Malaysian banks' net interest margins likely under pressure

Potential slower economic growth next year may put a drag on banks' earnings moving forward, but analysts believe that pre-emptive provisions made earlier may cushion the impact.

PETALING JAYA: Net interest margins (NIMs) of banks are expected to come under pressure and affect earnings in the medium-term as competition for deposits intensifies.

The slower economic growth next year may also put a drag on bank’s earnings moving forward, but analysts believed pre-emptive provisions made earlier may cushion the impact.