0339 GMT - Indonesian banks' 2026 earnings growth recovery are likely to be partly driven by better business sentiment, CGS International analysts write in a report. 4Q loan growth is expected to gain momentum and continue into 2026, as the government increases fiscal spending and provides more clarity on new policies. Wholesale loans should remain the banks' main growth engine, the analysts say. Several business sectors also have strong loan pipelines including healthcare, minerals, telco, as well as transport and logistics. CGS International maintains its overweight rating on Indonesia's banking sector, pegging Bank Mandiri and Bank Central Asia as its top picks. (amanda.lee@wsj.com)
(END) Dow Jones Newswires
December 18, 2025 22:39 ET (03:39 GMT)
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