Alliance Bank sees moderate loan growth on tightening measures


PUTRAJAYA: Alliance Bank Malaysia Bhd expects its loan growth to moderate slightly for its financial year ending March 31, 2015 (FY15), due to the various tightening measures implemented by Bank Negara.

“There have been various tightening measures implemented by Bank Negara, and the criteria for loan approvals has been made more stringent; we expect these to cause consumer loan growth to slow in the coming year,” Alliance group chief executive officer and director Sng Seow Wah said.

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Business , Alliance Bank

   

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