Bank Chiefs Predict Strong Credit Growth Despite Q1 Slowdown

Bank executives are optimistic about future lending, despite a slow start to the year.

They predict that overall lending will grow by 11-13%.

Corporate borrowing was down in the first quarter because companies used other ways to get money.

But banks expect demand to rise, especially during the festival season, driven by good economic factors.

While there's some concern about people moving their money to the stock market, banks are still actively lending to infrastructure and new sectors.