SVB collapse has minimal impact on Malaysia's banking system, Dewan Rakyat told
By : The Star
Published On: 2023-03-15
1.3K Views
02:44
The collapse of Silicon Valley Bank - the second largest bank failure in US history has minimal and limited impact on Malaysia's banking institutions, says Deputy Finance Minister Steven Sim.
He told the Dewan Rakyat on Wed (March 15) that based on the assessment by local financial authorities, the Malaysian banking system remains competitive and resilient.
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