Banks were among the decliners at midday
PETALING JAYA: Malaysian banks are expected to be stable in 2016 with net profit forecasted to grow 11.2% on the back of an estimated 6.9% rise in net interest income and a 9.5% increase in non-interest income, according to CIMB Group
chief executive Tengku Datuk Seri Zafrul Aziz.
He said this in a statement on the overall 2016 banking sector/Malaysian economic outlook.
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