PETALING JAYA: The outlook for the Malaysian banking sector for 2022 is stable as economic activities are expected to return to pre-pandemic levels, leading to more jobs and higher wages.
A gradual increase in interest rates, according to IHS Markit, would also support the sector as it would help banks improve net interest margins and profitability, Bernama reported.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!