Banks remain on solid footing


RAM Ratings co-head of Financial Institution Ratings Wong Yin Ching

PETALING JAYA: The banking sector is expected to stay resilient in 2022 amid the challenges of the Covid-19 pandemic.

Even as impairments begin to surface in the coming year, credit losses will be amply cushioned by healthy earnings accretion, comfortable provisioning buffers and solid capitalisation, says RAM Rating Services Bhd.

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