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Bank Rakyat Indonesia Loan Restructuring. The number of restructured loans Bank Rakyat Indonesia Tbk (BBRI IJ) increased sharply caused us to cut its share price target. Previously, the target price of BBRI shares was IDR 4,850 per share this year. We lowered the target price to IDR 3,000, reflecting a price to book value (PBV).

As well as, Huawei Competitor from United States. Huawei believes its business efforts can continue to grow despite getting a hindrance through the extension of product trade bans by the United States Government. Rotating Chairman of Huawei Guo Ping said that there is still potential in non United States countries and regions to develop unified.

As well as, Bank Danamon Positive Performance. Performance of banking in the first quarter of 2020 is still positive. Although in the next quarter the threat to banks due to the Coronavirus. Positive results in the first quarter occurred at Bank Danamon Indonesia Tbk (BDMN IJ). This bank managed to achieve a net profit of.

A COVID-19 Outbreak Suppress Mall Visitors. The outbreak of the Coronavirus COVID-19 global pandemic hurt the shopping center. The increasing amount of suspect Coronavirus causes people to reduce outdoors activities, including shopping.

COVID-19 Press Bank Central Asia Loan. Over the last year, Bank Central Asia Tbk (BBCA IJ) was able to achieve a capable performance. BBCA reached IDR 28.5 trillion in profit, growing 10.5% from 2018. However, this year the largest private bank in Indonesia is not going to be too expansive, BBCA just shot the loan.

BNGA: WeChat Pay Start Operates January 2020. WeChat Pay immediately operates in Indonesia, having a cooperation with Bank CIMB Niaga, Tbk (BNGA IJ). As one of BUKU 4 category Bank, BNGA has receive approval for WeChat Pay to start operation January.

BRMS Records Net Profit. Bumi Resources Minerals Tbk (BRMS) started to improve its financial performance. The mining company successfully scored USD 1.02 Million in net profit from the previously scored USD 93.95.

Giant Conglomerations Compete on Fintech Lending. The conglomerate network in the financial technology (fintech) lending is increasingly spurs. Moreover, giant conglomerations in Indonesia are participating in the online lending.

BRIS: Not Participate in Offering SBR008. The government officially offers the SBR008 Savings Bond series starting Thursday (09/05). For those of you who are interested in putting idle funds on this minimal risk investment, you have time to buy it until September 19th. Director General of Financing.

BBNI Mortgage Interest Still High. The mortgage loan rate potentially leads to a downtrend. The cost of fund that dropped after the policy of Bank Indonesia (BI) interest rate cut is expected to trigger a credit interest.