0745 GMT - Indonesian banks' 2025 net interest margin is projected to remain resilient, CGS International analysts say as loans could be repriced higher. Competition for loan volumes has likely begun easing, they say. Major banks have likely been adjusting up their loan yields in 4Q 2024 and in 1Q 2025 to maintain their NIM and maximize profits, they add. CGS International maintains an overweight rating on Indonesia's banking sector as the banks offer attractive 3%-9% dividend yield and 6.5% EPS growth in 2025. It pegs Bank Syariah Indonesia, Bank Negara Indonesia and Bank Rakyat Indonesia as its top picks.(amanda.lee@wsj.com)
(END) Dow Jones Newswires
January 16, 2025 02:45 ET (07:45 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.