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CIMB Research sees residential mortgage growth falling to 7%


CIMB Research also said apart from the weak residential property market, other earnings risks for banks in 2019F include a possible slowdown in business loan growth and net interest margin erosion.

CIMB Research also said apart from the weak residential property market, other earnings risks for banks in 2019F include a possible slowdown in business loan growth and net interest margin erosion.

KUALA LUMPUR: CIMB Equities Research expects residential mortgage growth, which is the largest loan segment of the banking industry’s total loans, to slow down further in 2019 due to the cautious view of the market.

It said on Tuesday residential mortgage growth fell from 13.3% in 2014 to only 7.6% in 2018, due to the weak property market arising from the government’s cooling measures implemented between 2010 and 2013. 

Analyst Reports , Property

   

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