IHS Markit: Malaysia’s banking sector outlook stable for 2022 | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 86%

Malaysia Headlines News

Malaysia Latest News,Malaysia Headlines

KUALA LUMPUR, Feb 14 — The outlook for the Malaysian banking sector for 2022 is stable as economic activities are expected to return to pre-pandemic levels, leading to more jobs and higher wages. The sector will also be supported by a gradual increase in interest rates that...

KUALA LUMPUR, Feb 14 — The outlook for the Malaysian banking sector for 2022 is stable as economic activities are expected to return to pre-pandemic levels, leading to more jobs and higher wages.

She noted that banking dividends for all four markets are expected to rise by 9.25 per cent on average in financial year 2022 . Tanisha said the dividend payouts were forecast to grow 4.6 per cent y-o-y in FY2022, supported by strong liquidity and capital buffers, but noted that there was a mixed picture in terms of dividends in FY2021.

CGS-CIMB added that this should provide a strong buffer against any increase in GIL in 2022, adding that the management overlay only accounted for an estimated 2.4 per cent of the total loans under repayment assistance.

Source: Financial Digest (financialdigest.net)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in MY

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

McLaren aim to 'close the gap' as 2022 car launched | Malay MailLONDON, Feb 12 ― McLaren unveiled their car for the 2022 season yesterday with team principal Andreas Seidl hoping the MCL36 can “further close the gap to the front of the pack”. The wraps came off the papaya and blue liveried machine in a live virtual show from the team's Woking-based...
Source: malaymail - 🏆 1. / 86 Read more »

MP SPEAKS | Institutional reforms needed to spur economy in 2022It will be another year of missed targets otherwise. MARA DIGITAL MALL We need 100% barisannasional government to build back better Malaysia
Source: malaysiakini - 🏆 20. / 51 Read more »

Govt maintains 5.5-6.5pct GDP growth forecast for 2022Minister says figure in line with IMF, World Bank projections. I need loan without collateral please ... 10k one off Buat lawak ker.....
Source: malaysiakini - 🏆 20. / 51 Read more »

Boleh capai sasaran KDNK 2022Kerajaan perlu memastikan bahawa inflasi ini terkawal, dan tidak membebankan pengguna, khususnya golongan B40 yang amat rapuh.
Source: UMonline - 🏆 27. / 51 Read more »

Federal Territories hope to be 2022 Sukma champion | Malay MailPUTRAJAYA, Feb 13 — The Federal Territories contingent has targeted to emerge as the overall champion at the Kuala Lumpur 2022 Malaysian Games (Sukma) which is expected to take place in the middle of this year. Federal Territories Sports Council director, Hasnul Faizal Hushin Amri said currently,...
Source: malaymail - 🏆 1. / 86 Read more »

Metro Ahad 13 Februari 2022Dapatkan di kedai atau baca edisi e-Paper di https://subscription.nstp.com.my-------------------------------------------------------------------------HMETRO... Org dh x baca paper fizikal lah......duduk zaman mana ni
Source: hmetromy - 🏆 26. / 51 Read more »