Fitch Rating Affirm BBRI at BB+

Fitch Ratings-Jakarta/Taipei/Singapore-28 November 2011: Fitch Ratings has today affirmed PT Bank Rakyat Indonesia (Persero) Tbk's (BRI) Long-term Foreign-Currency at 'BB+' with a Positive Outlook, Short-term Foreign Currency IDR at 'B', National Long-Term Rating at 'AAA(idn)' with a Stable Outlook, Individual Rating at 'C/D', Viability Rating at 'bb+', Support Rating at '3' and Support Rating Floor at 'BB+'. The agency has also affirmed BRI's five-year rupiah subordinated bond issued in 2009 at 'AA(idn)' which, under Fitch's hybrid security rating criteria, is two notches below the National Long-Term Rating to reflect the issue's cumulative coupon deferral features

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