Oversupply of commercial space to impact banking sector


PETALING JAYA: The oversupply of office space and shopping complexes would impact the banking sector negatively but not significantly, a CIMB Research report on banking says.

Quoting Bank Negara, which had held an analyst briefing in late September, the report drew attention to Public Bank Bhd, the largest financier of commercial space at RM78.7bil as at end-December 2017, 93% higher than Malayan Banking Bhd’s (Maybank) RM40.8bil.

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