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Virus Stalls Bank Earnings, Leads to Fitch Industry Downgrade

Virus Stalls Bank Earnings, Leads to Fitch Industry Downgrade

Morning Brief

April 3, 20209m 56s

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Show Notes

The economic repercussions of Covid-19 has led to a downgrade of Malaysia's banking sector, according to Willie Tanoto, a Director in Fitch Ratings’ Asia-Pacific Banking Team, which continues to monitor the impact on all sectors of the economy.

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Topics

Financial ServicesEconomyMarketsbankgovernmentCovid-19Malaysia