PETALING JAYA: After a disappointing fourth quarter, the banking sector is poised for an earnings downgrade with analysts projecting lower average net profit growth of between 6% and 7% this year.
Analysts contacted by StarBiz said post fourth quarter 2014 (4Q14) performance, earnings for the sector this year would remain subdued. Some of the key drivers that could impact earnings growth for banks are the current weak capital market activities.
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