In today’s briefing:
- Bank Rakyat Indonesia – Increasingly Digitalised Micro Champion
Bank Rakyat Indonesia – Increasingly Digitalised Micro Champion
- Despite what looked like a solid set of 1Q2022 results, Bank Rakyat Indonesia has seen a sharp correction in its share price, which looks unjustified given a positive outlook.
- The bank has 84% of its loan exposure to micro and ultra-micro customers, which generates higher returns than corporate lending plus it is improving returns through increasing digitalisation.
- Management guidance for this year remains positive, and the bank is well-positioned to take advantage of the economic recovery with abundant liquidity and a low cost of funds.
Before it’s here, it’s on Smartkarma
