Bank Negara: Local lenders remain resilient


PETALING JAYA: The recovery in earnings, pre-emptive provisioning practices, and active risk-management strategies are expected to continue to support the resilience of banks moving forward.

Bank Negara said this in its Financial Stability Review (FSR) report for the second half of 2021, adding that going forward, monetary policy normalisation in advanced economies could lead to outflows from emerging market economies, including Malaysia, and therefore, raise funding costs.

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