PETALING JAYA: The banking sector in Malaysia has alternated towards a more cautious outlook after its latest results season, according to MIDF Research.
In its Awaiting The Cuts 2QCY24 Market Outlook report, the research firm said the switch to a more prudent stance was more noticeable from its net interest margin (NIM) whereby most banks had recorded a stable-to-slight contraction due to more competitive loan yields.
It noted, however, that not all banks felt the same as some had a more optimistic view on this.
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