Banking Update

Fitch Ratings Indonesia reaffirmed its rating for eight regional development banks (BPD) as said banks have stable prospect, and less risk of default. That eight BPDs are Bank Pembangunan Daerah Jawa Barat dan Banten (BJBR), Bank DKI, Bank Pembangunan Daerah Riau Kepri (Bank Riau Kepri), Bank Pembangunan Daerah Bali (BPD Bali), Bank Pembangunan Daerah Lampung (Bank Lampung), Bank Pembangunan Daerah Maluku dan Maluku Utara (Bank Maluku), Bank Sulutgo (Bank Sulutgo), and Bank Pembangunan Daerah Jambi (Bank Jambi).

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