, Malaysia

Public Bank's low share price warns of downside risk for banks

Public Bank's share price fell to almost a year low in late September, closing 16 sen lower at RM12.04, according to Bernama.

 

Credit Suisse Research stated that it had looked into the downside risk for banks in the light of increasing worries of a possible repeat of the 2008 and 2009 global financial crisis.

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