HLIB Research is projecting sector profit for the financial year 2024 (FY24) and FY25 to grow at a slower rate of 5% and 4% versus 13% in FY23.
PETALING JAYA: September banking statistics show both leading indicators and asset quality of the system improved.
Loans grew by 4.3% year-on-year (y-o-y), which Kenanga Research said was in line with its 2023 expectation of 4% to 4.5% target.
