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Banking

Alliance Bank aims to grow SME loans by 20%

In its annual report released yesterday, the bank said its SME banking segment

PETALING JAYA: Alliance Bank Malaysia Bhd is targeting to grow its small and medium enterprises (SME) loans by 20% and achieve RM300mil in loan disbursements per month by the end of its current financial year ending March 31, 2019.

In its annual report released yesterday, the bank said its SME banking segment’s annualised loans growth was 11.6% in the fourth quarter of 2018.

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Business , Alliance Bank , annual report , SME , loans ,

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