Veteran banker: BNM to keep rates unchanged


Alliance Bank Malaysia Bhd chief executive officer Kellee Kam. — Bloomberg

KUALA LUMPUR: A veteran banker who led a Malaysian lender to record profit says the South-East Asian country can hold off on further cutting borrowing costs as current levels are sufficient to support growth.

“Inflation numbers are looking pretty healthy and the currency has been on the right side of strength for Malaysia,” Alliance Bank Malaysia Bhd chief executive officer Kellee Kam said in an interview on Tuesday.

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