AmBank eyes above-industry loan growth for FY20

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Earlier this month, RBI had raised loan to value ratio to 75 percent from 60 per cent earlier. This was in view of moderation in the growth of gold loan portfolios of Non-Banking Financial Companies.

AmBank’s goal clear with Top 4 strategy. Share this story.. which indicates that the potential for growth is tremendous.. We look to providing banking solutions not only in terms of financing, but also advisory. AmBank Islamic is keen to work with the government to support the nation’s e.

Those days, when I projected loan growth of 15%, the industry was doing something like 9% loan growth. I’ve had to scale down that target due to the softer environment, but our loan growth is nevertheless better than the industry’s," he shares. AmBank’s loans grew 5.7% in FY2019 compared with the industry’s 4.9% growth in that period.

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Malaysian financial services group AmBank is expecting a 15 percent growth from its small and medium-enterprise (SME) loan segment for financial year 2017. Group CEO Datuk Sulaiman Moh Tahir said the expected growth will be driven by AmBank’s Top Four Strategy that it embarked on in 2016. He said the bank’s focus on SMEs and [.]

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The bank reiterated its more than 20 percent loan. in FY20 as investments may continue. Traditional business margin is weakening due to investments and productivity benefits being passed on.