热门标签

欧博官网登录:Smaller banks to reap most benefit from OPR hike

时间:1个月前   阅读:3

足球免费贴士www.hgbbs.vip)是国内最权威的足球赛事报道、预测平台。免费提供赛事直播,免费足球贴士,免费足球推介,免费专家贴士,免费足球推荐,最专业的足球心水网。

KUALA LUMPUR: Smaller banks such as Bank Islam Malaysia Bhd (BIMB), Affin Bank Bhd and Alliance Bank Malaysia Bhd (ABMB) will be the biggest beneficiaries of Bank Negara's recent increase in the overnight policy rate (OPR), said RHB Research.

According to the research house, while the normalisation in the monetary policy will be moderately positive for banks, the three smaller institutions will see the biggest net interest margin (NIM) expansion and earnings boost.

"Based on guidance that a 12-month impact from a 25bps OPR hike would lift NIMs by 4-5bps for Affin and ABMB, and 5-6bps for BIMB, our calculations point to net profit improvement of about 3% for Affin and ABMB, and about 5% for BIMB.

"For the large banks, NIMs expansion of 2-4bps would translate into earnings uplift of 1-2%," it said.

RHB expect banks to raise base lending rates and base rates by the full 25bps.

,

欧博官网登录www.aLLbet8.vip)是欧博集团的官方网站。欧博官网登录开放Allbet注册、Allbe代理、Allbet电脑客户端、Allbet手机版下载等业务。

,

It said deposit rates, namely for fixed deposits, should also rise by the same quantum, although the full transmission to higher funding costs will only be evident after deposits are fully re-priced in three to four months.

On sector earnings, RHB said the latest 25 basis points (bps) rate hike coupled with the previous 25bps increase is forecast to raise sector FY22 net profit by 1.8%.

In the event of a third 25bps rate hike in September, the cumulative earnings uplift would improve to 2.2%.

"We believe there are risks the upward revision in net interest income could be somewhat offset by potentially lower fee income, given the volatility in financial markets.

"Currently, we are projecting a 5% YoY growth in sector earnings for FY22F," it added, while reiterating its "overweight" call on the sector.


转载说明:本文转载自Sunbet。

上一篇:Telegram中文搜索引擎:Disputed Russian grain ship moves away from Turkish coast

下一篇:Telegram游戏机器人(www.tel8.vip):Perodua receives orders for 200,000 cars

网友评论