Hong Leong Bank expects 6-7% loan growth in FY24

KUALA LUMPUR: Hong Leong Bank Bhd expects 6% to 7% growth in its loan segment for its financial year 2024, underpinned by key factors such as mortgages, small and medium enterprises (SME) and auto financing in Malaysia.

The bank is also expecting an increase in loan contribution from their overseas branches, particularly from Singapore,” said group managing director/CEO Kevin Lam.

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