Bank Tabungan Pensiunan Nasional: Nice Share Rally but More to Go
Excellent opex control reinforces our view on high quality management of Bank Tabungan Pensiunan Nasional (BTPN IJ). BTPN has again reinvented...
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The Week That Was in ASEAN@Smartkarma - Heavy Equipment, Consumer Electronics, and Ice Cream Wars
This past week's offering of Insights across ASEAN@Smartkarma is filled with another eclectic mix of differentiated, substantive and actionable...
360 Views
Bank Central Asia - Cautionary Tale, Happy Ending? - On the Ground in J-Town
A conversation with the management of Bank Central Asia Tbk Pt (BBCA IJ) in Jakarta revealed a more cautious outlook for 2H18, given regional...
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Indonesia Banks – The Value of Cheap Deposits, as Rates Rise
We sometimes lose sight of the value of cheap deposits for banks, especially as rates rise. Bank Central Asia Tbk Pt (BBCA IJ) and Bank Danamon...
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BRI Syariah IPO Review - Small and Sub-Par Metrics Points Towards a Large Discount to Peers
Bank BRISyariah PT (1017936Z IJ) is raising about US$100m in its upcoming IPO and proceeds will be mostly used to support financing activities,...
209 Views