KUALA LUMPUR: The Finance Ministry stressed that the banks involved in the issue of unsecured debts by Genting Hong Kong Ltd -- and the Malaysian banking sector as a whole -- are highly resilient in the face of various challenges of business operations.
Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz (pic) said unsecured loans are regular occurrences in the banking sector, and Genting Hong Kong’s bankruptcy declaration was deeply regrettable.
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!
