欢迎进入欧博www.ALLbetgame.us。欧博官网开放欧博登录网址、欧博开户、欧博代理开户、欧博电脑客户端、欧博手机版下载等业务。

首页社会正文

皇冠开户(www.hg108.vip)_OPR hike to boost earnings

admin2022-06-1810

皇冠开户www.hg108.vip)是一个开放皇冠正网即时比分、皇冠开户的平台。皇冠开户平台(www.hg108.vip)提供最新皇冠登录,皇冠APP下载包含新皇冠体育代理、会员APP。

,

PETALING JAYA: The local banking sector is projected to post an improved core net profit (CNP) of between RM7.1bil and RM7.5bil in the second quarter of 2022 (1Q22), compared with RM7.05bil in 1Q22, driven by higher net interest margins (NIM) and lower loan loss provisions (LLP).

CGS-CIMB Research expects the sector to benefit from the upcycle in the overnight policy rate (OPR) in 2Q22, supported by improved earnings from AMMB Holdings Bhd (AMMB) and Alliance Bank Malaysia Bhd (ABMB) as they cease to incur Cukai Makmur during the quarter.

“AMMB and ABMB cease to incur Cukai Makmur taxation in 2Q22. With this, we expect banks’ CNP growth to resume to between 3% and 9% year-on-year (y-o-y) in 2Q22 and sustain a continuous trend of yearly earnings recovery in 2022,” the research house said in a report.

Notwithstanding the stalled earnings growth in 1Q22, CGS-CIMB Research remains “overweight” on the sector and expects it to enjoy a projected CNP growth of 4% in 2022.

Bank Negara raised the OPR by 25 basis points (bps) on May 11, which would help lift NIM of banks after the sector’s impressive double-digit y-o-y growth trend in CNP of 25% to 45% for four consecutive quarters (from 1Q21 to 4Q21) was broken in 1Q22 when the sector’s CNP inched down by 0.2% y-o-y.

CGS-CIMB Research expects another two OPR hikes of 25 bps each by the central bank in the second half of the year.

The sector’s earnings drag in 1Q22 was due to the additional Cukai Makmur tax impact and a 20.2% y-o-y slump in non-interest income due to weaker investment income.

The positive take in 1Q22 was the 62.1% y-o-y plunge in LLP, due to lower management overly provided by the sector.

The sector’s net interest income rose by a healthy 5.6% y-o-y in 1Q22 versus 6.9% y-o-y growth in 4Q21 as loans grew by 4.6% yoy at end-Mar 22 and net interest margins remained stable.

CGS-CIMB Research expects the sector’s earnings catalysts in 2022 would be a 15.2% drop in LLP and a healthy 7.8% growth in net interest income, lifted by OPR hikes.

“On the flip side, we estimate the Cukai Makmur taxation would lower banks’ calendar year 2022 CNP by some 7%. Excluding Cukai Makmur taxation, banks’ CNP growth would be higher at an estimated 11% in 2022,” the research house noted.

CGS-CIMB Research added that credit risks for the sector from Covid-19 have been subsiding since the re-opening of the domestic economy.

The research house however said that there could be new risks emerging in the form of rising inflation and interest rates, which could negatively impact loan growth and asset quality.

CGS-CIMB Research is also projecting loan growth to soften from 5% y-o-y at end-April 22 to between 4% and 5% in 2022. The research house is forecasting a rise in the industry’s gross impaired loan ratio from 1.5% as at end-December 2021 to between 1.8% and 2% as at end-December 2022.

网友评论

最新评论

  • 环球UG官网 06/18 说:

    USDT线上交易U交所(www.usdt8.vip)是使用TRC-20协议的Usdt官方交易所,开放USDT帐号注册、usdt小额交易、usdt线下现金交易、usdt实名不实名交易、usdt场外担保交易的平台。免费提供场外usdt承兑、低价usdt渠道、Usdt提币免手续费、Usdt交易免手续费。U交所开放usdt otc API接口、支付回调等接口。字字珠玑

  • 新2最新网址 06/18 说:

    欧博网址欢迎进入欧博网址(Allbet Gaming):(www.aLLbetgame.us),欧博网址开放会员注册、代理开户、电脑客户端下载、苹果安卓下载等业务。没仔细看,再来一遍

  • usdt搬砖套利 06/17 说:

    新2会员手机端新2会员手机端(www.22223388.com)实时更新发布最新最快最有效的新2网址和新2最新网址,包括新2手机网址,新2备用网址,皇冠最新网址,新2足球网址,新2网址大全。别有人抄袭了

  • USDT法币交易API 06/17 说:

    FiLecoin官网(www.ipfs8.vip)是FiLecoin致力服务于使用FiLecoin存储和检索数据的官方权威平台。IPFS官网实时更新FiLecoin(FIL)行情、当前FiLecoin(FIL)矿池、FiLecoin(FIL)收益数据、各类FiLecoin(FIL)矿机出售信息。并开放FiLecoin(FIL)交易所、IPFS云矿机、IPFS矿机出售、租用、招商等业务。陪你到结局

  • 买usdt最便宜的地方 06/17 说:

    足球免费推荐免费足球贴士网(www.zq68.vip)是国内最权威的足球赛事报道、预测平台。免费提供赛事直播,免费足球贴士,免费足球推介,免费专家贴士,免费足球推荐,最专业的足球心水网。还写吗

  • Allbet电脑版下载 06/16 说:

    U担保U担保(www.Uotc.vip)是使用TRC-20协议的Usdt官方交易所,开放USDT帐号注册、usdt小额交易、usdt线下现金交易、usdt实名不实名交易、usdt场外担保交易的平台。免费提供场外usdt承兑、低价usdt渠道、Usdt提币免手续费、Usdt交易免手续费。U担保开放usdt otc API接口、支付回调等接口。难得的好文章呢

  • 联博开奖 06/16 说:

    来顶

  • 皇冠APP 06/16 说:

    UNS N08811数据表,N08811化学因素,N08811炼钢,N08811ESR熔融,N08811开坯,N08811热锻,N08811热轧,UNS N088811机械性能,N08811热处置,N08811矫直,N08811超声波测试,N08811冷加工或机加工。所有这些质料均相符军用尺度,核能。手艺规范ASTM B408-2006。哈哈,交流起来