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Published on 10/17/2023 in the Prospect News Emerging Markets Daily.

Fitch views Bank Central Asia positively

Fitch Ratings said it revised the outlook on Bank Central Asia Tbk. to positive from stable and affirmed its long-term issuer default rating at BBB-.

“The outlook revisions are underpinned by the change in the outlook on Fitch's Indonesia banking-sector operating environment factor score to positive from stable,” the agency said in a press release.


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