Together with the senior management of HLB, we met fund managers in Hong Kong over two days. The industry is faced with moderating gross domestic product indicators, which have spilled over into the banking sector’s loan growth momentum. The bank’s retail and small-and-medium-enterprise (SME) businesses remain its loan growth drivers. It is ingrained in HLB’s credit culture that exposures are kept conservative. Deposit growth will be kept on track with loan growth.

Source: The Edge Markets October 11, 2016 02:42 UTC