Civil service test for RCE

By DOREENN LEONG

THE fragility of Malaysia’s non-bank financing industry has been laid bare, with RCE Capital Bhd ’s latest earnings.

Its heavy reliance on civil servants, a borrower base that has long been prized for its stability, has now become a flawed plan.

Tags / Keywords: NonBanking , CivilServants , AssetQuality , LoanDefaults , MonetaryEasing , Microlending , PersonalFinancing , DividendYield

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