Fuda: ‘Loan growth momentum picked up in Q2’17, supported by domestic loan growth.’
KUALA LUMPUR: Fresh from posting strong first-half results, Hong Leong Bank Bhd
(HLB) says it expects net interest margin (NIM) to be better than initially anticipated for its financial year ending June 30, 2017 (FY17), driven by loan pricing and better cost of fund management.
The country’ fifth-largest lender by assets has revised its NIM target for FY17 to more than 2% from the initial 1.9% goal.
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!
