KUALA LUMPUR: The banking sector’s year-to-date (YTD) loan growth of 5.4 per cent annualised aligns with the projected growth range of 4.0 per cent to 5.0 per cent for 2024, according to AmInvestment Bank Bhd.
In a research note today, the bank said the industry loan growth expanded by 6.0 per cent year-on-year (y-o-y) in March 2024 versus 5.8 per cent in February 2024, driven by stronger growth in household and non-household loans.
