AmBank expects loan growth at 5% for FY21

AmBank group CEO Datuk Sulaiman Mohd Tahir (pic) said despite the weak domestic economic outlook, the expected pace of loan growth for the financial group would unlikely be far off the sector’s growth.

PETALING JAYA: AMMB Holdings Bhd (AmBank) expects its loan growth to range between 4% and 5% for its financial year ending March 31,2021 (FY21), in line with what is expected of the industry.

AmBank group CEO Datuk Sulaiman Mohd Tahir said despite the weak domestic economic outlook, the expected pace of loan growth for the financial group would unlikely be far off the sector’s growth.