In household, the loan expansion came from mortgage and auto loans.... HLIB Research said it is of

PETALING JAYA: CIMB Group Holdings Bhd has slashed its loan growth target for 2021, following the

PETALING JAYA: Amid downside risks, the banking sector’s loan growth this year is expected to

CLICK TO ENLARGEKUALA LUMPUR: Easing restrictions may support loan growth following a flattish

PETALING JAYA: The loan growth momentum continues to pick up, with March 2022 loans gaining

PETALING JAYA: Housing loans and auto financing are expected to be the main driver of loan growth

PETALING JAYA: Despite acknowledging that the path forward for the third and final quarters of the year could see challenges to earnings, analysts are maintaining a cautiously hopeful outlook on the banking industry, underpinned by a number of factors. Securities firm MIDF Research, although maintaining a “ buy ” call on banks, said in a note published yesterday that valuations are no longer as attractive following the recent share repricing of the sector. While maintaining a largely positive pe

PETALING JAYA: Despite acknowledging that the path forward for the third and final quarters of the year could see challenges to earnings, analysts are maintaining a cautiously hopeful outlook on the banking industry, underpinned by a number of factors. Securities firm MIDF Research, although maintaining a “ buy ” call on banks, said in a note published yesterday that valuations are no longer as attractive following the recent share repricing of the sector. While maintaining a largely positive pe

PETALING JAYA: Despite short-term headwinds, CIMB Group Holdings Bhd’s current share price weakness offers an attractive buying opportunity. Year-to-date, the share price is down by 7%. MIDF Research said CIMB’s current share price is “ attractive ” despite the challenges related to the banking group’s lumpy corporate exposure, asset quality, heavy provision and uncertainty over its double-crediting error. The research house upgraded its call to a “ buy ” from “ neutral ”, with a target price of

Bloomberg News. Loan growth at the 216-year-old lender, a banker to one out of every three Indians, is