RAM: Banking sector loans may expand 9%-10% this year


PETALING JAYA: Loans for the banking sector this year are expected to grow 9% to 10%, close to last year's 10.4%, according to RAM Rating Services Bhd.

This will be underpinned by strong private consumption, financing for projects under the 10th Malaysia Plan (10MP) and the Economic Transformation Programme (ETP) as well as a still-conducive borrowing environment, according to RAM Rating Services Bhd.

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