• Property

There is an analysis by CIMB Securities which has an “overweight” stance on the banking sector. Basically, “overweight” means they are saying it is good to invest into the banking sector because they expect it to do well. How do they come to this conclusion is through the strong loans growth in July 2024. Wait a minute, strong loans growth is good? Is that not more people having more debts? I thought we are supposed to have a low household debt for the economy to be healthy, right? 🙂