Outstanding household loans 6% higher as at end-July


TOTAL household loans outstanding in Malaysia rose 6% to RM936.7bil as at end-July 2018, which represented 57.4% of the total loans outstanding in the country’s banking system.

According to the Economic Outlook 2019, for the first seven months to July 31, 2018, loan disbursements to households led the advance in overall loan growth in the banking system, jumping 13.2% to RM191.7bil.

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Business , Banking system , Loans , Household debt

   

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