Maybank sees slower lending to corporate sector

Strong momentum: Amirul says the bank sees a strong momentum in the consumer segment in tandem with economic growth but believes that there will be a slowdown in corporate sector lending.

KUALA LUMPUR: The country’s largest lender, Malayan Banking Bhd (Maybank), expects corporate sector lending to see a slowdown but remains confident about the consumer segment.

The bank, also the fourth biggest in South-East Asia, however, has no official estimates as to how much its loans can grow for the entire year, group chief financial officer Datuk Amirul Feisal Wan Zahir said.