Malaysian banks are well positioned to face potential asset quality deterioration - RAM Ratings

KUALA LUMPUR: Malaysian banks are well positioned to face potential asset quality deterioration arising from inflationary pressures, higher interest rates and the threat of slower global growth, said RAM Rating Services Bhd (RAM Ratings).

Its co-head of financial institution ratings Wong Yin Ching said it believes the recent collapse of Silicon Valley Bank (SVB) and two smaller banks in the United States will have no rating impact on domestic banks.