The sector is poised for growth on the back of strong economic recovery anticipated in the second half of the year despite the current total lockdown. Towards this end, most analysts are still bullish on the sector and have maintained their “overweight” stance.
PETALING JAYA: The banking sector’s loan growth is expected to hover between 4% and 5.2% this year, underpinned by improvement in economic activities from wider vaccination rollouts.
The sector is poised for growth on the back of strong economic recovery anticipated in the second half of the year despite the current total lockdown.
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