PT Bank Danamon Indonesia Tbk - Company Profile
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PT Bank Danamon Indonesia Tbk (Danamon) offers a wide range of banking and related financial services across Indonesia. Sound capital adequacy, business performance of retail, net interest margin and asset quality are some of its strengths, even as a decline in non-interest income could be considered as causes for concern. The emergence of FinTech companies, strategic initiatives, growth in general insurance segment in Indonesia, and growing cards and payments channels could offer ample growth opportunities to the bank. However, risks related to online identity theft and hacking, market fluctuations and emergence of neobanks could affect the bank’s business performance.
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