Alliance Bank sees 2%-3% loan growth


Alliance Bank group chief executive officer Joel Kornreich (pic) said the bank is more restricted in which loans it underwrites for FY21 due to the Covid-19 pandemic.

KUALA LUMPUR: In line with the loan growth of last year, Alliance Bank Malaysia Bhd foresees loan growth hovering between 2% and 3% for the financial year ending March 31,2021 (FY21) from 2.2% a year ago.

Alliance Bank group chief executive officer Joel Kornreich (pic) said the bank is more restricted in which loans it underwrites for FY21 due to the Covid-19 pandemic.

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