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Author:Warner, A.
Title:The gloves are off
Journal:Banker
1996 : SEP, VOL. 146:847, p. 82-84
Index terms:BANKING
ECONOMIC CONDITIONS
GOVERNMENT
Language:eng
Abstract:In the overcrowded Malaysian banking system, the battle of the fittest has begun. Liberalisation measures recently unleashed by Bank Negara Malaysia (central bank) have bolstered the strongest commercial banks at the expense of their weaker competitors. The harsher conditions will force the smaller fry to reassess their prospects -- they may have to seek mergers to survive. Liberalisation is taking place against a backdrop of rapid economic growth. Real gross domestic product has been hurtling at a high rate for eight years.
SCIMA record nr: 152909
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