Concerns mount on banks

“The stress tests showed that Public Bank Bhd would be the most defensive against any increase in the LLP," CGS-CIMB Research said.

PETALING JAYA: Concerns surrounding banks continue to mount as the dateline for the removal of the moratorium given to customers by lenders draws closer.

CGS-CIMB Equities Research in a report to clients said there could be a risk of banks’ loan loss provisions (LLP) staying elevated next year, as their gross impaired loan (GIL) ratios could spike in the fourth quarter of the year with the conclusion of the loan moratorium period.