Insight - Property and auto loans to pick up

RHB Bank Bhd expects its receivables or amounts owed in its property and auto portfolios, to grow and contribute towards its retail banking business, said RHB Bank group retail banking head Rakesh Kaul. (pic)

THE banking and corporate sectors expect property and automotive loans to revive in tandem with the nation’s economic recovery.

However, some see that the property sector is still slow in recovering, while pick-up in the auto sector may still depend on extension of incentives.