The three banks are Malayan Banking Bhd (Maybank), CIMB Group Holding Bhd and Public Bank Bhd. Moody’s report followed the release of their first-quarter results
PETALING JAYA: Moody’s Investors Service has said that Malaysia’s three largest banks by assets face growing pressure on profitability from the coronavirus-led downturn, with asset quality likely to deteriorate from 2021 as loan repayment moratoriums expire.
The three banks are Malayan Banking Bhd
(Maybank), CIMB Group Holding Bhd and Public Bank Bhd. Moody’s report followed the release of their first-quarter results.
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