Gross impaired loan ratio still low at 1.46%
PETALING JAYA: Non-residential mortgages (NRMs) are not expected to pose any significant risk to banks as these only account for a small portion of the system’s total loans.
In a report to clients, CGS-CIMB Research said NRMs only accounted for some 12% of banks’ total loans and its gross impaired loan (GIL) ratio was low at only around 1.46% as of December last year.
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!
