STRONG loans growth, coupled with lower non-performing loans, in June could be a strong indicator that things are looking up for the banking sector.
According to Bank Negara, following the moderation in demand for loans in May brought on by uncertainties due to SARS (Severe Acute Respiratory Syndrome), demand for funds recovered strongly in June, with all loan indicators increasing significantly.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
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!