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Citi, HSBC, StanChart Send More Indonesia Profits Back Home as Prabowo Demands Rise
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Citi, HSBC, StanChart Send More Indonesia Profits Back Home as Prabowo Demands Rise

Bloomberg Markets · Jun 28, 2026, 11:00 PM

The three biggest foreign banks in Indonesia have shipped around $640 million of their earnings out of Southeast Asia’s largest economy since 2024 as they pare exposure amid President Prabowo Subianto’s increasingly state-focused economic policies.

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