The Week That Was in ASEAN@Smartkarma - Banks, Beers, and Mergers
The week that was in ASEAN@Smartkarma is filled with another eclectic mix of differentiated, substantive, and actionable insights from across South...
186 Views
Bank Credit Weekly: Melt-Up in Asset Prices or Melt-Down in Conviction?
Melt-up in asset prices or melt-down in conviction? Short callable AT1 bonds led the ongoing rally in bank credit. Tier 2 bonds suggest more of a...
183 Views
Bank Mandiri – Rise Of Loan Loss Reserves, Unclear?
Sharply higher rise in loan loss reserves than incremental loan loss provision expenses, makes us curious, and this may mean less scope for...
297 Views
The Week That Was in ASEAN@Smartkarma - Indonesian Media, Thai Beer, and Banks
The week that was in ASEAN@Smartkarma is filled with another eclectic mix of differentiated, substantive, and actionable insights from across South...
256 Views
BMRI: Subpar Trends and Rich
Trends at BMRI were soft at FY2-/19 with Asset Quality evolution particularly fragile. Valuations are rich enough even for diehard advocates of the...
344 Views