PRESS RELEASE

PT Bank Danamon Indonesia Tbk (Danamon) remains optimistic about market dynamics following the announcement of the new cabinet, which appointed Sri Mulyani Indrawati as Minister of Finance on 20 October 2024. Under the leadership of President Prabowo Subianto, this appointment is widely regarded as a strong indication of continued stability and disciplined fiscal policy. This sentiment was reinforced by the Composite Stock Price Index (IHSG) rising by 0.89% and the rupiah strengthening against the US dollar by 20 points the next day.

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