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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.
BANGKOK, July 7 (The Nation Thailand/ANN): Up to 30 per cent of total bank loans may be restructured under the government’s scheme, while local corporates may need up to Bt1.7 trillion liquidity injection to survive the Covid-19 fallout, economists warned, predicting that it will take a while for the economy to fully recover.
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.
The debt moratorium for borrowers was the centrepiece of the economic rescue package that was first announced on March 24.
Testing times for kingdom’s transformation plan
KUALA LUMPUR: Affin Hwang Capital Research is maintaining its underweight outlook on the banking sector with Aeon Credit as its preferred pick.