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Star Exclusive - Banks banking on budget to spur growth


Responding to queries from StarBiz ahead of the Budget 2021 on Nov 6, CIMB Bank said: “As the country is still grappling with the impact of the pandemic, the upcoming budget will likely continue to focus on assisting the Malaysian public and businesses in overcoming stresses created by the virus outbreak.

PETALING JAYA: With the banking sector bracing for a tough year, there are calls for initiatives in the upcoming Budget 2021 to spur the industry’s growth and minimise the impact of the headwinds, which have been exacerbated by the Covid-19 pandemic.

Responding to queries from StarBiz ahead of the Budget 2021 on Nov 6, CIMB Bank said: “As the country is still grappling with the impact of the pandemic, the upcoming budget will likely continue to focus on assisting the Malaysian public and businesses in overcoming stresses created by the virus outbreak.

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banking , Budget 2021 , growth , fiscal spending , CIMB , Justin Ong ,

   

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