Lembaga Tabung Haji (LTH) has appointed former Khazanah Nasional Bhd managing director Tan Sri Azman Mokhtar as its new chairman effective Monday (Dec 20).
INCEIF appoints Azman Mokhtar as new chairman thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.
THERE is likely to be an increase in the sale of non-performing loans (NPLs) by Malaysian banks as some lenders look to clean up their Covid-19-impacted loan books more quickly, experts say.
“We expect Malaysian banks to look at NPL sales more actively, especially for corporate credit,” says Nancy Duan, a credit analyst at S&P Global Ratings.
CIMB Group Holdings Bhd, the country’s second-largest banking group, may have started the ball rolling. It sold a “small” portion of NPLs last year to a third party, according to an industry source. The actual amount of NPLs sold is not clear, although news reports last week cited a figure of around RM360 million.
Alternative Views: The buck should not just stop with AmBank s shareholders theedgemarkets.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theedgemarkets.com Daily Mail and Mail on Sunday newspapers.