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Maybank expects lower loan growth as Malaysia economy slows

It reports net profit of RM1.58 billion in the quarter to June

Mr Farid said the outlook for the equity capital market remained soft in view of the weak market sentiment.

Kuala Lumpur

MALAYAN Banking Bhd (Maybank), South-east Asia's fourth-largest lender by assets, expects Malaysia's economy to slow, raising prospects of lower loan growth and spending, its group president and chief executive Abdul Farid Alias said.

He added that consumption will be...

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