search query: @author Frings, M. / total: 14
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| Author: | Frings, M. |
| Title: | When in K.L. *ARAB-MALAYSIAN MERCHANT BANK |
| Journal: | Banker
1987 : SEP, VOL. 137:739, p. 87-89 |
| Index terms: | BANKS MALAYSIA BANK LENDING |
| Language: | eng |
| Abstract: | Kuala Lumpur is only just getting out of two tragic years in Malaysia's banking history. Now the prices for the country's main export goods are rising, a current- account surplus to be expected in 1987. But the banks have incurred big losses, so they are still making significant loan-loss provisions. Kuala Lumpur is not an international financial center. The market is strongly regulated and there is a positive discrimination in favor of local banks. Only local banks are allowed to open new branches, moreover, multinationals operating here have to channel at least 60% of their borrowing through them. |
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