PETALING JAYA: Total saving deposits, which rose strongly last year due to cautious spending habits brought upon by the global Covid-19 pandemic, may not rise as strongly in 2021 should there be a rebound in the economy.
According to Bank Negara statistics, saving deposits rose to RM211.69bil in November of last year from RM168.33bil in November 2019, a rise that has been much stronger than in recent years.
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!