The Week That Was in ASEAN@Smartkarma - TAC, Sea Ltd, and SCG Packaging
The Week That Was in ASEAN@Smartkarma is filled with an eclectic mix of differentiated, substantive, and actionable insights, macro and equity...
312 Views
Bank Rakyat Indonesia (BBRI IJ) - Solid MSME Dominator with a Digital Edge
Bank Rakyat continues to increasingly utilise digital channels utilise digital channels to expand its network and reduce costs. Valuations remain...
316 Views
BRI - Spectacular Margins and ALM
Exceptionally high margins are in fact increasing from many factors, yields, funding, ALM, and with accelerating loan growth, the impact to profit...
364 Views
Bank Negara Indonesia (BBNI IJ) - More Than Meets the Eye
Bank Negara Indonesia (BBNI IJ) remains the laggard amongst the top four Indonesian banks but we see this as unjustified given improving returns...
553 Views
Bank Mandiri (BMRI IJ) - Livin' It Up
Bank MandiriĀ (BMRI IJ) has seen its ROE increase to 18% and it trades on 2.0x FY2022 PBV, which continues to look reasonable given improving returns.
405 Views