Monday, August 30, 2010

Banking Sector Update : Jul ‘10 System Data – Monthly Applications Still Strong Despite OPR Hikes - 30/08/2010

♦ Jul ‘10 banking system loan growth at 11.9% yoy. Jul ’10 loan growth moderated slightly to +11.9% yoy vs. +12.5% yoy in Jun ’10. This was largely due to lower disbursements during the month, especially to the business segment. The household segment saw outstanding loans accelerate further to +13.2% yoy (vs. Jun ’10: +12.9% yoy) with growth still broad-based.

Banking Sector Update : Jul ‘10 System Data – Monthly Applications Still Strong Despite OPR Hikes - 30/08/2010

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