Bank Negara: Net financing growth moderated to 4.3pc in June

Bank Negara: Net financing growth moderated to 4.3pc in June 2021 | Money


Friday, 30 Jul 2021 05:05 PM MYT
Meanwhile, the banking system liquidity position remained strong to support financial intermediation and a healthy liquidity coverage ratio (LCR) level.. — Picture by Yusof Mat Isa
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KUALA LUMPUR, July 30 — Net financing growth moderated to 4.3 per cent in June 2021 compared to 4.8 per cent in May, reflecting the decline in both outstanding loan growth of 3.4 per cent and outstanding corporate bond growth of 6.9 per cent last month, Bank Negara Malaysia (BNM) said.
The central bank said outstanding household loan growth moderated to 5.2 per cent last month as loan disbursements declined, mainly for the purchase of passenger cars, residential property and credit cards.

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