Banking margin under serious pressure. property sector drops with almost half of developers in the country not launching projects so banking earn a lot less and some homeowners default on their mortgage while pbbank will hav to absorb foreclosure assets. Time to dispose and watch down trend into next year.
Stock: [PBBANK]: PUBLIC BANK BHD
2016-09-15 10:33 | Report Abuse
Banking margin under serious pressure. property sector drops with almost half of developers in the country not launching projects so banking earn a lot less and some homeowners default on their mortgage while pbbank will hav to absorb foreclosure assets. Time to dispose and watch down trend into next year.