Nikita Anand
Malaysian banks’ asset quality strong but profits to stay flat in 2024
A sustained currency depreciation may affect import-reliant sectors, an analyst warned.
Malaysian banks’ asset quality strong but profits to stay flat in 2024
A sustained currency depreciation may affect import-reliant sectors, an analyst warned.
Malaysian banks “well-placed” to weather 2023 headwinds: S&P
Credit costs are expected to stay flattish and slowing credit growth should be manageable.
India’s banking system privatization plagued with capital, regulatory woes
They need to pump money into lenders before selling them if they want to make them more attractive to potential buyers, reports S&P.
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1. UOB’s net profit climbs to $3.42b YTD amidst fee income growth 2. OCBC launches near-instant P2P transfers to WeChat Pay and Alipay 3. OCBC’s Q3 2024 net profit rises 9% to $1.50b 4. Citigroup’s profitability set to grow by 2025: Moody’s 5. Maybank Singapore taps PracBiz to streamline supply chain financeResource Center
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