Loan growth likely to pick up this year


As borrowers adjusted and recommenced repayment after the blanket automatic loan moratorium ended in September last year, loan growth had stalled month-on-month (m-o-m) in November.

PETALING JAYA: If November 2020 banking statistics are anything to go by, a decent demand for mortgage and auto financing is seen although sentiment among borrowers, especially businesses, remain soft.

As borrowers adjusted and recommenced repayment after the blanket automatic loan moratorium ended in September last year, loan growth had stalled month-on-month (m-o-m) in November.

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