Monday, 10 April 2017

Banking Sector’s Loan Growth To Fall To 6%

Banking Sector’s Loan Growth To Fall To 6%

PETALING JAYA: RAM Ratings projects the banking sector’s loan growth to ease to 6% this year as the economic environment remains challenging and macro-prudential measures to curb household debt continue to exert an impact.

However, its co-head of financial institution ratings Sophia Lee expects the overall asset quality indicators of the sector to remain healthy even though some slippage from 2015’s position is anticipated.

To read the full article, you can visit Banking Sector’s Loan Growth To Fall To 6%

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