Brighter loan growth prospect for banks


PETALING JAYA: Analysts are upbeat on banks’ loan growth prospects for this year, underpinned by an increase in consumer and business loans.

TA Research in a report said it is raising its loan growth forecast for 2024 from 5.8% to 6.1%, underpinned by increases in consumer and business loans of 6.3% (from 5.9%) and 5.9% (from 5.6%), respectively.

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Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

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Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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analyst , TA Research , MIDF , finance , margin

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