Fitch Ratings Indonesia has rated for four local bank owned by foreign investors. The agency affirmed PT Bank Tabungan Pensiunan Nasional Tbk (IDX: BTPN) at AAA. While its unit PT BTPN Syariah’ National Long Term Rating AA to Positive Rating Watch. Then, PT Bank KEB Hana Indonesia rating lift up from F3 to F2, PT Woori Saudara Indonesia 1906 Tbk (IDX: SDRA) AAA level and PT Sinarmas Hana Finance A+. The Outlook given by Fitch Ratings for the three financial institutions is ‘stable’.
