Changing social pressures may be cause of growth in household debt


KUALA LUMPUR: The rapid growth in household debt and leverage in a number of countries may be symptoms of a larger change in the attitude of consumers.

According to Bank Negara governor Tan Sri Zeti Akhtar Aziz (pic), these included changing social norms such as societal peer pressure.

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Business , BNM , Zeti , Debt

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