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MBB [NON RATED] - 1H result on target, foreign strategic partner unlikely secured in 2013 - Visit Note

Company Research

05 Aug 2013

The bank managed to meet its own target in 1HFY13 thanks to strong loan growth and less pressure on margin. For the whole year, MBB expects its loan book will expand at least 12% yoy but maintains its earnings target given concerns on bad debts and squeezing margin.
Tags: MBB

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