41.   The rating agency had previously downgraded the rating of Malaysian banks from stable to negative.

42.   The problems at Malaysian banks have become increasingly high profile in the last few days as the ringgit weakened.

43.   The writer was a Fulbright Professional Exchange scholar and is currently chief internal auditor for an established Malaysian bank.

44.   There are now many Malaysian banks, apart from Bank Islam Malaysia, that provide such banking services and products based on syariah guidelines.

45.   There is an urgencyto recapitalise Malaysian banks.

46.   Thus, we must not take our money from our Malaysian banks because someone suggested that our banks are weak and may go under despite Government guarantee.

47.   Typically, a Malaysian bank faces two types of risks - systemic risksand banking risks.

48.   But the global risk evaluator said it would maintain its ratings and outlook on Malaysian banks as the impact of corporate revamps on problem loans was still muted.