Moody's keep Stable on Malaysia's banking system

SINGAPORE: The outlook of the Malaysian banking system is stable over the next 12 to 18 months due to a continued high degree of government support to the sector as well as bank’s strong capital and stable funding levels, says Moody’s Investors Service (Moody's).

Moody’s vice president and senior analyst Simon Chen said on Tuesday that these factors offset the moderate deterioration in the bank’s operating environment and profitability profiles.