0619 GMT - Indonesian banks are set for a positive year, CGS International analysts write in a note. Loan demand from businesses is likely to be better in 2026, thanks to increased government spending and better clarity on policies. "Banks' monthly funding costs have improved from [September 2025], and we believe this will provide a good foundation," the analysts say. CGS International maintains an overweight rating on Indonesia's banking sector, citing a positive outlook for loan demand and continued improvement in lenders' funding costs. Bank Mandiri and Bank Central Asia are its top sector picks due to their expertise in wholesale banking, among other factors. (amanda.lee@wsj.com)
(END) Dow Jones Newswires
January 08, 2026 01:19 ET (06:19 GMT)
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