PETALING JAYA: Public Bank Bhd
’s (PBB) focus on the small and medium enterprise (SME) financing to improve net interest margins (NIMs) is timely but likely to be met with competition from other banks, says Kenanga Research.
According to the research house, the bank said it intends to stay conservative by managing risk and its move to release its loan loss coverage level indicated a steadier grip on asset quality consistent with the positive outlook for Malaysia.
