MORE local banks are seen likely to follow in the footsteps of some of their peers which have in recent weeks sought to raise their Tier-2 capital by issuing US dollar-denominated subordinated bonds or notes.
AmResearch executive director Gan Kim Khoon said the rationale for the banks' move to increase their Tier-2 capital was to optimise the use of such capital and improve returns on equity (ROE).
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
