Banks in good shape


PETALING JAYA: Local banks should be able to weather the slower economic growth expected this year amid lingering uncertainties over US tariffs on a combination of low levels of impaired loans, sound underwriting practices and healthy capital and provisioning buffers.

RHB Banking Group managing director and group CEO Datuk Mohd Rashid Mohamad believes the domestic banking sector enters the second half of 2025 in a position of strength.

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