bullish
ASEAN Banks Q3 Earnings Reinforce Their Diverse Credit Profiles
18 Views12 Dec 2023 10:00
SUMMARY
- ASEAN banks have started showing signs of how tighter-for-longer credit conditions are slowing the momentum growth of earnings driven by higher interest rates.
- Our review of ASEAN5 + Vietnam’s banking sector in our 12th September 2023 Chart of the Week showcased the diverging paths facing the Southeast Asian banking sector since the onset of the pandemic in 2020.
- This week’s chart of the week is going to focus on the latest Q3 2023 earning report coming from each country in the ASEAN5 + Vietnam banking bloc.
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