The Finance Ministry (MoF) emphasised that the banks involved in the issue of unsecured debts by Genting Hong Kong Ltd—and the Malaysian banking sector as a whole—are highly resilient in the face of various operational challenges. Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz stated that unsecured loans are a common occurrence in the banking sector, and the bankruptcy declaration of Genting Hong Kong is deeply regrettable.
Also available in 'The Borneo Post Sabah', 'The Borneo Post Sarawak'. MALAYSIA’S BANKING SECTOR REMAINS RESILIENT IN FACING OPERATIONAL CHALLENGES – MOF
The Finance Ministry (MoF) emphasised that the banks involved in the issue of unsecured debts by Genting Hong Kong Ltd—and the Malaysian banking sector as a whole—are highly resilient in the face of various operational challenges. Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz stated that unsecured loans are a common occurrence in the banking sector, and the bankruptcy declaration of Genting Hong Kong is deeply regrettable.
Also available in 'The Borneo Post Sabah', 'The Borneo Post Sarawak'. 
