KUALA LUMPUR: Malaysian banks are demonstrating resilient credit portfolios as they transition out of the blanket six-month moratorium in the country, S&P Global Ratings said.
It said in a statement on Tuesday that however, the underlying strength of affected borrowers remains to be seen and the initial recovery of repayments could prove fragile.
“In our view, third-quarter earnings of major Malaysian banks show early indications that banks are exercising caution as they transition out of the six-month moratorium that ended on Sept 31,2020.
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