Banks loans
PETALING JAYA: Despite tightening the enforcement of the movement control order (MCO) 3.0, the banking sector is expected to hold up even though the stricter ruling will dampen business and consumer sentiment.
Most analysts are maintaining their loan growth projection for the year. While they anticipate the gross impaired loan (GIL) ratio to inch up, as the stricter enforcement may weaken some borrowers’ debt-paying ability, they say the number will likely remain benign.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
