Net financing growth increases slightly to 4% in October 2021

KUALA LUMPUR: Net financing growth increased slightly to 4.0 per cent in October from 3.9 per cent in September, reflected higher growth in outstanding loans, amid moderation in outstanding corporate bond growth, said Bank Negara Malaysia (BNM) today.

In its monthly highlights for October 2021, the central bank said outstanding household loan growth increased to 3.7 per cent versus 3.2 per cent in the previous month amid higher loan disbursements across all purposes.