|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||20.18 - 20.30|
|52 Week Range||17.84 - 23.00|
|Beta (5Y Monthly)||0.92|
|PE Ratio (TTM)||13.72|
|Forward Dividend & Yield||1.04 (5.12%)|
|Ex-Dividend Date||Nov 10, 2021|
|1y Target Est||24.85|
Rating Action: Moody's revises Panin Bank's outlook to positive from stable; affirms ratingsGlobal Credit Research - 14 Dec 2021Singapore, December 14, 2021 -- Moody's Investors Service has today revised Pan Indonesia Bank TBK (P.T.)'s (Panin Bank) rating outlook to positive from stable.At the same time, Moody's has affirmed the bank's Baa3 long-term local and foreign currency deposit ratings, as well as its ba1 Baseline Credit Assessment (BCA).The rating action reflects the significant increase in Panin Bank's capitalization, which Moody's expects will remain at high levels over the next 12-18 months.The full list of affected ratings is provided at the end of this press release.RATINGS RATIONALEThe change in outlook reflects the sharp increase in Panin Bank's capitalization, with the bank's Common Equity Tier 1 ratio rising to 27.8% as of 30 September 2021 from 20.5% two years ago. Moody's expects Panin Bank will maintain the regulatory capital ratio -- which is now the highest among Moody's-rated banks in Indonesia -- given the bank's conservative track record in terms of loan growth and dividend payouts.The asset risk on Panin Bank's balance sheet remains high, with restructured loans that are classified as current constituting more than 22% of the bank's gross loans as of 30 September 2021.
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