S&P revises Indonesia Eximbank view downward

S&P said it revised the outlook for Indonesia Eximbank to negative from stable following the agency’s revision of the outlook on Indonesia to negative from stable on Friday.

“We believe Indonesia Eximbank will continue to play a critical role in the Indonesian government’s economic development plans and policies over the next 24 months,” S&P said in a press release.

The agency affirmed the bank’s BBB long-term rating.

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