With Public Bank and Hong Leong Bank scoring at 37 to 38 points versus peers’ 10 to 24 points, they are potentially the most defensive against any increase in the industry’s GIL in 2021F arising from the Covid-19 outbreak.
KUALA LUMPUR: Public Bank and Hong Leong Bank are top scorers for banks' defensiveness against credit risks under CGS-CIMB Equities Research's new scoring methodology.
In its report on Thursday, it said Public Bank and Hong Leong Bank scored the highest at 37 to 38 points versus peers’ 10 to 24 points.
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