Alliance Financial’s loan growth may ease as squeeze hits consumers

Alliance Bank's headquarters in Kuala Lumpur

PETALING JAYA: Alliance Financial Group Bhd (AFG) could see its loan growth ease in the coming quarters as consumers feel the effect from the various regulations to rein in household lending and rising costs, according to analysts.

The bank, one of Malaysia’s smallest in terms of assets, posted a 15% increase in residential mortgages during its first quarter ended June 30, 2014, which analysts expect to taper off.