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Banking 13 Aug 2014 | 12:00 AM

Alliance Financial’s loan growth may ease as squeeze hits consumers

PETALING JAYA: Alliance Financial Group Bhd (AFG) could see its loan growth ease in the coming quarters as consumers feel the effect from the various regulations to rein in household lending and rising costs, according to analysts.

Business 19 Jan 2007 | 12:00 AM

Maybank customers affected by floods can defer payments

Customers of Maybank affected by the recent floods can now defer payments on all instalments of consumer loans for six month regardless of case.

Business 16 Oct 2007 | 12:00 AM

Virgin starts firm to manage loans between friends

British entrepreneur Richard Branson, founder of the Virgin Group known for its airline and music stores, yesterday launched a US company that manages consumer loans between friends and family.

Business 23 Sep 2015 | 12:00 AM

General Electric, RBS, Credit Agricole to sell non-performing Italian debt

MILAN: General Electric Co, Royal Bank of Scotland Group Plc and Credit Agricole SA are seeking to sell about four billion euros (US$4.5bil) of non-performing Italian corporate and consumer loans, three people with knowledge of the matter said.

Business 08 Jul 2013 | 8:54 AM

CIMB Research: Property stocks face knee-jerk selling pressure

CIMB Equities Research expects property stocks may come under some knee-jerk selling pressure in the near term as Bank Negara Malaysia’s (BNM) move to curb consumer loans was not widely expected.

Business 26 Jul 2012 | 12:00 AM

AmBank expects a 3% to 4% growth in personal loans

AmBank (M) Bhd forecasts a 3% to 4% growth in consumer loans this year, driven by a better outlook in the automobile sector this year.

Business 05 Dec 2012 | 12:00 AM

Restructuring set to drive DRB-Hicom growth

PETALING JAYA: DRB-Hicom Bhd's growth outlook for the next three years is expected to be driven by the continued restructuring of the company such as the RM7.4bil armoured vehicle contract and the growth in consumer loans from Bank Muamalat.

Business 10 Mar 2007 | 12:00 AM

Banks poised for further growth

The banking scene will continue to be driven by merger and acquisition (MA) news flow, pump-priming measures by the Government and continued growth of the consumer loans sector, say analysts.

TECH 28 Aug 2018 | 9:30 AM

Google teams with banks to launch digital lending for India

Alphabet Inc’s Google is partnering with four Indian banks to grant consumer loans online, as the fight for a US$1tril (RM4.09tril) digital finance market intensifies.

Business 08 Sep 2010 | 12:00 AM

The need to be flexible

IN its moves to cool some areas of the consumer loans segment, the banking community has to be cognisant of the need to be flexible and sensitive to the needs of genuine housebuyers.