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Risks to financial stability in Malaysia remain modest: Fitch Solutions

KUALA LUMPUR, April 17 (Xinhua) — Fitch Solutions said Monday it believes that downside risks to Malaysia’s financial stability remain modest and that banks remain well-positioned to support financial intermediation, despite potential negative spillovers from banking stresses in the United States and Europe.

The research house said in a statement Malaysian banks on aggregate are likely to remain on a stable foo