Household debt increases


PETALING JAYA: The household debt-to-gross domestic product (GDP) ratio increased to 89.1% last year but the ability to service debt remains sound, said Bank Negara.

“This continued to be supported by a broadly stable domestic employment and income outlook,” said the central bank in its Financial Stability and Payment Systems Report 2015.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , household debt , bank negara

Next In Business News

Stocks shaken by geopolitical fears, Japanese bonds bounce after selloff
China completes first phase of 6G technology trials
ACE Market-bound Kee Ming Group to raise RM31.50mil from IPO
Bursa Malaysia continues uptrend at midday, CI stays above 1,700
Gold crosses US$4,800 for the first time as US, EU spar over Greenland
Oil prices fall as risks from Kazakh production halt subside
ACE Market-bound Ambest aims to raise RM27.5mil from IPO
Steel Hawk unit secures contract for fire rated doors in Sabah
Binastra unit accepts RM742.86mil building contract in Johor
CPO prices to stay range-bound at RM4,000-RM4,300 per tonne in Feb - MPOC

Others Also Read