Throughout 2020, BMRI booked a -37.7% YoY net profit decline; to IDR 17.1 Tn (vs IDR 27.5 Tn in FY19). On top line side, non-interest income performed well, which grew by 4.9%. Facing 2021, the management will focus on the recovery of Net Interest Margin (NIM) and asset quality, with single digit credit growth target.
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