KUALA LUMPUR: Maybank Islamic Bhd, the Islamic banking arm of Malayan Banking Bank Bhd (Maybank), expects a better loans performance this year based on an improved global economic environment.
Maybank Islamic chief executive officer Muzaffar Hisham said the bank was confident of achieving 9% to 12% loan growth this year with 94% contribution coming from domestic customers while the balance, from Singapore and Indonesia. “Malaysia is still the major contributor because we have captured one third of the market share. But we are hoping for overseas’ contribution to increase as Singapore and Indonesia are performing well.” – Bernama
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