Impact from OPR cut temporary, says BIMB


Acting chief executive officer, Mohd Muazzam Mohamed(pic), said the bank was on track to achieve its loan growth target of about 8% this year, predominantly from consumer banking segment.

KUALA LUMPUR: BIMB Holdings Bhd expects the impact from the recent cut in the overnight policy rate (OPR) to be temporary.

The Islamic banking group also remains neutral on the OPR’s impact on its bottom line for the financial year ending Dec 31, 2019 (FY19).

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BIMB , OPR , impact , cut , temporary , Mohd Muazzam Mohamed , Bank Negara ,

   

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