BTPN Syariah Lowers FY23 Guidance: A Value Buy with Upside Risk
BTPN Syariah’s post-results call with management revealed a cautious tone, but their revised FY23 guidance is considered conservative. The bank is deliberately selective in underwriting quality in Java, which makes up 63% of its portfolio. They plan to write off between Rp1.0-1.1t of its financing portfolio and have provisions in place to match the entire … Read moreBTPN Syariah Lowers FY23 Guidance: A Value Buy with Upside Risk