price Recovery ...

BBNI will conduct share buyback in Jul-Oct up to a maximum amount of Rp1.7t. In our view, this plan is correlated with the rights issue plan which is expected to raise Rp11.7t with a capital injection of Rp7t by the government. The government stated that BBNI’s P/B valuation has to be above 1.0x before offering a rights issue. In 4Q15, BBNI successfully conducted a share buyback by spending Rp750b which was followed by a strong share price rally. Maintain BUY. Target price: Rp6,150.

Maskun Ramli ... (+2)
  • Maskun Ramli
  • Raphon Prima

Indonesia Daily - Tuesday, July 27, 2021

Bank Negara Indonesia (BBNI IJ/BUY/Rp5,050/Target: Rp6,150): Expectation of share price recovery as management prepares buyback. TRADERS’ CORNER United Tractors (UNTR IJ): Technical BUY Telekomunikasi Indonesia (TLKM IJ): Technical BUY

Bank Negara Indonesia (Persero) Tbk (P.T.): Update to credit analysis

Our credit view of BNI reflects its strong capitalization and loan loss reserves, against asset risks in its balance sheet arising from disruptions caused by the pandemic.

Moody's announces completion of a periodic review of ratings of Bank N...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Bank Negara Indonesia Tbk. Global Credit Research- 20 Aug 2021. Singapore, August 20, 2021-- Moody's Investors Service has completed a periodic review of the ratings of Bank Negara Indonesia Tbk and other ratings that are associated with the same analytical unit.

Akhmad Nurcahyadi
  • Akhmad Nurcahyadi

Bank Negara Indonesia (BBNI IJ) - 2Q21: Net Profit Rising From Rp203.7...

A solid PPOP growth trajectory coupled with a historically low cost of funds underpinned BBNI’s 1H21 net income of Rp5t (up 12.8% yoy), beating our and consensus’ forecasts. 2Q21 credit cost was stable at 3.5% and in line with management’s 2021 guidance of 3.3-3.6%, while NIM improved by 40bp to 4.9% in 1H21 and stood at 4.8% in 2Q21. BBNI also saw a 299bp qoq drop in COVID-19 restructured loans to Rp81.7t. Maintain BUY. Target price: Rp6,150 (1.0x 2021F P/B).

Raphon Prima
  • Raphon Prima

Bank Negara Indonesia (BBNI IJ) - Expectation Of Share Price Recovery ...

BBNI will conduct share buyback in Jul-Oct up to a maximum amount of Rp1.7t. In our view, this plan is correlated with the rights issue plan which is expected to raise Rp11.7t with a capital injection of Rp7t by the government. The government stated that BBNI’s P/B valuation has to be above 1.0x before offering a rights issue. In 4Q15, BBNI successfully conducted a share buyback by spending Rp750b which was followed by a strong share price rally. Maintain BUY. Target price: Rp6,150.

Maskun Ramli ... (+2)
  • Maskun Ramli
  • Raphon Prima

Indonesia Daily - Tuesday, July 27, 2021

Bank Negara Indonesia (BBNI IJ/BUY/Rp5,050/Target: Rp6,150): Expectation of share price recovery as management prepares buyback. TRADERS’ CORNER United Tractors (UNTR IJ): Technical BUY Telekomunikasi Indonesia (TLKM IJ): Technical BUY

Bank Negara Indonesia (Persero) Tbk (P.T.): Update to credit analysis

Our credit view of BNI reflects its strong capitalization and loan loss reserves, against asset risks in its balance sheet arising from disruptions caused by the pandemic.

Moody's announces completion of a periodic review of ratings of Bank N...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Bank Negara Indonesia Tbk. Global Credit Research- 20 Aug 2021. Singapore, August 20, 2021-- Moody's Investors Service has completed a periodic review of the ratings of Bank Negara Indonesia Tbk and other ratings that are associated with the same analytical unit.

Akhmad Nurcahyadi
  • Akhmad Nurcahyadi

Bank Negara Indonesia (BBNI IJ) - 2Q21: Net Profit Rising From Rp203.7...

A solid PPOP growth trajectory coupled with a historically low cost of funds underpinned BBNI’s 1H21 net income of Rp5t (up 12.8% yoy), beating our and consensus’ forecasts. 2Q21 credit cost was stable at 3.5% and in line with management’s 2021 guidance of 3.3-3.6%, while NIM improved by 40bp to 4.9% in 1H21 and stood at 4.8% in 2Q21. BBNI also saw a 299bp qoq drop in COVID-19 restructured loans to Rp81.7t. Maintain BUY. Target price: Rp6,150 (1.0x 2021F P/B).

Raphon Prima
  • Raphon Prima

Bank Negara Indonesia (BBNI IJ) - Expectation Of Share Price Recovery ...

BBNI will conduct share buyback in Jul-Oct up to a maximum amount of Rp1.7t. In our view, this plan is correlated with the rights issue plan which is expected to raise Rp11.7t with a capital injection of Rp7t by the government. The government stated that BBNI’s P/B valuation has to be above 1.0x before offering a rights issue. In 4Q15, BBNI successfully conducted a share buyback by spending Rp750b which was followed by a strong share price rally. Maintain BUY. Target price: Rp6,150.

Maskun Ramli ... (+2)
  • Maskun Ramli
  • Raphon Prima

Indonesia Daily - Tuesday, July 27, 2021

Bank Negara Indonesia (BBNI IJ/BUY/Rp5,050/Target: Rp6,150): Expectation of share price recovery as management prepares buyback. TRADERS’ CORNER United Tractors (UNTR IJ): Technical BUY Telekomunikasi Indonesia (TLKM IJ): Technical BUY

Bank Negara Indonesia (Persero) Tbk (P.T.): Update to credit analysis

Our credit view of BNI reflects its strong capitalization and loan loss reserves, against asset risks in its balance sheet arising from disruptions caused by the pandemic.

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