Banking sector set to see weaker loan growth


Slower growth: Bank Negara, in its financial stability review report for the first half of 2019, pointed to slower economic growth and fintech developments as among factors that will have a bearing on banks’ profitability. — Reuters

PETALING JAYA: Malaysian banks are expected to see weaker loan growth this year amid an operating environment which continues to be challenging.

Bank Negara, in its financial stability review report for the first half of 2019, pointed to slower economic growth and fintech developments as among factors that will have a bearing on banks’ profitability.

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