Banks to record 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, says S&P Global Ratings.

Credit analyst Nikita Anand said asset quality for the banks would benefit from the country’s stable economic conditions and low unemployment rate.

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S&P Global Ratings , NPLs , loans , SMEs

   

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