Banks are an important barometer to a country's economy. When banks are in trouble, they could not lend money and this causes businesses to face financial difficulties.
Even today, banks are said to have tightened their lending standards and thus many were unable to get loans for their first home.
Fitch Ratings in an article in NST said that the banking sectors in Malaysia and Indonesia are the most exposed because of the negative effects from lower commodity prices.
No comments:
Post a Comment