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KUALA LUMPUR: Malayan Banking Bhd (Maybank) believes that the government would continue to announce more initiatives to promote Malaysia as an investment centre.
Banks are expected to face more difficulties to grow loans amid the rising interest rate environment.
The operating environment may be challenging for the banking sector in the country this year, but not all is lost.
Bursa Malaysia retreated from Wednesday’s gains to close lower yesterday due to profit-taking activities, bucking the mostly positive regional market performance, according to an analyst.
KUALA LUMPUR: Moody's Investors Service has affirmed Maybank Singapore Ltd's (MSL) A1 long-term (LT) foreign currency (FC) and local currency (LC) deposit ratings.