All eyes on banks as moratorium nears end


This comes on their weaker second-quarter earnings

PETALING JAYA: Banks, which largely recorded weaker second-quarter (Q2) earnings after booking significantly higher net provisions, will continue to be watched with the six-month loan moratorium coming to an end this month.

Loan approvals, which have continued to decline since March, have picked up a little in the past two months following the reopening of the economy.

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