Foreign banks losing market share in Malaysia

According to TA Research, the combined net interest income (NII) of Standard Chartered, OCBC, Citibank and UOB

PETALING JAYA: Recent Bank Negara statistics indicate that foreign banks have been losing market share on Malaysian turf.

According to TA Research, the combined net interest income (NII) of Standard Chartered, OCBC, Citibank and UOB’s Malaysian operations have contracted for five straight quarters.