HLIB Research said that banks are generally looking to preserve their NIM.
PETALING JAYA: Analysts are maintaining a tinge of positivity on the banking sector, after the third quarter 2024 results (3Q24) that has largely come within expectations, with further anticipation that net interest margins (NIM) may improve next year.
Hong Leong Investment Bank (HLIB) Research reported that in the just concluded results season, five banks out of eight under its coverage have managed to achieve profits that are in line with anticipations, two above, and one was below.
