null Moody's: Islamic banks can gain from consolidations
Moody's: Islamic banks can gain from consolidations
22 Sep 2021 | Wednesday Source: The Malaysian Reserve
Moody’s Investors Service expects more Islamic banks to pursue mergers as smaller players are crowded out by large competitors.
Analyst Badis Shubailat noted that as Islamic banks remain under pressure to become more competitive, they will require significant cost reductions which they may attempt to achieve through consolidation.