Page 43 - Annual Report 2020
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2. Composition of gross loans and advances
Loans and advances are mainly comprised of two product
types, namely term loans and trade bills. The annual increase
in loans and advances was limited to 15.2% as of December
2020, compared to the growth of 40.2% for 2019. The rise
in loans and advances was primarily due to the increase in
term loans that reflected a year-on-year growth of 22.8%.
T ABLE OF C ONTENT S
