Malaysian banks shielded from energy price shock
KUALA LUMPUR: Banks in Malaysia and some Asia-Pacific economies will be less impacted by higher energy prices, according to Moody's Ratings. This is due to their economies' diversification and resilience, significant oil reserves, diversified energy mixes, and strong government balance sheets, said the credit ratings agency in a report yesterday. It noted that Malaysia (A3 stable) is a net oil…
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