ASEAN Insight Provider, CrossASEAN Research

Angus Mackintosh

In Equity Sales and Research for more than 25 years covering Asian markets. Possesses in-depth knowledge of a wide range of companies, economies, and markets in Asia. Over his career, he has specialised in HK/China and ASEAN markets at various different Investment Banks, most recently heading equities in Indonesia for Bank of America Merrill Lynch in Jakarta for more than three years. Whilst in Jakarta, he produced a well-read daily and weekly product on the Indonesian market, which included company visits, as well as political, economic and sector commentary. A former racing skier, who enjoys ultra-marathons and surfing in his spare time.

ASEAN Insight Provider

Bank Rakyat Indonesia (BBRI IJ) - Positive Vibes on Micro Growth and Reach

Indonesian Banks Screener; Mandiri Is Our Top Pick

Bank Mandiri (BMRI IJ) - Riding a Digital Wave

Bank Mandiri (BMRI IJ) - Growing By Digital Means

Bank Mandiri (BMRI IJ) - Upping the Ante on Returns

Gravity Works As WeWork Doesn't; Now Plan B

CrossASEAN Research

At CrossASEAN Research we strive to produce unbiased and differentiated on the ground insights on companies across South East Asia. Our Research is produced for the most part after face to face meetings and conversations with company management to dig deep into the long term vision and strategy of the companies we cover. We seek to deliver investable and actionable themes on sectors and markets across SE Asia, often in collaboration with other Insight Providers across the region, pooling the vast experience of the analysts within the Smartkarma Ecosystem. We also offer bespoke work and tailor made trips for our clients. 

Insights across South East Asia

Equity Bottom-Up

<ul>
<li>
<a href="https://www.smartkarma.com/entities/bank-mandiri-persero-tbk-pt" target="_blank" data-smartkarma-citation="entities:441:1" rel="noopener">Bank Mandiri (BMRI IJ)</a> finished the year with a strong showing of loan growth across the board driven by corporate and commercial loans but micro was also a feature. </li>
<li>Both the bank's consumer app under Livin' and its digital corporate platform under Kopra continue to help drive CASA growth and transactions plus the bank is opening "smart" branches. </li>
<li>
<a href="https://www.smartkarma.com/entities/bank-mandiri-persero-tbk-pt" target="_blank" data-smartkarma-citation="entities:441:1" rel="noopener">Bank Mandiri (BMRI IJ)</a> is optimistic about the outlook for loan growth and NIMs in 2023, with its digital initiatives continuing to gain traction and drive growth. Valuations are attractive.</li>
</ul>



Bank Mandiri (BMRI IJ) finished the year with a strong showing of loan growth across the board driven by corporate and commercial loans but micro was also a feature. 
Both the bank's consumer app under Livin' and its digital corporate platform under Kopra continue to help drive CASA growth and transactions plus the bank is opening "smart" branches. 

Bank Mandiri (BMRI IJ) is optimistic about the outlook for loan growth and NIMs in 2023, with its digital initiatives continuing to gain traction and drive growth. Valuations are attractive.


Bank Mandiri (BMRI IJ) - Brimming with Convenience and Returns

Bank Mandiri Persero

Bank Mandiri (BMRI IJ) - Brimming with Convenience and Returns