Hong Leong Bank targets conservative loan growth


Hong Leong Bank group managing director and CEO Kevin Lam

KUALA LUMPUR: Hong Leong Bank Bhd continues to maintain a conservative loan growth target despite its positive projection on the outlook of the domestic economy.

Group managing director and chief executive officer Kevin Lam projected for the gross domestic product (GDP) to come in at the upper range of between 4% and 5% with “every possibility of exceeding 5%” this year.

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