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KUALA LUMPUR: The headline inflation for June decreased to -1.9% compared with -2.9% in May, driven largely by the higher domestic retail fuel prices during the month.
Analysts see improving economic outlook, strong fundamentals
However, domestic loan growth is stable at 3.9% in May
KUALA LUMPUR: Domestic banks set aside more provisions for loan impairments in the first quarter ended March 31,2020 as they brace for more delinquencies when the six-month moratorium ends on Sept 30, according to RAM Ratings.
FOR 35-year-old Sam, who works as an engineer in the aviation sector, the past few months have been distressing to say the least.
THE trend of rising provisions in the banking sector during this uncertain economic period is evident in the most recent banking statistics released by Bank Negara.