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Top Calls
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Sector Update � Banking (NEUTRAL,
maintain)
- Higher business loan disbursements in May15 Loan growth turned more positive in May15, rising +0.8% mom, driven by higher business loan disbursements. Meanwhile, loan indicators appeared mixed in May15, with approvals and applications declining mom. We still maintain our 2015 loan growth target of 7.5%. Maintain NEUTRAL� sector top picks PBB and HLB.
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Other Calls
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For
important disclosures, please refer to the Disclosure section at the end of
the individual linked research reports. |
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