Malaysian Banks Under Pressure
Wong Li Hsia, Analyst, TA Securities
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Malaysia's banking sector remains tepid, with loans growths in April declining 6.3% y-o-y. The landscape remains competitive as banks compete for deposits. Impairments in the industry are still a concern, thus, pressuring Net interest margins (NIMs). Wong Li Hsia, Analyst at TA Securities projects loan growths to be stable at 5.8% supported by a stable interest environment and job market.
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