KUALA LUMPUR : Asean banks are equipped with adequate loss-absorption buffers which should support their ratings in the face of external headwinds and a slowdown in growth, Fitch Ratings said.
In a commentary on Thursday, the firm said that the operating environment for banks across Asean has become more challenging over the last couple of years. The regon’s banks also face risks stemming from the sharp rise in debt over the past decade and continue to be vulnerable to developments in China, it said.
