Investor Materials

Credit Rating

Pefindo

September 2019

Outlook

Stable

Corporate Rating

idAAA

Fitch Rating

June 2020

Outlook

Stable

LT issuer Default rating

BBB

ST issuer default rating

F2

national long term

AAA(IDN)

national short term

F1+(IDN)

viability rating

BB

support rating

2

Moodys

May 2020

Outlook

Stable

Bank Deposits

Baa2 / p-2

Baseline Credit Assesment

baa3

Adjusted Baseline Credit Assesment

baa2


Analyst Coverage

Firm Name

Analyst

Bahana Sekuritas

Prasetya Christy Gunadi

BCA Sekuritas

Tirta Ng

CGS-CIMB

Laurensius Teiseran

CITI

Ferry Wong
Edi Chandren

CLSA

Sarina Lesmana

Credit Suisse

Andri Ngaserin

Indo Premier Sekuritas

Timothy Handerson

JP Morgan

Harsh Wardhan Modi

Mandiri Sekuritas

Tjandra Lienandjaja
Silvony Gathrie

Maybank Kim Eng Sekuritas

Rahmi Marina

Morgan Stanley

Yulinda Hartanto

RHB Sekuritas

Andre Benas

Trimegah Sekuritas

Rifina Rahisa

UBS

Joshua Tanja

Verdhana Sekuritas (Nomura)

Raymond Kosasih