Modest recovery seen in banks’ loan growth this year


The automatic loan moratorium, which banks started to offer on July 7, will spur loan growth while earnings may also see an upturn this year, underpinned by higher net interest margin (NIM), according to analysts.

PETALING JAYA: The banking sector is expected to see a modest recovery in loan growth this year, owing to the automatic loan moratorium and lower provisioning amid some downside risks.

The automatic loan moratorium, which banks started to offer on July 7, will spur loan growth while earnings may also see an upturn this year, underpinned by higher net interest margin (NIM), according to analysts.

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Banks , loan , growth , CGS-CIMB , Winson Ng ,

   

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