Public Bank expects 15pc loan growth this year (Business Times (Malaysia))

Written by Admin on January 20th, 2010 in Uncategorized.

PUBLIC Bank Bhd (1295), the country’s third largest bank, expects loans to continue growing by about 15 per cent this year as it looks to expand in the region amid a recovering economy. The group registered loan growth of 14.4 per cent last year, surpassing the industry’s 7.4 per cent average as at November. Managing director Tan Sri Tay Ah Lek said demand for mortgages, car loans and loans to …

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