Amid the Middle East tensions, BCA maintains confidence in the government and financial authorities, believing they would take responsive and precise measures to keep the nation's economy stable, Hera F. Haryn stated here on Tuesday.
"At the same time, BCA continues to monitor market movements, including possible shifts in investor preferences toward safe-haven assets," she said, commenting on the geopolitical conflict's effects on Indonesia.
To address the current situation, BCA is also keeping a close watch on global macroeconomic developments, Haryn, who serves as executive vice president of BCA's Corporate Communication and Social Responsibility, stated.
The bank also continues to seek solutions and provide products that meet customers' increasingly dynamic needs, Haryn remarked.
The Iran-Israel conflict escalated after Tel Aviv launched surprise attacks on Tehran's nuclear sites and military facilities on June 13.
In response to these attacks and the killing of several top Iranian officials, Tehran launched retaliatory strikes on Israeli targets on Friday evening, local time.
IRNA quoted a senior Iranian military official, General Ahmad Vahidi, as saying that the retaliatory strikes -- known as Operation True Promise III -- would "continue for as long as necessary."
The United States, a staunch supporter of Israel for decades, entered the war by bombing three Iranian nuclear sites on Sunday, June 22.
At the same time, the Russia - Ukraine conflict in Europe continues.
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Translator: Bayu S, Rahmad Nasution
Editor: Primayanti
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