Banks prepared


PETALING JAYA: The resilience of the banking sector will be put to test once again with new Covid-19 cases creeping up recently, which have sparked concerns of renewed restrictions.

Looking back at the targeted nature of the movement control order (MCO) 2.0 that was implemented in January where businesses were allowed to operate, the worst-case scenario of an MCO 3.0 would not be that damaging to the economy.

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Covid , resurgence , OCBC , MIDF Research , loans , Bank Negara , OPR

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