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Maybank IB raises banking loan growth estimates


KUALA LUMPUR: Loan application trends in the banking sector suggest slower loan growth in 2019 while lagging current account, savings account (CASA) growth suggests ongoing pressure to net interest margin, says Maybank Investment Bank research.

"We raise our 2018 industry loan growth forecast marginally to 5.6% from 5.3% previously and to 5.1% for 2019 from 4.9% before," it said.

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