Bank Rakyat Indonesia

Bank Rakyat Indonesia is a commercial banking company based in Indonesia. Co. specializes in small scale and microfinance style borrowing from and lending to its retail clients through its over 7,000 branches, units and rural service posts. Co.'s clients' services comprise Savings, Credits and Syariah. Co.'s operations are organized in three segments: Business Services, consisting of bank guarantees, bank clearance, automatic teller machines, export and import services, remittance and safe deposit boxes; Financial Services, consisting of bill payments, Cepebri, Inkaso, deposit acceptance, online transactions and transfers, and Other Services.
  • TickerBBRI
  • ISINID1000118201
  • ExchangeIndonesian Stock Exchange
  • SectorBanks
  • CountryIndonesia
UOB
Jayson Kong ...
  • Jie Ying Chloe Tan
  • Jonathan Koh
  • K Ajith
  • Loke Pei Hao
  • Raphon Prima
  • Thunya Sutavepramochanon
  • Zhifeng Shen

Regional Morning Notes - Thursday, September 17, 2020

GREATER CHINA Sector Aviation: Expect further re-rating In anticipation of vaccine roll-out and a surge in cargo yields. Upgrade to MARKET WEIGHT. Initiate Coverage Jiumaojiu International Holdings (9922 HK/BUY/HK$19.70/Target: HK$22.00): Riding on operational efficiency and large expansion potential. Initiate coverage with BUY. INDONESIA Update Bank Rakyat Indonesia (BBRI IJ/BUY/Rp3,260/Target: Rp3,650): Expecting 67% yoy net profit growth in 2021; interest income has bottomed out. MALAYSIA Results Astro Malaysia (Astro MK/BUY/RM0.805/Target: RM1.00): 2QFY21: In line. Expect meaningful earn...

UOB
Raphon Prima

Bank Rakyat Indonesia (BBRI IJ) - Expecting 67% yoy Net Profit Growth In 2021; Interest Income Has Bottomed Out

The second round of social restrictions might affect BBRI’s interest income in 2021. In the worst scenario of a flat loan yield of 11% and no loan growth, net profit could come in at Rp23.7t in 2021, implying a target price of Rp2,676. However, we are forecasting an 11.8% loan yield and 6% loan growth in the base case. Interest income has hit a bottom in Apr 20. We expect net profit to rise 71% yoy in 2021 after a 43% fall in 2020. Maintain BUY with a lower target price of Rp3,650.

UOB
Maskun Ramli ...
  • Raphon Prima

Indonesia Daily - Thursday, September 17, 2020

Bank Rakyat Indonesia (BBRI IJ/BUY/Rp3,260/Target: Rp3,650): Expecting 67% yoy net profit growth in 2021; interest income has bottomed out. TRADERS’ CORNER Tjiwi Kimia (TKIM IJ): Technical BUY Puradelta Lestari (DMAS IJ): Technical BUY

UOB
Jonathan Koh ...
  • Keith Wee Teck Keong
  • Raphon Prima
  • Singapore Research Team
  • Tanadech Rungsrithananon

Singapore Daily - Friday, September 04, 2020

KEY HIGHLIGHTS Strategy Alpha Picks: Adding Yangzijiang & Reshuffling Mid Cap Picks: Our portfolio rose 1.2% mom in Aug 20, outperforming the FSSTI’s gain of 0.1% mom as more than half of our portfolio delivered gains of 4-12% mom. Sector Banks – Regional: ASEAN banks monthly. TRADERS’ CORNER China Aviation Oil (CAO SP): Trading Buy Hongkong Land Holdings (HKL SP): Trading Buy

Moody's announces completion of a periodic review of ratings of Bank Rakyat Indonesia (P.T.)

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Bank Rakyat Indonesia. Global Credit Research- 29 Aug 2020. Singapore, August 29, 2020-- Moody's Investors Service has completed a periodic review of the ratings of Bank Rakyat Indonesia and other ratings that are associated with the same analytical unit.

1 director bought

A director at Bank Rakyat Indonesia bought 415,700 shares at 4,307.000IDR and the significance rating of the trade was 74/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The n...

UOB
Jayson Kong ...
  • Jie Ying Chloe Tan
  • Jonathan Koh
  • K Ajith
  • Loke Pei Hao
  • Raphon Prima
  • Thunya Sutavepramochanon
  • Zhifeng Shen

Regional Morning Notes - Thursday, September 17, 2020

GREATER CHINA Sector Aviation: Expect further re-rating In anticipation of vaccine roll-out and a surge in cargo yields. Upgrade to MARKET WEIGHT. Initiate Coverage Jiumaojiu International Holdings (9922 HK/BUY/HK$19.70/Target: HK$22.00): Riding on operational efficiency and large expansion potential. Initiate coverage with BUY. INDONESIA Update Bank Rakyat Indonesia (BBRI IJ/BUY/Rp3,260/Target: Rp3,650): Expecting 67% yoy net profit growth in 2021; interest income has bottomed out. MALAYSIA Results Astro Malaysia (Astro MK/BUY/RM0.805/Target: RM1.00): 2QFY21: In line. Expect meaningful earn...

