PETALING JAYA: The recent Bank Negara revised guidelines on restructured and rescheduled (R&R) loans could hit the asset quality of banks and impact its earnings this year amid the compression in net interest margins, slower loan growth and softer capital market activities in the banking sector.
Under the guidelines, new R&R loans effective April 1 in the Central Credit Reference Information System (CCRIS) would be classified as impaired. CCRIS is used by banks as part of their assessment of borrowers’ creditworthiness.
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