Fitch Ratings Indonesia has affirmed the national ratings of seven Indonesian regional development banks. They reflect Fitch’s view that the banks are important to the development of Indonesia’s regional economies, indicated by market shares of up to 25% of total assets in their respective regions, but are only of limited systemic importance at the national level.

The bank’s outlook is stable, includes PT Bank Pembangunan Daerah Bali (BPD Bali), PT Bank Pembangunan Daerah Banten, Tbk (Bank Banten), PT Bank Pembangunan Daerah Jambi (Bank Jambi), PT Bank Pembangunan Daerah Lampung (Bank Lampung), PT Bank Pembangunan Daerah Maluku dan Maluku Utara (Bank Maluku), PT Bank Pembangunan Daerah Riau Kepri (Bank Riau Kepri), and PT Bank Pembangunan Daerah Sulawesi Utara Gorontalo (Bank Sulutgo).