KUALA LUMPUR: Smaller banks such as Bank Islam Malaysia Bhd (BIMB), Affin Bank Bhd and Alliance Bank Malaysia Bhd (ABMB) will be the biggest beneficiaries of Bank Negara's recent increase in the overnight policy rate (OPR), said RHB Research.
According to the research house, while the normalisation in the monetary policy will be moderately positive for banks, the three smaller institutions will see the biggest net interest margin (NIM) expansion and earnings boost.
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