BNM’s OPR stance: MIDF stays positive on banking

BNM’s OPR stance: MIDF stays positive on banking. [Newspaper] (2021)

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Abstract

KUALA LUMPUR: MIDF Amanah Investment Bank Bhd (MIDF) has maintained its positive stance on the banking sector, following Bank Negara Malaysia’s (BNM) move to maintain the Overnight Policy Rate (OPR) at 1.75 per cent. In a statement, BNM said it deemed the current stance of the monetary policy to be appropriate and accommodative, thus supporting economic recovery. In a research note Thursday, MIDF said the move will provide a reprieve for banks’ net interest margin (NIM) this year.

Item Type:	Newspaper
Keywords:	Banking, Overnight Policy Rate, Moratorium, Revenue growth, Economic Growth
Taxonomy:	By Subject > Business & Management > Economics By Subject > Business & Management > Finance
Local Content Hub:	Subjects > Business & Management
Depositing User:	Normah Sadaiee
Date Deposited:	28 Jun 2021 07:22
Last Modified:	28 Jun 2021 07:22
Related URLs:	Download / view fulltext from publisher site.

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