Solid banking performance

KUALA LUMPUR: Moody’s Investors Service says its six rated Malaysian banks showed a solid performance in 2017, with additional improvements likely in some areas in 2018, while asset quality will benefit from stronger macroeconomic conditions.

Moody’s vice president and senior analyst Simon Chen said the asset quality and profitability of the six banks generally improved in 2017, while their capitalisation and funding remained adequate.