Banking system’s asset quality remains healthy: BNM

Banking system’s asset quality remains healthy: BNM. [Newspaper] (2020)

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Abstract

KUALA LUMPUR: The banking system’s asset quality remains healthy post-blanket loan moratorium, said Bank Negara Malaysia (BNM). It said overall gross impaired loans ratio edged higher to 1.43 per cent in October (September: 1.38 per cent), albeit from historically low levels, driven by the household segment. “Total provisions grew by 5.54 per cent for the month of October compared to 7.44 per cent in September as banks continue to set aside additional provisions against future credit losses,” it said in its Monthly Highlights - October 2020 report.

Item Type:	Newspaper
Keywords:	Banking system, Current assets, Bank Negara Malaysia, Moratorium, Loan, Debt
Taxonomy:	By Subject > Business & Management > Finance
Local Content Hub:	Subjects > Business & Management
Depositing User:	Normah Sadaiee
Date Deposited:	28 Jun 2021 06:34
Last Modified:	28 Jun 2021 06:34
Related URLs:	Download / view fulltext from publisher site.

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