Stock Name: AFFIN
Company Name: AFFIN HOLDINGS BHD
Company Name: AFFIN HOLDINGS BHD
| Research House: CIMB | Price Call: SELL | Target Price: 2.79 |
Target RM2.79
Our expectations of a slowdown in loan growth were confirmed during Affin's recent briefing where management talked about a slowdown in growth from 14.4% in 2011 to 10-11% in 2012. The emphasis will be on avoiding a rise in the impaired loan ratio.
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