Wednesday , 19 December 2018
Home / Business Info / CIMB Bank eyes loan growth for the consumer banking in 2017
cimb bank

CIMB Bank eyes loan growth for the consumer banking in 2017

Thursday, 17 November 2016

cimb bank

KUALA LUMPUR: CIMB Bank Bhd is cautiously optimistic of maintaining its loan growth for the consumer banking segment at 7%t in 2017, a similar growth rate for this year.

According to Chief executive officer of group consumer banking, Samir Gupta, despite the market challenges this year, consumer banking loans have grown by 7% this year.

There has been growth in the mortgages and cards segments this year and the bank would continue to look for growth opportunities to withstand ongoing headwinds.

The group’s consumer banking has not been affected by the fluctuations of the ringgit so far. The ringgit has depreciated even from 2014, but this has not affected the systems and the bank would remain cautious on currency developments.

There is nothing to be concerned about so far on the banks portfolio such as the cards, mortgages and automotive loans.

Source by: Internet

Check Also

Riezman Khuzaimi end widower age

KUALA LUMPUR: Actor and businessman, Riezman Khuzaimi, 46, widower end the days when married women …

tudung-neelofa-instant-shawl

Style neelofa promoted the scarves

Kuala Lumpur: Actress Neelofa, 27, did not deny that he is using the popularity of …

Leave a Reply

WooCommerce Themes Free
X