Alliance Bank ready to assist customers post moratorium


  • Banking
  • Friday, 26 Jun 2020

Alliance Bank is targeting a loan growth of more than 2.0 per cent in FY21, focusing on its core segments, namely SME and consumer segments.

KUALA LUMPUR: Alliance Bank Malaysia Bhd is taking the precaution of having additional liquidity to mitigate any payment shock once the loan moratorium ends in September.

Group chief executive officer Joel Kornreich (pic, below) said the bank has a strong funding position currently, with a liquidity coverage ratio of more than 150 per cent and loan-to-funds ratio at 84 per cent.

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