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Moody's: 10 Indonesia banks' outlook to positive
Moody's Investors Service said it changed the outlooks for the Ba3 foreign-currency long-term deposit ratings of 10 Indonesian banks to positive from stable. All other ratings are unaffected.
The 10 banks are Bank Central Asia, Bank CIMB-Niaga, Bank Danamon Indonesia, Bank Internasional Indonesia, Bank Mandiri, Bank Negara Indonesia, Bank Permata, Bank Rakyat Indonesia, Bank Tabungan Negara and Pan Indonesia Bank.
The outlook revisions are in line with the changes in outlook to positive from stable for Indonesia, Moody's said.
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