PETALING JAYA: Public Bank Bhd
has the strongest headroom for potential provision writebacks, and stands to benefit when macroeconomic conditions improve, according to UOB Kay Hian (UOBKH) Research.
The research unit noted the banking group has significant provision buffers built in, as it has set aside RM1.7bil in pre-emptive provisions, which it has yet to consume (versus RM500mil to RM700mil in what UOBKH Research has assessed to be vulnerable loans).
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