Strong loan growth to buoy banking sector

TheStar Fri, May 03, 2024 12:00am - 1 month View Original


The banking system’s gross impaired loans is well managed, analysts said.

PETALING JAYA: Banking statistics for March 2024 show strong loan growth, while deposit and current account and savings account (CASA) are growing healthily.

The banking system’s gross impaired loans, which indicate loans payments owed may not be fully recovered, is also well managed, said analysts.

Meanwhile, they say Islamic fixed deposit rates are showing a convincing decline but conventional rates remain flattish.

...

Full Article on TheStar

The content is a snapshot from Publisher. Refer to the original content for accurate info. Contact us for any changes.






Related Stocks

PBBANK 4.110
RHBBANK 5.530

Comments

Login to comment.