April 24, 2009

BNP Paribas negative on Malaysian banks

BNP Paribas said in a research note published today that it has kept its negative view on Malaysian banks."With bank stocks rebounding from their lows, we would prefer to exercise more caution at this juncture. "Our forecasts are 10 per cent below consensus. "The market may have underestimated potential NPL pitfalls and weaker non-interest income." said BNP Paribas. - Reuters

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Ibrahim bin Ramli@Nuang started his career with CIMB Wealth Advisors Berhad as Agency Manager in April, 2008.Previously he was an Internal Auditors and Accounts Executive with Perodua Sales Sdn Bhd since 17 August, 1994. His background:- 1.Certified of Achievement for Master Sales Leadership from Dr Lawrence Walter Ng of President of The Art Of Learning and International Of Learning Without Learning 2.Certified for eXtra Ordinary Performance of Lawrence Walter Award Certificate for One Million Ringgit Club 2007 3. Certified Life & General insurances 4. Conferred with Diploma in Business Studiess & Bachelor of Business Admin(Hons)Finance from UiTM, Terengganu Branch & Shah Alam respectively;

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