PETALING JAYA: With Bank Negara raising its interest rate sooner than expected, it is a positive surprise for banks that were previously affected by margin compression.
Analysts forecast an improvement in net interest margin (NIM) of banks, albeit at varying degrees, following the increase in the overnight policy rate (OPR) from 1.75% to 2%.
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!