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KUALA LUMPUR, March 7 — Bank Negara Malaysia (BNM) is expected to keep the overnight policy rate (OPR) unchanged at 2.75 per cent in the upcoming Monetary Policy Committee (MPC)...
KUALA LUMPUR: Malayan Banking Bhd (Maybank) expects the country’s growth to moderate, going further into 2023, as external trade softens in tandem with a slowdown in domestic demand, which will put the brakes on loan take-up rates for the banking industry.
With central banks balancing their narrative between turning dovish or maintaining a hawkish stance, markets have already priced-in expectations that inflation has peaked and will decelerate in 2023.
More banks are anticipated to sell their non-performing loans (NPLs) in the market this year with the ending of the loan moratorium last year, further impacted by the challenging global macroeconomic environment.
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