Fuda: ‘Loan growth momentum picked up in Q2’17, supported by domestic loan growth.’
KUALA LUMPUR: Fresh from posting strong first-half results, Hong Leong Bank Bhd
(HLB) says it expects net interest margin (NIM) to be better than initially anticipated for its financial year ending June 30, 2017 (FY17), driven by loan pricing and better cost of fund management.
The country’ fifth-largest lender by assets has revised its NIM target for FY17 to more than 2% from the initial 1.9% goal.
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