Malaysian banks’ asset quality recovery is expected to be protracted beyond this year and is looking at returning to pre-Covid levels by 2023, said S&P Global Ratings. South and Southeast Asia (SSEA) Financial Services Ratings director, Ivan Tan said this was because of the delayed economic recovery due to the third wave of Covid-19 which had negatively impacted the banks
Malaysian banks’ asset quality can recover to pre-pandemic levels by 2023 — S&P
2021-04-14T16:48:37-04:00April 14th, 2021|
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