Analysts wary its outlook may be impacted if economic conditions worsen
HOT on the heels of the recent move by Moody’s Investors Service to revise the rating outlook of 10 Malaysian financial institutions, analysts and industry watchers do not expect the banking sector on the whole to be downgraded although its outlook could be impacted if the country’s economic conditions worsen.
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!