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Fitch expects Malaysian banks to offer higher rates on longer-term FDs


Fitch Ratings expects Malaysian banks to offer higher rates on longer-term deposits to further move away from short-term funding.

Fitch Ratings expects Malaysian banks to offer higher rates on longer-term deposits to further move away from short-term funding.

KUALA LUMPUR: Fitch Ratings expects Malaysian banks to offer higher rates on longer-term deposits to further move away from short-term funding, which is discouraged under the proposed new net funding rules and liquidity coverage ratio (LCR).

The ratings agency said on Wednesday banks were likely to continue to prioritise stable sources of funding and over a longer term, as they grow their balance sheets.

Banking

   

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