RHB Bank’s loan growth target of 4%-5% intact despite challenges

However, net interest margin will likely soften in the medium term due to the repricing its products.This was noted by Kenanga Research, citing RHB Bank chief financial officer Nik Rizal Kamil Nik Ibrahim Kamil.

PETALING JAYA: Housing loans and auto financing are expected to be the main driver of loan growth for RHB Bank Bhd.

The fourth largest lender in Malaysia remains confident that it is on track to meet its loan growth guidance of 4%-5% this year in spite of the challenging economic environment.