UOB
Raphon Prima

Bank Rakyat Indonesia (BBRI IJ) - Expecting 67% yoy Net Profit Growth In 2021; Interest Income Has Bottomed Out

The second round of social restrictions might affect BBRI’s interest income in 2021. In the worst scenario of a flat loan yield of 11% and no loan growth, net profit could come in at Rp23.7t in 2021, implying a target price of Rp2,676. However, we are forecasting an 11.8% loan yield and 6% loan growth in the base case. Interest income has hit a bottom in Apr 20. We expect net profit to rise 71% yoy in 2021 after a 43% fall in 2020. Maintain BUY with a lower target price of Rp3,650.

UOB
Maskun Ramli ...
  • Raphon Prima

Indonesia Daily - Thursday, September 17, 2020

Bank Rakyat Indonesia (BBRI IJ/BUY/Rp3,260/Target: Rp3,650): Expecting 67% yoy net profit growth in 2021; interest income has bottomed out. TRADERS’ CORNER Tjiwi Kimia (TKIM IJ): Technical BUY Puradelta Lestari (DMAS IJ): Technical BUY

UOB
Jonathan Koh ...
  • Keith Wee Teck Keong
  • Raphon Prima
  • Singapore Research Team
  • Tanadech Rungsrithananon

Singapore Daily - Friday, September 04, 2020

KEY HIGHLIGHTS Strategy Alpha Picks: Adding Yangzijiang & Reshuffling Mid Cap Picks: Our portfolio rose 1.2% mom in Aug 20, outperforming the FSSTI’s gain of 0.1% mom as more than half of our portfolio delivered gains of 4-12% mom. Sector Banks – Regional: ASEAN banks monthly. TRADERS’ CORNER China Aviation Oil (CAO SP): Trading Buy Hongkong Land Holdings (HKL SP): Trading Buy

UOB
Raphon Prima

Banking – Massive Benchmark Rate Cut To End; Replaced By Fiscal Expansion Stimulus

BI has cut the benchmark rate to a historical low of 4.00%. After a 200bp cut since Jul 19, the market is now expecting a stable rate ahead. BI is maximising its fiscal expansion stimulus by buying government bonds on the primary market. We do not expect this to lead to soaring inflation as current economic conditions are weak. The benchmark rate cut has impacted time deposit rate more than lending rate. Maintain OVERWEIGHT on the back of an economic recovery in 2021. Top picks are BMRI and BBNI.

Moody's announces completion of a periodic review of ratings of Bank Rakyat Indonesia (P.T.)

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Bank Rakyat Indonesia. Global Credit Research- 29 Aug 2020. Singapore, August 29, 2020-- Moody's Investors Service has completed a periodic review of the ratings of Bank Rakyat Indonesia and other ratings that are associated with the same analytical unit.

Bank Rakyat Indonesia (P.T.): Key Facts and Statistics - Q1 March 2020

A summary company profile, detailing Bank Rakyat Indonesia (P.T.)’s business operations and financial highlights.

Bank Rakyat Indonesia (P.T.): Update following full-year 2019 results

Our credit view of Bank Rakyat Indonesia (P.T.), reflecting its strong profitability and capital, superior access to deposits, and our expectation of a very high level of government support.

Moody's announces completion of a periodic review of ratings of Bank Rakyat Indonesia (P.T.)

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Bank Rakyat Indonesia. Global Credit Research- 02 Oct 2019. Singapore, October 02, 2019-- Moody's Investors Service has completed a periodic review of the ratings of Bank Rakyat Indonesia and other ratings that are associated with the same analytical unit.

Bank Rakyat Indonesia (P.T.): Update to credit analysis

Our credit view of Bank Rakyat Indonesia (P.T.), reflecting its strong profitability, capital, funding and liquidity, and our expectation of a very high level of government support.

With a more favourable environment, BANK RAKYAT INDO.TERBUKA improves to Slightly Positive

BANK RAKYAT INDO.TERBUKA (ID), a company active in the Money Center Banks industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 3 out of 4 stars, as well as its unchanged, moderately risky market behaviour. The title leverages a more favourable environment and raises its general evaluation to Slightly Positive. As of the analysis date June 12, 2020, the closing price was IDR 3,030.00 and its potential was estimated at IDR 3,501.51.

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the we...

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