Malaysian banks will deliver resilient operating performance in 2024, says S&P Global Ratings


KUALA LUMPUR: Malaysian banks will overcome external headwinds to deliver a resilient operating performance in 2024 with strong domestic economic conditions expected to support borrowers and limit slippages into non-payment, said S&P Global Ratings today.

Its credit analyst Nikita Anand said asset quality for Malaysian banks would benefit from the country's stable economic conditions and low unemployment rate.

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