KUALA LUMPUR, Jan 23 — Three Malaysian bank’s profits are set to take a major hit as trouble looms over cruise operator Genting Hong Kong — a major Asian corporate casualty of the Covid-19 pandemic. A report by Singapore’s Straits Times said that how Malayan Banking (Maybank), CIMB and .
Malayan Banking, CIMB and RHB are Genting Hong Kong’s key unsecured creditors with an exposure of $600 million. The cruise ship Genting Dream is seen in waters off Hong Kong. Photo: Genting Cruises. The myriad problems at embattled cruise operator Genting Hong Kong are likely to hit profits at three key financial institutions in Malaysia, the Straits Times reported.
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