Moody's: Indonesia banks get new ratings

Moody's Investors Service said it implemented its refined joint default analysis methodology in Asia, which requires the assignment of global local-currency deposit ratings to banks, including Indonesian banks.

The global local-currency deposit ratings assigned include Bank Danamon Indonesia at Baa3/prime-3; Bank Internasional Indonesia at Baa3/prime-3; Bank Mandiri at Baa2/prime-3; Bank Negara Indonesia at Baa2/prime-3; Bank Niaga at Baa3/prime-3; Bank Permata at Baa3/prime-3; Bank Tabungan Negara at Baa2/prime-3; and Pan Indonesia Bank at Baa3/prime-3.

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