SME Bank targets modest loan growth

Group president and chief executive officer Aria Putera Ismail (pic) said the decline in financing growth was in line with weaker business sentiment amid prevailing uncertainties due to the Covid-19 pandemic.

PETALING JAYA: SME Bank is targeting a modest financing growth of RM400mil this year, compared with RM934mil recorded in 2020 as domestic economic activities continue to slow down due to the pandemic.

Group president and chief executive officer Aria Putera Ismail said the decline in financing growth was in line with weaker business sentiment amid prevailing uncertainties due to the Covid-19 pandemic.