Asean banks' asset quality risks still high, green shoots muted: Maybank KE

Singapore

MAYBANK Kim Eng (MKE) has downgraded its sector outlook on Asean banks to negative as their asset quality risks remain high while operational recovery may stay muted.

"As moratoriums begin to unwind, starting from Q3 in Malaysia, we expect additional asset quality pressures to surface," the research team wrote in a report on Friday night.