KLSE (MYR): RCECAP (9296)
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yuanlong57
1,528 posts
Posted by yuanlong57 > 2016-09-07 13:02 | Report Abuse
WHY WILL RCECAP CONTINUE TO PERFORM?
Factor 5 - Implementation of CCRIS and Loan Quality
The implementation of CCRIS will reduce loan impairments and improve on loan quality, thus increasing earnings. The CEO, Mr Loh Kam Chuen, in a press interview after AGM 2016, admitted that while loan impairments are inevitable in any financial lending business, the ones in RCECAP are within manageable limits.