PETALING JAYA: Higher growth in net issuances of private debt securities (PDS) and outstanding banking system loans has driven net financing to the private sector up 11.7% in February, Bank Negara said.
The central bank said in a release on the monetary and financial developments for February that business loans outstanding for the month had increased, with loans extended mainly to the manufacturing, wholesale and retail trade, restaurants and hotels, construction and agricultural sectors.
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