Lenders stay resilient


Strong liquidity and capital buffers set to avert downgrade by international rating agencies

PETALING JAYA: Despite the Covid-19 pandemic showing no signs of abating, the Malaysian banking sector as a bellwether of the economy is expected to hold up from being downgraded by international rating agencies.

Analysts and economists attributed this resiliency to the sector’s strong liquidity and capital buffers underpinned by the country’s strong fundamentals.

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