Bank Rakyat
RAYAT
position
long
William von Mueffling
Thesis
Bank Rakyat is an Indonesian bank specializing in micro lending, which allows it to achieve one of the highest returns on assets in the world. Its extensive network of small offices in remote locations creates a significant moat that is difficult for competitors to replicate, particularly for larger banks like Citibank.
Did it work?
inconclusive
confidence: low
Without specific price performance data or a defined time horizon for the thesis, it's difficult to assess whether the investment thesis has played out. While the bank's unique position in micro lending and its extensive network could suggest potential for growth, the lack of concrete evidence makes it impossible to determine the outcome of the pitch.
Raw excerpt
No raw excerpt stored.