Affin Hwang: Favourable outlook for local banks


Affin Hwang Capital Research said an improving global economic outlook and relatively stronger commodity prices could set the stage for a further rebound in banking sector earnings this year.

 PETALING JAYA: Despite subdued loan growth, banks in Malaysia are seeing favourable underlying trends that could boost their earnings.

Affin Hwang Capital Research said an improving global economic outlook and relatively stronger commodity prices could set the stage for a further rebound in banking sector earnings this year.

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