30% Malaysians feel their debts are burdensome - BNM survey

KUALA LUMPUR: Bank Negara Malaysia (BNM) through its Financial Capability and Inclusion Side (FCI 2021 survey) has found that 30 per cent of Malaysians felt that their debts were burdensome, which seems to be a long-term problem among salaried workers in Malaysia.

BNM financial inclusion department director Nor Rafidz Nazri said these debts were acquired during the early working life, during their youth, often for unproductive purposes.