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The debt moratorium for borrowers was the centrepiece of the economic rescue package that was first announced on March 24.
KUALA LUMPUR: CGS-CIMB Equities Research is impressed by AMMB’s ability to outperform its peers in growing its net interest income in the final quarter ended March 31,2020 (FY2020).
PHNOM PENH (The Phnom Penh Post/ANN): Cambodia's financial sector remains on a sustainable growth path despite the Covid-19 pandemic squeezing crucial industries, National Bank of Cambodia (NBC) governor Chea Chanto said.
KUALA LUMPUR: Alliance Bank Malaysia Bhd is taking the precaution of having additional liquidity to mitigate any payment shock once the loan moratorium ends in September.
PETALING JAYA: Despite the gradual reopening of the economy, the path ahead for banks remains bumpy at best until next year, with multiple economic headwinds weighing on the sector
MUMBAI: State Bank of India said its profit jumped fourfold due to muted provisions, as the country’s largest lender expressed confidence it has enough of a bad loan cushion to withstand the effect of the corornavirus pandemic.