PETALING JAYA: Banks in Malaysia now face a higher risk of asset deterioration as a result of the recently introduced six-month debt moratorium.
According to Moody’s, there could be an increase in banks’ impaired loans after the moratorium ends, especially if the Covid-19 outbreak is prolonged.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!