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Indonesia Banking Strategy 2Q23 Insights by botoy26 is a document available to read on EtoBox.

What is Indonesia Banking Strategy 2Q23 Insights about?

The document summarizes 2nd quarter 2023 corporate earnings results in Indonesia. It finds that overall results were slightly ahead of expectations, lifted by strong performances from large banks, ASII, and UNTR. However, most mid-caps struggled with 41% reporting profits below estimates. Results are expected to remain mixed in 3Q2023 but may improve in 4Q2023 as election spending increases. Large banks are predicted to continue posting solid numbers while mid-caps remain uneven. The outlook suggests global

Author

botoy26

Language

EN