PETALING JAYA: Concerns of a potential spike in banks’ gross impaired loans (GIL) still linger in the market, especially since the targeted repayment assistance will expire in June next year.
CGS-CIMB Research said while the banking industry’s GIL ratio was expected to rise, the loan loss provisioning was expected to drop as banks have front-loaded most of their loan loss provisioning in 2020.
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