ALLIANCE FINANCIAL GROUP EXPECTS LOANS GROWTH OF BTWN 11-13 PCT FOR FYE 2014

16 Jul 2013 07:54

KUALA LUMPUR, July 16 -- Alliance Financial Group expects loans growth of between 11 per cent to 13 per cent in its financial year ending March 31, 2014.

Its Group Chief Executive Officer Sng Seow Wah said the growth would be supported by the mortgage and SME segments.

He added that the bank would be slightly impacted by the recent tightening of lending rules by Bank Negara Malaysia.