Alliance Bank expects rise in volume of SME loans


Alliance Bank Malaysia Bhd expects an 8% rise in loans to small- and medium-sized enterprises (SMEs) this year from the RM 1.4bn approved last year.

The bank has already approved between RM 300m and RM 400m in SME loans in the first quarter of 2004.

Lending to SMEs currently comprises over 44% of the bank's total commercial loans portfolio.

Source: The Star



All news and features older than 7 days are subscription only. This article is from the archive. Archived articles could only be accessed with the subscription. If you are a subscriber please log in, alternatively you need to purchase a subscription to view the full content for this page.
Posted on Jun 14, 2004
Region: Malaysia