Bank Negara: Lenders on solid footing

“Any indirect exposure from counter-parties or borrowers with linkages to the US banks is also very limited,” said Bank Negara. — Bloomberg

KUALA LUMPUR: Bank Negara says the country’s lenders have no direct exposure to failed United States banks and local the banking system remains well-capitalised.

“Any indirect exposure from counter-parties or borrowers with linkages to the US banks is also very limited,” the central bank said in an emailed response to questions by Bloomberg News.