SVB Collapse Has Little Effect on Malaysia's Banking Sector, Dewan Rakyat Reports

The collapse of Silicon Valley Bank - the second largest bank failure in US history has minimal and limited impact on Malaysia's banking institutions, says Deputy Finance Minister Steven Sim.<br /><br />He told the Dewan Rakyat on Wed (March 15) that based on the assessment by local financial authorities, the Malaysian banking system remains competitive and resilient.<br /><br />Read more at https://bit.ly/3mJcikk<br /><br />WATCH MORE: https://thestartv.com/c/news<br />SUBSCRIBE: https://cutt.ly/TheStar<br />LIKE: https://fb.com/TheStarOnline