Improved earnings prospects for banks

TA Research forecasts a 7.3% earnings growth for banks this year.

KUALA LUMPUR: Earnings prospects for the banking sector in Malaysia are expected to improve in 2024, in tandem with the anticipated rebound in the domestic economy.

According to TA Research, the sector’s earnings growth this year will be anchored by three themes – more robust domestic spending, rising green investments and a return of foreign interests.