KUALA LUMPUR: Credit growth to the private non-financial sector moderated to 4.8 per cent at the end of September, down from 5.2 per cent in August 2024, primarily due to a slowdown in business loans and corporate bond issuance, according to Bank Negara Malaysia (BNM).
The central bank said in a statement today that business loan growth eased to 4.5 per cent from 5.1 per cent in August, mainly attributed to a slower rate of loan expansion among non-SMEs (small and medium enterprises).
