There are no signs of deposits picking up.
According to Maybank Kim Eng, system deposits rose a marginal 1% YoY, which was the same pace of expansion as in Jul 2016.
"Positively, deposits have stopped contracting, but there is no growth. In fact, on an annualized basis, deposits are still contracting 1.4%. CASA expanded at a slower rate of 0.8% YoY in August versus 1.2% YoY in July."
...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.
We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.
Let us help you drive your business forward with a good partnership!
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