Ratings On Indonesia Financial Institutions Affirmed Under Revised Criteria - S&P Global Ratings’ Credit Research

Ratings On Indonesia Financial Institutions Affirmed Under Revised Criteria

Ratings On Indonesia Financial Institutions Affirmed Under Revised Criteria - S&P Global Ratings’ Credit Research
Ratings On Indonesia Financial Institutions Affirmed Under Revised Criteria
Published Jan 20, 2022
7 pages (2584 words) — Published Jan 20, 2022
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About This Report

  
Abstract:

We reviewed our ratings on Indonesia banks and a nonbank financial institution under our revised criteria. We affirmed our ratings on these entities, and the outlooks are unchanged. Singapore (S&P Global Ratings) Jan. 21, 2022--S&P Global Ratings today said it affirmed its issuer and issue credit ratings on the following Indonesia financial institutions. The affirmations follow a revision to our criteria for rating banks and nonbank financial institutions and for determining a Banking Industry Country Risk Assessment (BICRA) (see "Financial Institutions Rating Methodology," published Dec. 9, 2021 and "Banking Industry Country Risk Assessment Methodology And Assumptions," published Dec. 9, 2021). The affirmations include: PT Bank Negara Indonesia (Persero) Tbk. (BNI) PT Bank Rakyat Indonesia (Persero) Tbk. (BRI) PT Bank Mandiri

  
Brief Excerpt:

...January 20, 2022 - We reviewed our ratings on Indonesia banks and a nonbank financial institution under our revised criteria. - We affirmed our ratings on these entities, and the outlooks are unchanged. Singapore (S&P Global Ratings) Jan. 21, 2022--S&P Global Ratings today said it affirmed its issuer and issue credit ratings on the following Indonesia financial institutions. The affirmations follow a revision to our criteria for rating banks and nonbank financial institutions and for determining a Banking Industry Country Risk Assessment (BICRA) (see "Financial Institutions Rating Methodology," published Dec. 9, 2021 and "Banking Industry Country Risk Assessment Methodology And Assumptions," published Dec. 9, 2021). The affirmations include: - PT Bank Negara Indonesia (Persero) Tbk. (BNI) - PT Bank Rakyat Indonesia (Persero) Tbk. (BRI) - PT Bank Mandiri (Persero) (Mandiri) - PT Perusahaan Pengelola Aset (Persero) (PPA) Our outlooks on these entities remain unchanged. Our assessments of...

  
Report Type:

Ratings Action

Ticker
BMRI@IJ
Issuer
PT Bank Mandiri (Persero)
GICS
Diversified Banks (40101010)
Sector
Global Issuers
Country
Indonesia
Region
Emerging Markets
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Ratings On Indonesia Financial Institutions Affirmed Under Revised Criteria" Jan 20, 2022. Alacra Store. May 23, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Ratings-On-Indonesia-Financial-Institutions-Affirmed-Under-Revised-Criteria-2783475>
  
APA:
S&P Global Ratings’ Credit Research. (). Ratings On Indonesia Financial Institutions Affirmed Under Revised Criteria Jan 20, 2022. New York, NY: Alacra Store. Retrieved May 23, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Ratings-On-Indonesia-Financial-Institutions-Affirmed-Under-Revised-Criteria-2783475>
  
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