KUALA LUMPUR: Asset quality at the largest banks in Malaysia has been more resilient to economic disruptions from the coronavirus outbreak than at their peers in Indonesia, the Philippines and Thailand, according to Moody’s Investor Service.
“The Malaysian banks also have sufficiently strong capital and liquidity buffers relative to their asset risks, although they are not as strong as their regional peers. These factors will enable the Malaysian banks to restore profitability faster than their regional peers,” Moody’s said in a report Thursday.