Stay updated with breaking news from Banking Insight. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
IT’S been a tumultuous month for banks as Friday, March 10, 2023, saw the second largest failure of a US bank, Silicon Valley Bank (SVB), after the shuttering of Washington Mutual in 2008. The banking world, thought to have been neutered of its excessive and systemic risk potential following dras
RAM Ratings expects Malaysia’s Islamic banking industry to stay resilient despite lingering risks from the Covid-19 pandemic. In a statement on Tuesday (March 29), the rating agency maintained its stable outlook on the industry in line with its outlook on the overall domestic banking system.
KUALA LUMPUR: Malaysian banks have solid fundamentals and will continue to demonstrate resilience in 2022, said RAM Rating Services Bhd (RAM Ratings).