Malaysia says its banks have limited exposure to Silicon Valley Bank crisis

Malaysia says its banks have limited exposure to Silicon Valley Bank crisis

FILE PHOTO: Destroyed SVB (Silicon Valley Bank) logo is seen in this illustration taken March 13, 2023. REUTERS/Dado Ruvic/Illustration

Malaysia’s government on Wednesday said the country’s banks have limited exposure to Silicon Valley Bank that collapsed last week in the United States, triggering fear of contagion.

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