Banks Are Being Conservative

Chan Jit Hoong, Senior Analyst, Hong Leong Investment Bank

08-Sep-20 09:15

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As expected, second quarter earnings were hit by the impact of Covid-19 restrictions, including the banking sector, which saw nearly all banks opt to withhold dividend payments this time around. As the reopening of the economy picks up pace, have banks faced the worst of the crisis, or could there be more headwinds to come?

Produced by: Wong Shou Ning

Presented by: Roshan Kanesan, Lyn Mak, Noelle Lim

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Categories: Personal Finance, Investments, Financial Literacy, Politics, Law and Legal Matters, Business Analysis, Trends and Forecasts, Markets

Tags: Banks, Dividends, Hong Leong Bank, Banking Sector,

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