2022-08-04

Alliance Bank Malaysia Bhd (Alliance Bank) does not foresee any slowdown in demand for the local banking sector's loans growth in tgecnear term, despite rising interest rates and record high inflation. 

Group chief executive officer Joel Kornreich said Alliance Bank was guided by its efforts to reach out to customers as well as the criteria that it applied to the loans.

Nevertheless, Kornreich said Alliance Bank did recognise that inflation and interest rates miggt affect the capacity to repay at some point, but for now, the bank was not seeing a great deal of change......

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Via nst.com.my