StanChart positive on loan growth


KUALA LUMPUR: Standard Chartered Bank Malaysia Bhd (StanChart) is optimistic on its loan growth prospects for 2020, despite anticipating a challenging environment for the banking sector this year.

Retail Banking country head Lai Pei-Si said the bank achieved about 50% of new sales volume for loans growth in 2019

“We expect to grow faster than the market for this year. We have the right products and solutions, the right capacity as well as the right competency to be able to deliver that, ” she told StarBiz in a interview.

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