SVB Collapse Won't Impact Local Banks, Says Finance Ministry 🇺🇸

The collapse of Silicon Valley Bank (SVB) in the United States is unlikely to have a contagion effect on the banking sector here said Datuk Seri Ahmad Maslan.<br /><br />The Deputy Finance Minister said the government is of the view that it will not spread here.<br /><br />He said when replying to a supplementary question raised by Datuk Dr Shuhaili Abdul Rahman (PN-Labuan) in Parliament on Tuesday. (March 21).<br /><br />Read more at https://bit.ly/3JV2NaX<br /><br />WATCH MORE: https://thestartv.com/c/news<br />SUBSCRIBE: https://cutt.ly/TheStar<br />LIKE: https://fb.com/TheStarOnline