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PETALING JAYA: Despite tightening the enforcement of the movement control order (MCO) 3.0, the banking sector is expected to hold up even though the stricter ruling will dampen business and consumer sentiment.
THE prolonged Covid-19 pandemic had created a wide range of challenges for banks in terms of financial difficulties faced by many, and the management of overall health and safety.
WHILE looking forward to a better operating environment, banks are prepared for the pace of recovery to be uncertain and uneven.
KUALA LUMPUR: OCBC Bank (M) Bhd, one of the earlier adopters of a fair dealing framework in the financial services space, is now fine-tuning its seven-year-old framework to meet the additional demands of Bank Negara’s upcoming Fair Treatment of Financial Consumers (FTFC) policy.