KUALA LUMPUR: CIMB Equities Research is retaining its Underweight rating on the Malaysian banking sector due to the weaker loan growth.
It said on Friday business loans were again to blame for the fifth consecutive month of slowdown in industry loan growth (from 9.7% on-year in May 2014 to 9.3% on-year in June 2014).
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!