LOANS of RM500,000 and below extended by the banking system to small borrowers registered notable increase, accounting for 53% of total loans outstanding as at end of December last year compared with 48% a year earlier, Bank Negara said.
In terms of share, loans below RM100,000 and between RM100,000 and RM500,000 accounted for 30% and 23% of total outstanding loans respectively compared with previously.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
