JAKARTA (Yosefardi) – Shares of banks were mixed in opening trade this morning while Fitch Ratings has affirmed the ratings of four Indonesia state-owned banks.
Ratings of Bank Mandiri, Bank Rakyat Indonesia, Bank Negara Indonesia are affirmed at ‘BBB-‘ by Fitch Ratings, while Bank Tabungan Negara’s National Long-Term Rating is affirmed at ‘AA(idn)’.
Fitch also affirmed the National Long-Term Rating of PT Mandiri Tunas Finance, a subsidiary of Mandiri, at ‘AA(idn).
At 9.24 am Jakarta time, Bank Negara Indonesia gained 0.55%, Bank Rakyat Indonesia rose 1.24%, and Bank Danamon increased 0.6%.
While Bank Central Asia fell 1.4%, Panin Bank lost 2.94%, and Bank Mandiri down 0.58%. While Bank Tabungan Negara was flat.