PETALING JAYA: After a generally encouraging first quarter 2022( 1Q22) results, the challenges in the banking sector may weigh on earnings for the year before they gain momentum next year. Among the downside risks are inflationary pressure, global instability amid the Russia-Ukraine war, defaults in corporate debt and a higher-than-expected default rate on repayment assistance loans. CLICK TO ENLARGEMaybank Investment Bank( Maybank IB) is projecting a 2% operating profit growth for this year and
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2022-06-08 00:00:00.0