PETALING JAYA: Accommodative interest rates will continue to support resilient household loans, going forward, mitigating the moderation in business loan spending, says Kenanga Research.
It expects loans to grow at 4.5% to 5% year-on-year (y-o-y) for 2020, driven by household loans at 5.3% to 6.9% and business loans at 2.8% to 3.8%, from a fiscal push expected in the second half of this year.
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