NPLs still manageable, say analysts

“Banks are rushing to lock in these fixed deposit rates in lieu of the potential hikes in the overnight policy rate, which currently stands at 2.75%," says Wong.

PETALING JAYA: The usage of credit cards, the most expensive form of debt, is up but savings have generally remained flattish.

However, this is not a cause of concern, according to analysts, as banks’ non-performing loans (NPLs) are manageable, while Malaysia’s growth numbers are still looking good.