Hong Leong Bank Aims For 10 Pct Growth In Housing Loans

Hong Leong Bank is aiming for 10 percent growth this year in its housing loans segment, which currently has about 130,000 customers. As part of its efforts, the bank today introduced a cash back home loan product which it said enabled customers to save more on interest payment. Chief operating officer for personal financial services, Moey Tan, said the bank was confident of achieving the target of RM1 billion receivables for the new product by year-end as it was the only one of in the local mar