Loan Growth Expected in 4Q2014
The banking sector expects to see loan growth in the last quarter of 2014. For the first three quarters of 2014, there have been an increase in number of business loan applications but approval rate has dropped. Nevertheless, the ongoing Economic Transformation Programme (ETP) and the commencement of Refinery and Petrochemical Integrated Development (Rapid) projects is expected to revive business loan growth.
see full report at NST – loan growth projection
October 3, 2014 / /
Categories: loan news