Indonesian state banks surge, private rivals sag over Prabowo's policies
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Source: Nikkei Asia
Published: 2026-05-11 14:10 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Economy & Finance, Financial Markets, Business & Economy, Asia Pacific
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Snippet:
Bank Mandiri, Indonesia's largest lender by assets, is among state-owned banks that enjoyed double-digit profit growth in the January-March quarter. But analysts expect risks from government policies to surmount the windfall over a longer period. © AP
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