In today’s briefing:
- Bank Rakyat Indonesia (BBRI IJ) – Shifting to Higher Yield Products
Bank Rakyat Indonesia (BBRI IJ) – Shifting to Higher Yield Products
- Bank Rakyat Indonesia (BBRI IJ) continues to march to the tune of its micro-lending capabilities with recent moves focused on growing its higher-yield Kupedes and ultra-micro loans.
- Upward pressure on funding costs in 1Q2023 was more than offset by a shift to higher-yield loans and lower cost of credit, with greater efficiencies through digital initiatives.
- Bank Rakyat Indonesia (BBRI IJ) is somewhat overcapitalized which allows for higher dividend payout and higher ROEs over time. The bank remains a core holding in Indonesia