BNM satisfied with personal financing segment downtrend


KUALA LUMPUR: Bank Negara Malaysia (BNM) is satisfied with the downtrend in personal financing segment, which is now moderating at 4.2% in the third quarter of this year as a result of its macro-prudential measures.

Governor Tan Sri Dr Zeti Akhtar Aziz said prior to the rolling out of such measures, the segment was growing above 20% during the 2010 to 2012 period, and moderated rapidly to 5% in the second quarter of this year.

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