Banking sector oversold amid tariff issue


Kenanga Research opined that the headwinds on net interest margins are less pronounced than before as funding costs ease.

PETALING JAYA: The banking sector is oversold amid lingering uncertainties over tariffs, according to Kenanga Research.

“Based on past performances, we believe banks are adopting a conservative guidance on loan growth (where concerns may lie on more regionally exposed banks), while asset quality remains a minimal concern,” it said.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Perak Transit appoints Ismail Jamal as general manager
Pantech cautiously positive on outlook
AmBank Group provides RM103.8mil financing for Kedah solar project
Malaysia Aviation Group names Bryan Foong airline business CEO, Low Wen Long strategy chief
FBM KLCI rebounds to reclaim 1,700 level
Oil prices fall as risks from Kazakh production halt subside
Gold zooms past US$4,800 for the first time as Greenland tensions simmer
Maybank aims to mobilise RM300bil in sustainable finance by 2030
Airbus reaffirms long-term commitment to Malaysia’s aerospace sector
High court approves Capital A's capital reduction, working towards PN17 status uplift

Others Also Read