According to Affin Hwang Capital Research, the Covid-19 stress has dampened the banking sector outlook in 2020
PETALING JAYA: The outlook remains unfavourable for banks in Malaysia, as earnings are expected to shrink, while assets might deteriorate while liquidity and funding could come under pressure due to new measures introduced by Bank Negara.
According to Affin Hwang Capital Research, the Covid-19 stress has dampened the banking sector outlook in 2020.
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