Net financing expands 4.8% in Q3, says Bank Negara


Loan growth in the real estate sector contracted amid continued weakness in the property segment

KUALA LUMPUR (Bernama) -- Net financing expanded by 4.8% on an annual basis for the third quarter of this year compared with 5.6% in the second quarter amid continued moderate growth in loans, says Bank Negara Malaysia (BNM).

In its Quarterly Bulletin released today, BNM said growth of outstanding corporate bonds increased by 9% during the quarter (Q2 2019: 10.6%) with most issuances in the finance, insurance, real estate and business services sectors.

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