MBSB aims for 4% loan growth

TheStar Wed, Jul 01, 2020 03:40pm - 3 years View Original


Group president and chief executive officer Datuk Seri Ahmad Zaini Othman said the bank would target government servants as well as government projects and contracts as it believes the segment is quite stable.

KUALA LUMPUR: MALAYSIA BUILDING SOCIETY BHD (MBSB) is targeting a 3% to 4% loan growth for the financial year ending Dec 31,2020 under its revised business plan and strategy. Group president and chief executive officer Datuk Seri Ahmad Zaini Othman (pic) said the bank would target government servants as well as government projects and contracts as it believes the segment is quite stable.

“We also believe trade finance in export for certain commodities would still continue to be strong. Traditionally, the areas of growth where we put more emphasis are personal financing and funding, and product bundling of these products, ” he told reporters during a video conference after the AGM here yesterday. — Bernama

...

Full Article on TheStar

The content is a snapshot from Publisher. Refer to the original content for accurate info. Contact us for any changes.






Related Stocks

MBSB 0.770

Comments

Login to comment.