Banks record second quarter of revenue decline, says CIMB Research

  • Banking
  • Thursday, 13 Dec 2018

KUALA LUMPUR: Banks recorded a second consecutive quarter of revenue decline in 3Q18 (-0.8% on-year), says CIMB Equities Research.

It said  on Thursday at the topline, net interest income slid by 2.2% on-year in 3Q18 under the weight of margin contraction arising from stiff deposit competition. 

Banking , Analyst Reports