Banking on SME segment

In a report, Kenanga Research noted that Alliance had a high exposure to the SME segment, which constituted more than 30% of its books. This bodes well for the bank.

PETALING JAYA: The recovery of small businesses amid a pick-up in the economy will lend strength to Alliance Bank Malaysia Bhd in the coming year.

With demand for most things set to increase in line with a recovering labour market, small and medium enterprises (SMEs) ought to see better revenues and enhanced capabilities to expand.