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RCE Capital, A Good Hedge Against Recession: Maybank IB

Business Today LogoBusiness Today20h ago

RCE Capital, A Good Hedge Against Recession: Maybank IB - Business Today

Quick Summary:

Every 10bps decrease in credit cost ratio or cost of funds will accrete MYR1.6 m-MYR1.8 m to earnings for RCE Capital.

Maybank IB noted that during the COVID-19-induced recession, credit cost ratios and cost of funds fell.

However, on an unrelated note, the house trimmed its earnings estimates by 3% p.a.


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Article Details

Author / Journalist: Editor

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-21 @ 03:47:56 (20 hours ago)

News Timezone: GMT +8:00

News Source URL: businesstoday.com.my

Language: English

Article Length: 488 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Today

News ID: 28082478

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About Business Today

Business Today Logo

Main Topics: EconomyBusiness

Official Website: businesstoday.com.my

Update Frequency: 62 posts per day

Year Established: 2001

Headquarters: Malaysia

News Last Updated: 9 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #72

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