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Banks to feel impact of another OPR cut?

Unperturbed, AMMB Holdings Bhd group CEO Datuk Sulaiman Mohd Tahir says the lender has already factored in future rate cuts.“In our scenario planning, we have already factored in potential rate cuts as part of our risk management plan, ” he tells StarBizWeek. WITH a large portion of Malaysia now in full-swing movement control order (MCO) mode given the recent spike in Covid-19 cases, new concerns over economic growth have emerged. The question now is will Bank Negara cut the benchmark Overn...
Datuk Sulaiman Mohd Tahir Imran Yusof Bank Negara Holdings Bhd Monetary Policy Committee Overnight Policy Rate

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