Alliance Bank cautious on FY26 growth outlook

Alliance Bank Malaysia Bhd group chief executive officer Kellee Kam.

KUALA LUMPUR: The revision of Malaysia’s gross domestic product (GDP) growth for this year to between 4% and 4.8% by Bank Negara is considered decent, says Alliance Bank Malaysia Bhd.

On Monday, the central bank had lowered its GDP projection for this year from between 4.5% and 5.5% to between 4% and 4.8%, taking into account potential tariff impacts and other external risks.