DESPITE Covid-19-related challenges, Malaysian banks have seen a rise in profitability year-to-date, mainly due to lower provisions and better net interest margins from last year. Last year, banks were hit by increased provisions from the impact of the loan moratorium as well as low interest rates....
As such, the stock prices of most banks were beaten down. With the lower-than-expected provisions this year and better asset quality management, the share prices of larger banks have been relative
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星报-商业
2021-12-18 00:00:00.0