Moody's may up Indonesia banks

Moody's Investors Service said it placed the Ba3 foreign-currency long-term deposit ratings of 10 Indonesian banks on review for possible upgrade.

The 10 banks are Bank Central Asia, Bank CIMB-Niaga, Bank Danamon Indonesia, Bank Internasional Indonesia, Bank Mandiri, Bank Negara Indonesia, Bank Permata, Bank Rakyat Indonesia, Bank Tabungan Negara and Pan Indonesia Bank.

The reviews are in line with the reviews for possible upgrade for Indonesia's Ba2 foreign-currency and local-currency government bond ratings, Ba3 foreign-currency deposit ceiling and Ba1 foreign-currency bond ceiling.

Bank Central Asia's Ba3 foreign-currency long-term deposit rating was placed on review for possible upgrade. Its Baa3 global local-currency deposit rating, Ba1 foreign issuer rating , not-prime foreign-currency short-term deposit rating, Ba1 baseline credit assessment and stable outlook are unaffected.

Bank CIMB-Niaga's Ba3 foreign-currency long-term deposit rating was placed on review for possible upgrade. Its Baa3 global local-currency deposit rating, Ba1/Ba1 foreign-currency issuer/subordinated debt rating, not-prime foreign-currency short-term deposit rating, Ba2 baseline credit assessment rating and stable outlook are unaffected.

Bank Danamon Indonesia's Ba3 foreign-currency long-term deposit rating was placed on review for possible upgrade. Its Baa3 global local-currency deposit rating, not-prime foreign-currency short-term deposit rating, Ba2 baseline credit assessment and stable outlook are unaffected.

Bank Internasional Indonesia's Ba3 foreign-currency long-term deposit rating was placed on review for possible upgrade. Its Baa3 global local-currency deposit rating, Ba1/Ba1 foreign-currency issuer/subordinated debt rating, not-prime foreign-currency short-term deposit rating, Ba2 baseline credit assessment rating and stable outlook are unaffected.

Bank Mandiri's Ba3 foreign-currency long-term deposit rating was placed on review for possible upgrade. Its Baa3 global local-currency deposit rating, not-prime foreign-currency short-term deposit rating and Ba2 baseline credit assessment are unaffected.

Bank Negara Indonesia's Ba3 foreign-currency long-term deposit rating was placed on review for possible upgrade. Its Baa3 global local-currency deposit rating, not-prime foreign-currency short-term deposit rating, Ba3 baseline credit assessment and stable outlook are unaffected.

Bank Permata's Ba3 foreign-currency long-term deposit rating was placed on review for possible upgrade. Its Baa3 global local-currency deposit rating, not-prime foreign-currency short-term deposit rating, Ba3 baseline credit assessment rating and stable outlook are unaffected.

Bank Rakyat Indonesia's Ba3 foreign-currency long-term deposit rating was placed on review for possible upgrade. Its Baa3 global local-currency deposit rating, not-prime foreign-currency short-term deposit rating, Ba1 baseline credit assessment and stable outlook are unaffected.

Bank Tabungan Negara's Ba3 foreign-currency long-term deposit rating was placed on review for possible upgrade. Its Baa3 global local-currency deposit rating, not-prime foreign-currency short-term deposit, Ba3 baseline credit assessment and stable outlook are unaffected.

Pan Indonesia Bank's Ba3 foreign-currency long-term deposit rating was placed on review for possible upgrade. Its Baa3 global local-currency deposit rating, not-prime foreign-currency short-term deposit rating, Ba3 baseline credit assessment and stable outlook are unaffected.

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