Zafrul: Banks loan growth to hit up to 5% in 2018


Loan growth for the banking sector is estimated to grow 4% to 5% in 2018, said CIMB Group CEO Tengku Datuk Seri Zafrul Aziz

KUALA LUMPUR: Loan growth for the banking sector is estimated to grow 4% to 5% in 2018, said CIMB Group CEO Tengku Datuk Seri Zafrul Aziz Abdul Aziz.

Speaking at a media briefing in conjunction with the 10th CIMB Malaysia Corporate Day 2018, Zafrul said the gross domestic product (GDP) growth in 2017 was above expectations, which translates to a stronger loan growth this year.

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