AmBank expects double-digit growth in loans to MSMEs this year

KUALA LUMPUR: AmBank Group Bhd expects double-digit loan growth for its micro, small and medium enterprise (MSME) segment this year, driven by initial public offering and market penetration opportunities, said group CEO Datuk Sulaiman Mohd Tahir.

“(We expect) double-digit loan growth or at least 10%, we are looking at least RM40 million more. It’s small but we hope to do more,” he told…