2020, decreased. At the end of 2018, loans in the commercial banking system were 6.0 percent higher than at the end of 2017, in line with an increase in consumer, SME and corporate loans, which expanded
household sector increased in all categories, particularly other consumer loans and auto-leasing. Financial institutions expect demand for business and household credit to increase later in the year
Difference Percentage associate Management benefit expenses (3.73) (4.51) (078) (82.71) Financial cost (0.31) (0.03) (0.28) (1033.33) Share of loss in associates - (15.06) - - Total expenses (16.97) (32.57
, consumer confidence depression and high level of household debt though, there was some spending of consumer goods from the COVID-19 pandemic distress. However, the government sector has launched remedial
, particularly in the retail and wholesale, and tourism sectors. There was slightly higher demand for consumer loans from the previous quarter from credit card loans resulting from sales promotions and new
across broader range of businesses and wider geographical areas. Meanwhile, consumer loans expanded in all purposes, particularly auto loans. However, commercial banks remained cautious in lending as their
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