Insight- Banks see gradual earnings recovery

Industry loan growth has picked up for the first time in six months, in September, after the phased re-opening of the economy and is expected to gain further momentum.

BARRING the emergence of new virus variants which can affect the economy, banks expect to see a gradual improvement in earnings recovery.

Industry loan growth has picked up for the first time in six months, in September, after the phased re-opening of the economy and is expected to gain further momentum.