Credit growth to private non-financial sector remains at 5.4% in May


File pic - AZMAN GHANI/ The Star

KUALA LUMPUR: Growth in credit to the private non-financial sector was sustained at 5.4 per cent in May 2024 on the back of a rise in corporate bonds and moderating loan growth, said Bank Negara Malaysia (BNM).

In its monthly highlights released today, the central bank said loan growth moderated to 5.7 per cent from April’s 6.0 per cent.

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